1 source · first reported 2h ago

L3Harris is delaying the initial public offering of its missile business until 2027, citing market conditions that do not reflect the value of the Pentagon-backed business. This decision comes despite surging demand in the defense sector.
The delay in the IPO highlights the complexities of navigating market conditions for defense technology businesses, even amidst growing demand for defense capabilities.
How this story unfolded across sources, oldest first.