Pentagon to invest $1B in L3Harris solid rocket motor spin-off
L3Harris announced plans to conduct an initial public offering of its Missile Solutions business in the second half of 2026.
L3Harris announced plans to conduct an initial public offering of its Missile Solutions business in the second half of 2026.
To increase munitions stockpiles, the US military needs more solid rocket motors. Deep into the supply chain, there are still problems, executives told Breaking Defense.
“This will be a next-generation capability being introduced by Ursa Major for hypersonic technology,” Ursa Major CEO Dan Jablonsky told Breaking Defense.
Under the contract, the companies will “verify design requirements and specifications” for the Mk 72, which is used on the Navy's Standard Missile.
The two firms become the latest entrant in the solid rocket motor business, which has boomed since the war in Ukraine began.
"In this particular program, we went from concept and design to firing and flight on the range in just under four months, which is lightning fast," said Ursa Major CEO Dan Jablonsky.
"What characterizes war, it's a battle of will and magic bullets don't exist. There is certainly a need for precision and really high-end weapon systems, but there's also a need for mass, relatively inexpensive weapon systems." Australian Maj. Gen. Vagg told Breaking Defense.
"Having a manufacturing complex in Australia will enable production of solid rocket motors for ourselves, firstly and then ultimately, from an export perspective, to our allies and partners around the world. And there is, at the moment, an inability to meet that demand," David Goodrich, Anduril Australia CEO, told Breaking Defense.
Thales Australia, a subsidiary of the French parent, will manufacture rocket motors and warheads for Lockheed Martin’s GMLRS missiles produced in the Lucky Country.
"Anduril Australia is primarily known for the cooperative development program we do in partnership with DTSG, ASCA and the Royal Australian Navy of the Ghost Shark XL, a UUV capability, and we are far less well known for our wider land and air defense capabilities that we sell to customers all around the world," Anduril CEO David Goodrich told Breaking Defense.
“We are going to make sure that we have security of supply, both in the United States and abroad, for the things that we need to be successful, and we are going to make investments to do that,” said Tim Cahill, executive vice president of Lockheed’s missiles and fire control unit.