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The engine that changed hands twice

The West Palm Beach rocket engine plant designs, manufactures, assembles and tests the RL10 engine, which flies on the Centaur upper stage of Vulcan Centaur from Space Launch Complex 41.

L3Harris Technologies acquired Aerojet Rocketdyne in a transaction signed 18 December 2022 at $58 per share, about $4.7 billion including net debt, and closed on 28 July 2023 [LHXAJ] [LHXSEC]. In January 2026 the space propulsion, power and electronics business reemerged as a standalone company carrying the Rocketdyne name, about 1,300 people, in which AE Industrial Partners holds a 60 percent interest and L3Harris retains a noncontrolling interest [SNRD] [WT26] [RDHOME] [AEIHOME]. The missile business stayed with L3Harris as L3Harris Missile Solutions.

The relation from L3Harris to Aerojet Rocketdyne is acquired, not founded. A purchase and a founding are different relations and they are typed differently here. The ownership of the standalone company is carried by two more: majority owner of from AE Industrial Partners and minority owner of from L3Harris.

FromRelationToYearsWhat the record states
West Palm Beach rocket engine plantmanufacturesRL10 engine1963 onwardthe plant designs, manufactures, assembles and tests the engine
RL10 enginepowersVulcan Centaur2024 onwardthe West Palm Beach engine flies on the Centaur upper stage
Aerojet Rocketdyneoperates siteWest Palm Beach rocket engine plant2013 to 2023the propulsion company holds the West Palm Beach plant
L3Harris TechnologiesacquiredAerojet Rocketdyne2023acquisition signed 18 December 2022 at $58 per share, $4.7 billion including net debt, completed 28 July 2023
Aerojet Rocketdynespun off asRocketdyne2026the space propulsion, power and electronics business separates as a standalone company
Aerojet Rocketdyneseparated intoL3Harris Missile Solutions2026the missile business stays with L3Harris as L3Harris Missile Solutions
AE Industrial Partnersmajority owner ofRocketdyne2026the Boca Raton firm takes 60 percent of the business and restores the Rocketdyne name
L3Harris Technologiesminority owner ofRocketdyne2026 onwardL3Harris retains a noncontrolling interest
Rocketdyneoperates siteWest Palm Beach rocket engine plant2026 onwardthe standalone company holds the West Palm Beach plant
Pratt and Whitney West Palm Beachpredecessor ofWest Palm Beach rocket engine plant1958 onwardthe Palm Beach County engine development center precedes and surrounds the rocket engine plant
L3Harris Technologiesoperates siteL3Harris Palm Bay spacecraft campus2021 onwardthe prime holds the Palm Bay spacecraft campus
RL10 enginepowersAtlas Centaur1963the RL10 makes the first in flight liquid hydrogen burn on the Centaur stage