L3Harris CEO says hypersonics could be 'crown jewel' of Aerojet Rocketdyne acquisition

By Shelley K. Mesch / January 27, 2023 at 11:24 AM
L3Harris Technologies' proposed acquisition of Aerojet Rocketdyne is a way to branch into the missiles market, L3Harris CEO Chris Kubasik said Friday, adding that hypersonic missile technology could be the "crown jewel" of the acquisition. L3Harris, which announced its plan to acquire Aerojet for $4.7 billion last month, has a strong presence in command-and-control systems and sensors, Kubasik said during the year-end earnings call, but the company wants to expand into weapons. “Our weapons presence in this $75 billion market...

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