L3HARRIS Electron Devices

Arlington Capital Partners Completes the Acquisition of Stellant Systems, Formerly L3Harris Technologies’ Electron Devices and Narda Microwave-West Divisions

Retrieved on: 
Monday, October 4, 2021
Professional Services, Defense, Aerospace, Manufacturing, Finance, Other Manufacturing, Other Defense, Northrop, Business development, Partnership, Arlington Capital Partners, Health, Strategy, Software, Multimedia, Maxar Technologies, Holland & Knight, Grumman, Radar, System, CEO, CA, Acquisition, Company, Growth, Kirkland & Ellis, Electronics, TWT, Technology, Intelligence, LHX, Directed-energy weapon, History, L3HARRIS Electron Devices, RF, NYSE, Industry, Financial services, Risk management

Arlington Capital Partners (Arlington), a Washington, DC-area private equity firm, today announced the completion of its acquisition of L3Harris Technologies (NYSE:LHX) Electron Devices and Narda Microwave-West divisions.

Key Points: 
  • Arlington Capital Partners (Arlington), a Washington, DC-area private equity firm, today announced the completion of its acquisition of L3Harris Technologies (NYSE:LHX) Electron Devices and Narda Microwave-West divisions.
  • The Company will now operate independently as Stellant Systems (Stellant or the Company"), a standalone platform for Arlington in the mission-critical defense electronics market.
  • Ben Ramundo, a Vice President at Arlington, said, Stellant is an extremely unique asset within the defense electronics ecosystem.
  • Arlington Capital Partners is a Washington, DC-based private equity firm that is currently investing out of Arlington Capital Partners V, L.P., a $1.7 billion fund.

L3Harris Completes Sale of its Electron Devices and Narda Microwave-West Businesses

Retrieved on: 
Monday, October 4, 2021
Defense, Technology, Satellite, Aerospace, Manufacturing, Other Defense, Securities Act of 1933, Arlington Capital Partners, Sale, Intention, L3Harris Technologies, Atmosphere, Technology, Radar, CA, LHX, L3HARRIS Electron Devices, RF, Securities Exchange Act of 1934, NYSE

L3Harris Technologies (NYSE:LHX) has completed the sale of its Electron Devices and Narda Microwave-West businesses to Arlington Capital Partners, a Washington, DC-area private equity firm.

Key Points: 
  • L3Harris Technologies (NYSE:LHX) has completed the sale of its Electron Devices and Narda Microwave-West businesses to Arlington Capital Partners, a Washington, DC-area private equity firm.
  • The businesses were part of L3Harris Aviation Systems segment and are leading providers of RF amplification products for the space, electronic warfare, radar, medical and industrial end markets.
  • The businesses have more than 800 employees across its three facilities in Torrance, CA, Williamsport, PA and Folsom, CA.
  • L3Harris Technologies is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers mission-critical needs.

Arlington Capital Partners Signs Definitive Agreement to Acquire L3Harris Technologies’ Electron Devices and Narda Microwave-West Divisions; Will Form Stellant Systems

Retrieved on: 
Tuesday, August 3, 2021
Technology, Contracts, Finance, Banking, Aerospace, Professional services, Manufacturing, Software, Defense, Hughes Aircraft Company, L3HARRIS Electron Devices, Arlington Capital Partners, Companies, Arlington, L3Harris Technologies, Economy of the United States, Economy of California

Arlington Capital Partners (Arlington), a Washington, DC-area private equity firm, today announced that an affiliate has entered into definitive agreements to acquire L3Harris Technologies (NYSE:LHX) Electron Devices and Narda Microwave-West divisions (the Company).

Key Points: 
  • Arlington Capital Partners (Arlington), a Washington, DC-area private equity firm, today announced that an affiliate has entered into definitive agreements to acquire L3Harris Technologies (NYSE:LHX) Electron Devices and Narda Microwave-West divisions (the Company).
  • View the full release here: https://www.businesswire.com/news/home/20210803005575/en/
    After closing, the Company will operate independently as Stellant Systems (Stellant) and will be a standalone platform for Arlington in the mission-critical defense electronics market.
  • The transaction is occurring in partnership with current L3Harris Electron Devices leadership, who upon close are expected to continue to operate and lead the Company.
  • Arlington Capital Partners is a Washington, DC-based private equity firm that is currently investing out of Arlington Capital Partners V, L.P., a $1.7 billion fund.

Department of Defense Recognizes L3Harris Technologies with Highest Industrial Security Practices Awards

Retrieved on: 
Monday, August 3, 2020
Security, Defense, Technology, Aerospace, Manufacturing, Other Defense, Companies, LHX, L3HARRIS Electron Devices, DCSA, Defense Counterintelligence and Security Agency, L3Harris Technologies, Economy of the United States, L3, Economy of California

The U.S. Department of Defense has recognized three L3Harris Technologies (NYSE:LHX) facilities with the 2020 James S. Cogswell Outstanding Industrial Security Achievement Award for maintaining high standards in security procedures.

Key Points: 
  • The U.S. Department of Defense has recognized three L3Harris Technologies (NYSE:LHX) facilities with the 2020 James S. Cogswell Outstanding Industrial Security Achievement Award for maintaining high standards in security procedures.
  • The DoDs Defense Counterintelligence and Security Agency (DCSA) recognized L3Harris Electron Devices in Torrance, Calif.; Datron Advanced Technologies in Simi Valley, Calif.; and NEXGEN Communications in Sterling, Va.
  • The award criteria focus on principles of industrial security excellence and include factors such as establishing and maintaining a security program that far exceeds the basic National Industrial Security Program requirements.
  • L3Harris Technologies is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers mission-critical needs.