L3Harris said the spinoff and investment will allow it to significantly increase capacity to meet growing demand. - Celal Gunes/Anadolu Agency/Getty Images The Pentagon said it would invest $1 billion in L3Harris Technologies’ missile business to turbocharge production of rocket and missile components. The defense contractor said Tuesday it plans to spin off the missile segment into a separate publicly traded company, backed by the Pentagon’s minority investment. The stand-alone business will focus on ma ...