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The U.S. government is investing $1 billion in L3Harris Technologies' rocket motor division to ensure a consistent supply of rocket motors for missiles like Tomahawks and Patriots. This investment, which will convert into equity upon the company's 2026 IPO, is the first direct supplier partnership in defense contracting. While it aims to strengthen the defense supply chain, it raises concerns about conflicts of interest as the government gains an ownership stake in a contractor active in defense bids, potentially disadvantaging competitors like Northrop Grumman.