Canada awards MAS CA$1.1bn support contracts

The Government of Canada has awarded MAS, an L3Harris Technologies company, two contracts with an initial combined value of approximately CA$1.1 billion to provide aircraft fleet sustainment and materiel support. The awards align with Canada’s defence priorities, including Arctic sovereignty and support for allied operations. Under a ten-year maintenance contract and a seven-year materiel contract—both […]

Canada awards MAS CA$1.1bn support contracts Read More »

AE Industrial to acquire L3Harris Space Systems stake

Financial

AE Industrial Partners has agreed to acquire a controlling interest in L3Harris’ Space Propulsion and Power Systems business, at a total enterprise value of US$845 million. The transaction is expected to close in the second half of 2026, subject to regulatory approvals and the satisfaction of customary closing conditions. L3Harris’ RS-25 rocket engine business is

AE Industrial to acquire L3Harris Space Systems stake Read More »

L3Harris corporate headquarters in Florida, U.S.

L3Harris sells CAS business for US$800 million

Financial

L3Harris Technologies has finalised an agreement for the acquisition of its Commercial Aviation Solutions (CAS) business by an affiliate of TJC L.P. (formerly known as The Jordan Company) for US$800 million. The deal comprises a US$700 million cash purchase price and a US$100 million earnout linked to specific 2023 and 2024 financial targets, reflecting a

L3Harris sells CAS business for US$800 million Read More »

Canada awards MAS CA$1.1bn support contracts

AE Industrial to acquire L3Harris Space Systems stake

L3Harris sells CAS business for US$800 million

Stay Connected

Subscribe

L3 Harris

Canada awards MAS CA$1.1bn support contracts

AE Industrial to acquire L3Harris Space Systems stake

L3Harris sells CAS business for US$800 million

Stay Connected

Subscribe