L3Harris sells CAS business for US$800 million
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 […]
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