WASHINGTON (dpa-AFX) - L3Harris Technologies, Inc. (LHX) announced on Friday that it has signed a definitive agreement to sell its antenna and related businesses for $200 million to an affiliate of Kanders & Co., Inc.
The businesses being divested by L3Harris consist of a range of airborne and ground-based antennas and test equipment, and are part of the Space & Airborne Systems segment, employing around 375 individuals.
The transaction is anticipated to be finalized this quarter.
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