Defense Department to invest $1 billion into L3Harris's missile solutions business spinoff

L3Harris Technologies, the parent company of L3Harris Missile Solutions, is a global aerospace and defense technology innovator with approximately 50,000 employees. It provides advanced solutions across air, land, sea, space, and cyber domains, including secure communications, electronic systems, and integrated mission systems, with significant applications in critical infrastructure sectors like air traffic management and digital communications globally.

The U.S. Department of Defense is a federal executive department responsible for national security, managing a global network of military installations and critical infrastructure. It focuses on developing, operating, and maintaining facilities, energy systems, and digital infrastructure to support military operations worldwide, with an emphasis on resilience and modernization.