L3Harris Technologies has announced a proposed partnership with the Department of War to expand the production of solid rocket motors used in key US and allied missile systems. The agreement includes a planned $1bn DoW investment in L3Harris’ Missile Solutions business through a convertible preferred security that would convert to equity at an initial public offering.

L3Harris supports “Arsenal of Freedom” strategy through creation of Missile Solutions unit

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L3Harris Technologies has announced a proposed partnership with the Department of War to expand the production of solid rocket motors used in key US and allied missile systems.

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