L3Harris Accelerates ‘Arsenal of Freedom’ with Creation of a New Missile Solutions Company

The move is expected to significantly expand U.S. and allied capacity to produce critical missile propulsion systems, following a proposed $1 billion investment from the Department of War structured to support long-term growth. The independently traded business, planned for an IPO in the second half of 2026, will consolidate L3Harris’ missile-related capabilities to deliver faster production at greater scale for key defense programs. This initiative aligns with broader efforts to strengthen the defense industrial base and enhance strategic deterrence.