L3Harris Advances $2 Billion AXYV Missile Spin-Off IPO

L3Harris has selected JPMorgan and Morgan Stanley to lead the upcoming IPO of its missile business AXYV. The spin-off could raise up to $2 billion in 2026.

L3Harris Advances $2 Billion AXYV Missile Spin-Off IPO
Credit: Luke Sharrett/Bloomberg
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