L3 Harris Technologies

Aerospace and defense technology company L3Harris Technologies has signed an agreement to purchase defense and space propulsion systems manufacturer Aerojet Rocketdyne. L3Harris is set to acquire the company at $58 per share for an all-cash transaction valued at $4.7 billion. Pending regulatory approval, the deal is expected to close next year. “This agreement will accelerate […]

Embraer and L3 Harris Technologies have formed a partnership to develop an “agile tanker” tactical aerial refueling option designed to meet U.S. Air Force operational requirements. The agreement signed by the companies covers expanding the capabilities of Embraer’s KC-390 Millennium multi-mission aircraft to accomplish that goal. Upgrades are expected to include an advanced boom and […]