L3Harris will deliver low-cost cruise missiles to the U.S. Marine Corps by the end of the next year under a newly awarded contract worth $86.2 million.
L3Harris expects its new Missile Solutions unit, which combines Aerojet-Rocketdyne with critical missile systems, to generate $4.4 billion in revenue this year.
The Royal Australian Air Force has taken delivery of its first MC-55A Peregrine intelligence, surveillance, reconnaissance and electronic warfare aircraft.
The U.S. military plans to spend $1 billion to take an ownership stake in a future L3Harris Technologies spin-off focused on solid rocket motor production for tactical missiles.
AE Industrial Partners will buy a majority stake in the RL-10 upper-stage rocket and space nuclear propulsion businesses from L3Harris for $507 million.
Rocket Lab is making its missile defense development debut as the SDA awarded the company one of four contracts for the next phase of its Tracking Layer
An armed version of a Bombardier Global 6500 business jet designed for maritime patrol missions remains in demand in the Gulf region, according to an executive from the Canadian airframer.
Avio, a space propulsion specialist, will build a solid rocket motor factory in the United States that will supply both RTX’s Raytheon and Lockheed Martin.