L3Harris Technologies said Jan. 5 it will sell a majority stake in its space propulsion business to private equity firm AE ...

Lilium successfully completed initial full-throttle test bench runs of its eVTOL Jet's electric propulsion unit, a crucial step towards its planned first crewed flight later this year. This milestone ...

The potential sale coincides with a reorganization of L3Harris' operating structure, consolidating its four business segments into three.

AE Industrial will take a 60 percent stake in the new business focused on civil and commercial space; L3Harris will maintain ...

It's been almost ten years since Lilium's co-founders embarked on the bold and risky adventure of adapting jet technology to an all-electric propulsion system for a revolutionary eVTOL jet. The most ...

L3Harris Technologies, Inc. LHX recently revealed that it has secured a follow-on production contract valued at up to $200 million to produce Guided Multiple Launch Rocket System (“GMLRS”) Insensitive ...

L3Harris Technologies is selling a 60% stake in its space propulsion business to AE Industrial Partners for $845 million, ...

Lilium begins installation of serial production line for propulsion units at Lilium’s production facilities in Wessling, Germany First prototype propulsion units expected to come off the line in Q2 ...

Polarstern is being built for the Alfred Wegener Institute, Helmholtz Center for Polar and Marine Research (AWI).The new ...

MUNICH, June 26, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), has successfully completed the first series of tests ...

L3Harris Technologies has agreed to sell a majority stake in its Propulsion and Power Systems division to AE Industrial ...