L3 Technologies

L3Harris Technologies Completes Sale of EOTech to American Holoptics

Friday, July 31, 2020 - 11:26pm

L3Harris Technologies (NYSE:LHX) today completed the previously announced sale of its EOTech business to American Holoptics, an affiliate of Koucar Management.

Key Points: 
  • L3Harris Technologies (NYSE:LHX) today completed the previously announced sale of its EOTech business to American Holoptics, an affiliate of Koucar Management.
  • With annual revenue of approximately $60 million, L3Harris EOTech business manufactures holographic sighting systems, magnified field optics and accessories for military, law enforcement and commercial markets around the world.
  • L3Harris Technologies is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers mission-critical needs.
  • L3Harris has approximately $18 billion in annual revenue and 48,000 employees, with customers in more than 100 countries.

COVID-19 Impact and Recovery Analysis- Military Simulation and Virtual Training Market 2020-2024 | Cost-Effective Virtual Training to Boost Growth | Technavio

Wednesday, May 6, 2020 - 1:00pm

Our military simulation and virtual training market report covers the following areas:

Key Points: 
  • Our military simulation and virtual training market report covers the following areas:
    This study identifies demand for unmanned aerial vehicle (UAV) flight simulation as one of the prime reasons driving the military simulation and virtual training market growth during the next few years.
  • Military Simulation and Virtual Training Market 2020-2024: Vendor Analysis
    We provide a detailed analysis of vendors operating in the military simulation and virtual training market, including some of the vendors such as BAE Systems Plc, Bohemia Interactive Simulations ks, CAE Inc., Fidelity Technologies Corp., Kratos Defense & Security Solutions Inc., L3 Technologies Inc., Lockheed Martin Corp., Saab AB, Thales Group, and United Technologies Corp.
  • Backed with competitive intelligence and benchmarking, our research reports on the military simulation and virtual training market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Military Simulation and Virtual Training Market 2020-2024: Key Highlights

L3Harris Technologies Signs Definitive Agreement to Sell EOTech to an Affiliate of Koucar Management

Tuesday, March 24, 2020 - 1:00pm

L3Harris Technologies (NYSE:LHX) today announced the signing of a definitive agreement under which American Holoptics, an affiliate of Koucar Management, will acquire the EOTech business.

Key Points: 
  • L3Harris Technologies (NYSE:LHX) today announced the signing of a definitive agreement under which American Holoptics, an affiliate of Koucar Management, will acquire the EOTech business.
  • L3Harris Technologies is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers mission-critical needs.
  • The company provides advanced defense and commercial technologies across air, land, sea, space and cyber domains.
  • The company is a subsidiary of Koucar Management, whose strategic acquisitions of Elite Defense and HEL Technologies represent a solid foundation of cutting-edge optical science and weapons systems distribution.

Explosive Detection Equipment Market 2019-2023|Enhanced Security Mandate of Authorities to Boost Growth | Technavio

Tuesday, February 4, 2020 - 10:00pm

Our explosive detection equipment market report covers the following areas:

Key Points: 
  • Our explosive detection equipment market report covers the following areas:
    This study identifies advent of wearable explosive detection equipment as one of the prime reasons driving the explosive detection equipment market growth during the next few years.
  • Explosive Detection Equipment Market 2019-2023: Vendor Analysis
    We provide a detailed analysis of around 25 vendors operating in the explosive detection equipment market, including some of the vendors such as Chemring Group, Cobham, FLIR Systems, L3 Technologies, and Smiths Group.
  • Backed with competitive intelligence and benchmarking, our research reports on the explosive detection equipment market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Explosive Detection Equipment Market 2019-2023: Key Highlights
    Technavio is a leading global technology research and advisory company.

Waveband Communications, Inc refreshes its accessory line for the Harris Ma/Com P7100 Portable Radio

Wednesday, November 27, 2019 - 5:00pm

ELDERSBURG, Md., Nov. 27, 2019 /PRNewswire-PRWeb/ -- In 2009 Harris Ma/Com Corporation, better known as Harris L3 Technologies, discontinued support of its legacy Harris P7100 radio.

Key Points: 
  • ELDERSBURG, Md., Nov. 27, 2019 /PRNewswire-PRWeb/ -- In 2009 Harris Ma/Com Corporation, better known as Harris L3 Technologies, discontinued support of its legacy Harris P7100 radio.
  • "The P7100 radio has been a critical communications tool for our military personnel for over twenty years and has been replaced by newer portable radio models, including the Harris P7300 and XL-200," said Kyle Bryant, Director of Marketing.
  • 4100 mAh two-way radio battery for Harris M/A-Com P7100 SKU: WV-BKB191210-LIP Now Available
    Increased Capacity extends talk times between charges.
  • Waveband Communications was founded in April of 2002 to custom engineer and deliver products to better service the two-way radio accessory needs of government users.

L3Harris Technologies Completes Sale of Harris Night Vision Business to Elbit Systems of America

Sunday, September 15, 2019 - 7:00am

L3Harris Technologies (NYSE:LHX) today completed the previously announced sale of the Harris Night Vision business to Elbit Systems of America, LLC (ESA) for $350 million in cash.

Key Points: 
  • L3Harris Technologies (NYSE:LHX) today completed the previously announced sale of the Harris Night Vision business to Elbit Systems of America, LLC (ESA) for $350 million in cash.
  • L3Harris divested the business as part of the regulatory process relating to the merger of Harris Corporation and L3 Technologies in June 2019.
  • L3Harris retained the legacy L3 Warrior Mission Solutions business that develops and manufactures fully qualified, advanced night vision and electro-optical systems and components for the U.S military, law enforcement, first responder agencies and allied nations across the globe.
  • L3Harris Technologies is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers mission-critical needs.

EaglePicher® Technologies Appoints Richard Hunter as Chief Executive Officer

Wednesday, July 24, 2019 - 12:00pm

ST. LOUIS, July 24, 2019 /PRNewswire/ --EaglePicher Technologies, a leading battery systems supplier for mission-critical applications across defense, aerospace and medical, announces the appointment of Richard Hunter as chief executive officer.

Key Points: 
  • ST. LOUIS, July 24, 2019 /PRNewswire/ --EaglePicher Technologies, a leading battery systems supplier for mission-critical applications across defense, aerospace and medical, announces the appointment of Richard Hunter as chief executive officer.
  • Hunter most recently served as president of L3 Technologies - Defense Electronic Systems division, a global defense technology innovator.
  • EaglePicher is investing in the people and processes that will accelerate growth and position us for long-term success," commented Richard Hunter.
  • At EaglePicher, Hunter will be responsible for building on the company's culture and reputation as a strategic partner to defense, aerospace and medical customers.

Dow-Key Microwave Awarded Top Honor for L3 Technologies' Supplier Excellence Award Program

Friday, July 12, 2019 - 9:23pm

DOWNERS GROVE, Ill., July 12, 2019 /PRNewswire/ -- Dow-Key Microwave ("Dow-Key"), part of Microwave Products Group and Dover (NYSE: DOV), was recently awarded the highest level of recognition by L3 Technologies (L3 CS-West) for the company's Supplier Excellence Award program.

Key Points: 
  • DOWNERS GROVE, Ill., July 12, 2019 /PRNewswire/ -- Dow-Key Microwave ("Dow-Key"), part of Microwave Products Group and Dover (NYSE: DOV), was recently awarded the highest level of recognition by L3 Technologies (L3 CS-West) for the company's Supplier Excellence Award program.
  • L3 Technologies recognizes suppliers who have provided exemplary performance and commitment to L3 Technologies by exceeding customer requirements.
  • Award candidates are judged on certain criteria, including overall quality, on-time delivery and demonstrated commitment to continuous improvement.
  • "Dow-Key's team is deeply honored to be recognized as a top supplier by L3 Technologies.

L3Harris Technologies Merger Successfully Completed; Board of Directors, Leadership and Organization Structure Announced

Monday, July 1, 2019 - 11:00am

L3Harris Technologies (NYSE:LHX) today announced the successful completion of the all-stock merger between Harris Corporation and L3 Technologies on June 29, 2019.

Key Points: 
  • L3Harris Technologies (NYSE:LHX) today announced the successful completion of the all-stock merger between Harris Corporation and L3 Technologies on June 29, 2019.
  • L3 Technologies (NYSE:LLL) shares ceased trading upon market close on June 28 and have converted into 1.3 L3Harris shares for each L3 share.
  • L3Harris Technologies is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers mission-critical needs.
  • L3Harris disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Harris Corporation and L3 Technologies Set Closing Date for Merger

Friday, June 21, 2019 - 4:34pm

Harris Corporation (NYSE:HRS) and L3 Technologies (NYSE:LLL) announced that they have received the necessary regulatory approvals for their all-stock merger and have set a closing date of June 29, 2019.

Key Points: 
  • Harris Corporation (NYSE:HRS) and L3 Technologies (NYSE:LLL) announced that they have received the necessary regulatory approvals for their all-stock merger and have set a closing date of June 29, 2019.
  • Upon closing, Harris will be renamed L3Harris Technologies, Inc., and shares of L3Harris common stock will trade on the NYSE under ticker symbol LHX.
  • L3 shares will cease trading upon market close on June 28 and convert into 1.3 L3Harris shares for each L3 share.
  • These forward-looking statements speak only as of the date of this communication or as of the date they were made, and neither L3 nor Harris undertakes any obligation to update forward-looking statements.