Lufthansa Group Enters Partnership with Amadeus

L3Harris Hones Defense Department Focus with Sale of Civil Space Propulsion Unit

L3Harris Technologies’ moved to sell a majority stake in its civilian space propulsion unit to private equity firm AE Industrial Partners, representing yet another move by the company to pivot its focus to the military space market.“L3Harris is strongly committed to the Department of War’s vision for a faster, more agile defense industrial base while remaining laser-focused on driving value for our shareholders and customers,” said Chairman and …

Lufthansa Group taps Amadeus tech

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AE Industrial to acquire L3Harris Space Systems stake

AE Industrial Partners has agreed to acquire a controlling interest in L3Harris’ Space Propulsion and Power Systems business, at a total enterprise value of US$845 million. The transaction is expected to close in the second half of 2026, subject to regulatory approvals and the satisfaction of customary closing conditions. L3Harris’ RS-25 rocket engine business is excluded from the transaction. Following completion, L3Harris will retain an approx…

Lufthansa Group enters partnership with Amadeus

The Lufthansa Group and travel technology company Amadeus have entered a groundbreaking partnership to make booking, adjusting, and managing flights even easier for travellers. The focus is on the introduction of an “Order ID,” a new identification number that will eventually replace the previous booking and ticket numbers and bring together all components of a trip. These include the flight, reserved seats, baggage, and additional services such…