L3Harris Missile Solutions Carve-Out
In Plain English
L3Harris Technologies, Inc. is selling a stake in Missile Solutions Business to the public through an IPO, while keeping majority ownership for now. This was recently announced.
Missile Solutions Business will become a separate public company
Deal Progress
RUMORED
ANNOUNCED
PENDING
ACTIVE
COMPLETED
Parent Company
L3Harris Technologies, Inc.
LHX
Defense
SpinCo / Target
Missile Solutions Business
Announced
Jan 13, 2026
Jan 13, 26
Expected
H2 2026
Market Cap
Not disclosed
Deal Value
Not disclosed
Summary
L3Harris to carve out its Missile Solutions business.
Deal Flow Timeline
Key milestones from announcement to expected completion
Deal Announced
2026-01-13
COMPLETEDS-1 / IPO Filing
UPCOMINGIPO Roadshow
UPCOMINGIPO Pricing
H2 2026
UPCOMINGTrading Begins
H2 2026
UPCOMINGDeal Announced
COMPLETEDInitial public announcement of the transaction.
2026-01-13
S-1 / IPO Filing
UPCOMINGRegistration statement filed for the IPO of the carved-out entity.
IPO Roadshow
UPCOMINGManagement roadshow and investor presentations.
IPO Pricing
UPCOMINGIPO price set and shares allocated.
Est: H2 2026
Trading Begins
UPCOMINGNew entity begins trading on the exchange.
Est: H2 2026