L3Harris Technologies Completes Sale of Airport Security and Automation Business to Leidos for $1 Billion
L3Harris Technologies (NYSE:LHX) today completed the previously announced sale of its airport security and automation business to Leidos (NYSE:LDOS) for $1 billion.
With annual revenues of approximately $500 million, L3Harris' Security & Detection Systems and MacDonald Humfrey Automation solutions are used by the aviation and transportation industries, regulatory and customs authorities, government and law enforcement agencies, and commercial and other high-security facilities.
About L3Harris Technologies
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. L3Harris has approximately $18 billion in annual revenue and 50,000 employees, with customers in 130 countries. L3Harris.com.
Hyundai Motor joins its third straight Advanced Clean Transportation (ACT) Expo to share its hydrogen vision, HTWO, and introduce its U.S. hydrogen commercial vehicle businessAt its press conference, Hyundai Motor shares its U.S. hydrogen commercial...
As part of National Safe Boating Week, running from May 18 - 24, 2024, Operation Dry Water (ODW) is reminding boat operators and passengers of the dangers associated with boating under the influence (BUI)....
Frontier Airlines, Inc., a subsidiary of Frontier Group Holdings, Inc. , today announced that Barry Biffle, CEO, will participate in a brief ULCC panel moderated by Scott Group at the 17th Annual Wolfe Research Transportation and Industrials...
NFI Group Inc. (NFI), a leading independent bus and coach manufacturer and a leader in zero-emission electric mass mobility solutions, is pleased to announce the selection of John Proven as the new President of NFI Parts and ARBOC Specialty Vehicles...
Advanced Structural Technologies, Inc. (AST) announced that the company has been awarded a contract for manufacture and supply of M1 Abrams tank aluminum road wheel inserts.
For the modern military powers of the world, strength must meet mobility...
