An L3Harris logo is displayed above a stand at the Indo Pacific International Maritime Exposition in Sydney, Australia, on Nov. 4, 2025. Reuters/Hollie Adams/File PhotoThe U.S. government will invest $1 billion in L3Harris Technologies’ rocket motor business, a rare direct-to-supplier partnership that the Pentagon said is designed to expand production of solid rocket motors used in major weapons systems as President Donald Trump presses for a major boost in defense spending and sharper oversight of the defense industry.The Department of War said on Jan. 13 that it signed a letter of intent with L3Harris outlining the terms of a $1 billion convertible preferred equity investment in the company’s Missile Solutions business, which will be carved out into a separate company under the transaction.
Pentagon Injects $1 Billion Into L3Harris to Boost Missile Motor Output
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