L3Harris Technologies said Jan. 5 it will sell a majority stake in its space propulsion business to private equity firm AE ...

AE Industrial will take a 60 percent stake in the new business focused on civil and commercial space; L3Harris will maintain ...

Melbourne-based L3Harris acquired the vast rocket engine company Aerojet Rocketdyne in 2023, but on Monday announced it was ...

AE Industrial Partners, LP ("AE Industrial"), a private investment firm focused on technologies and services considered critical to aerospace and national and economic security, today announced that ...

The rise of the commercial space industry precipitated a steeper decline at Rocketdyne. Boeing sold the Rocketdyne division ...

According to DataM Intelligence, the Advanced Rocket And Missile Propulsion Systems Market reached USD 38.79 billion in 2024 ...

AE Industrial Partners has acquired a controlling stake in L3Harris Technologies’ space propulsion and power systems business. No financial terms were disclosed. Headquartered in Melbourne, Florida, ...

Space agencies are moving closer to a new era of rocket propulsion that could fundamentally change deep-space travel. Nuclear ...

Investing.com -- Northrop Grumman Corporation (NYSE:NOC) has secured a $94.3 million contract from the U.S. Navy to develop a new 21-inch diameter second-stage solid rocket motor for extended-range ...

L3Harris Technologies is nearing a deal to sell a 60% stake in a portfolio of space and propulsion businesses to AE ...

For over a century, rocket propulsion has followed a simple principle; burn fuel, expel it backward, and Newton's third law pushes you forward. Since Konstantin Tsiolkovsky first formulated the rocket ...

There's truly nothing else like a space shuttle launch. Watching a massive space-faring vessel make its way beyond Earth's atmosphere into the embrace of outer space, in many cases carrying a crew of ...