1518 ET - The initial public offering of L3Harris' missile business is on track to take place in the second half of the year, President of Missile Solutions Ken Bedingfield says at the JPMorgan Industrials Conference. Bedingfield, in his third day on the job, says the company is making good progress on meeting regulatory requirements ahead of the IPO. The spin-off comes after the Pentagon committed to invest $1 billion in the business as a minority anchor investor. The business is already working to boost capacity and production, and stands ready to increase its investments, Bedingfield says. "We are ready to close the investment and we are ready to get to our planned IPO," he says. (elias.schisgall@wsj.com)
(END) Dow Jones Newswires
March 18, 2026 15:18 ET (19:18 GMT)
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