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

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

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

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 ...

Northrop Grumman Corporation was awarded a $94.3 million contract by the U.S. Navy to develop and qualify a new 21-inch ...

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

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, ...

L3Harris will retain a minority investment interest and continue to act as a strategic partner to the business. AE Industrial plans to restore and use the "Rocketdyne" name for the acquired business ...

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 ...

NASA is backing a new generation of nuclear rockets that could compress the months-long journey to Mars into a sprint ...

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 ...