Story perspectives

Pentagon Invests $1 Billion to Boost Rocket Production

1/13/2026

Summary

Story summary

The Pentagon will invest $1 billion in L3Harris Technologies to boost solid rocket motor production, the first direct-to-supplier partnership.
The government will take a minority stake in L3Harris Technologies' Missile Solutions unit, which will become a separate public company.
The initiative aims to modernize facilities and address supply chain challenges amid rising demand for munitions.
An IPO for the new Missile Solutions company is expected in late 2026.

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Story summary

The Pentagon will invest $1 billion in L3Harris Technologies to boost solid rocket motor production, the first direct-to-supplier partnership.
The government will take a minority stake in L3Harris Technologies' Missile Solutions unit, which will become a separate public company.
The initiative aims to modernize facilities and address supply chain challenges amid rising demand for munitions.
An IPO for the new Missile Solutions company is expected in late 2026.