Technology

L3Harris Technologies agrees to sell commercial aviation solutions business to TJC

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L3Harris Technologies agrees to sell commercial aviation solutions business to TJC

L3Harris Technologies has signed a definitive agreement under which an affiliate of private equity company TJC will acquire L3Harris’ Commercial Aviation Solutions (CAS) business for $800 million. The acquisition includes a $700 million cash purchase price and $100 million earnout based on the ach...

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