What Happened
Navy Partners With URSA MAJOR On Solid Rocket Motor Development
URSA MAJOR has announced the completion of its Solid Rocket Motor (SRM) Manufacturing Pathfinder Program with the US Navy and Office of Strategic Capital. The program successfully developed and static-fired an HLG 10-inch SRM prototype, which is expected to serve future Navy systems. Additionally, L3HARRIS TECHNOLOGIES has been awarded a $499.6 million contract by the US Missile Defense Agency. This news was first reported by Aviation Week.