# CAE receives regulatory approvals for acquisition of L3Harris Military Training division

CAE has obtained all regulatory approvals for its previously announced acquisition of L3Harris Technologies' Military Training division for USD 1.05 billion. The closing is expected on July 2, 2021.

- Type: Acquisition
- Announced: 2021-06-28
- Where: United States
- Value: $1.05B
- Status: announced
- Products: military training and simulation
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [CAE](https://endata.com/companies/15741.md) (acquirer)
- [L3Harris Technologies](https://endata.com/companies/40361.md) (target)

## Sources

- [newswire.ca](https://www.newswire.ca/news-releases/cae-obtient-les-approbations-reglementaires-relatives-a-l-acquisition-de-la-division-formation-militaire-de-l3harris-technologies-804876465.html), 2021-06-28: "CAE a annoncé aujourd'hui qu'elle avait obtenu toutes les approbations réglementaires requises relativement à l'acquisition annoncée précédemment de la division Formation militaire de L3Harris Technologies pour 1,05 G $US."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.