TJC to acquire L3Harris' Commercial Aviation Solutions for $700M
An affiliate of TJC, L.P. entered a definitive agreement to acquire L3Harris Technologies' Commercial Aviation Solutions business for $700 million, plus up to $100 million contingent earnout. The transaction is expected to close in the first half of 2024.
Productsavionics productsaircraft training solutions
“L3Harris’ CAS business is a global leader with a long history of providing highly engineered products at the intersection of data, communications and safety.”airframer.com
- 4 sources
- airframer.comTJC agrees to acquire L3Harris’ Commercial Aviation Solutions business | Press release | Airframer | AirframerNov 27, 2023
- reuters.comL3Harris to sell its commercial aviation solutions business for $800 mln | ReutersNov 27, 2023
- flightplan.forecastinternational.comL3Harris to Sell Commercial Aviation Solutions Unit to TJC for $800 Million - Flight PlanRichard PettiboneNov 27, 2023
- l3harris.comL3Harris Technologies Announces Definitive Agreement to Sell its Commercial Aviation Solutions Business to TJC for $800 Million | L3Harris® Fast. Forward.CH Corporate HeadquartersNov 27, 2023
Summarized from public sources; check the original articles before acting on it.
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