EOTech

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.

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.

L3 Technologies Awarded U.S. Special Operations Command Contract for EOTech Optics

Wednesday, January 16, 2019 - 2:28pm

L3 Technologies (NYSE:LLL) announced today that it has been awarded a $26.3 million contract from the U.S. Special Operations Command (USSOCOM) to provide close-quarters sights and clip-on magnifiers from its EOTech brand for the Miniature Aiming System-Day Optics suite.

Key Points: 
  • L3 Technologies (NYSE:LLL) announced today that it has been awarded a $26.3 million contract from the U.S. Special Operations Command (USSOCOM) to provide close-quarters sights and clip-on magnifiers from its EOTech brand for the Miniature Aiming System-Day Optics suite.
  • Its a testament to L3s commitment to quality that USSOCOM has once again competitively selected EOTech as their choice for battle optics.
  • EOTech has provided Special Operations Forces with rugged and advanced holographic weapon sights since 2001.
  • A part of L3 Technologies Field Vision Systems sporting optics business area, EOTech delivers cutting-edge technology and products, including holographic sighting systems, magnified field optics, tactical lasers, and thermal imaging and night vision equipment.