AE INDUSTRIAL PARTNERS

Stephen Costley January 05, 2026

AE INDUSTRIAL PARTNERS agreed to acquire controlling interest in the Space Propulsion and Power Systems business of L3HARRIS TECHNOLOGIES at a total enterprise value of $845m. It plans to restore and use the ROCKETDYNE name.

Stephen Costley

Steve Costley is responsible for the overall production SpeedNews. Steve has over 30 years of experience with SpeedNews, now part of the Aviation Week Network. He joined the company in August 1989 as an Associate Editor and was named Managing Editor in 1994. He was also named Vice President and Chief Operating Officer of SpeedNews, Inc., in the late 1990s, and held those titles until Prism Business Media acquired the company from Gil Speed in 2006.

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