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L3Harris Technologies announced the sale of a 60% stake in its space propulsion and power systems business to AE Industrial Partners for $845 million. This transaction aligns with L3Harris' strategy to refocus on defense capabilities.

Despite the sale, L3Harris will retain ownership of the RS-25 rocket engine for NASA's Artemis program. The deal is anticipated to close in the second half of 2026 and aims to enhance future propulsion technologies, including nuclear propulsion for Mars exploration.