Business
L3Harris Completes Sale of Commercial Aviation Solutions Business to TJC for $800 Million
MELBOURNE, Fla., March 31, 2025--L3Harris Technologies (NYSE: LHX) has completed the previously announced sale of its Commercial Aviation Solutions (CAS) business to an affiliate of TJC L.P. for $800 million. The entire $800 million cash purchase price was paid to L3Harris at the closing of the transaction.
About this update from L3harris Technologies, Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":243,"url":"https://media.zenfs.com/en/business-wire.com/5fc0e46f497f1695c5e8a17381e4b344"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/xEuRsUkMvQRsdD7nhpZSdQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ4NjtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/5fc0e46f497f1695c5e8a17381e4b344","width":480,"height":243}},"lazy":false},{"type":"text","content":"MELBOURNE, Fla., March 31, 2025--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) has completed the previously announced sale of its Commercial Aviation Solutions (CAS) business to an affiliate of TJC L.P. for $800 million. The entire $800 million cash purchase price was paid to L3Harris at the closing of the transaction.","length":325,"tagName":"p"},{"type":"text","content":"CAS specializes in commercial flight training, flight data analytics, commercial avionics and other capabilities. The business was formerly part of L3Harris’ Integrated Missions Systems segment.","length":194,"tagName":"p"},{"type":"text","content":"About L3Harris Technologies","length":27,"tagName":"p"},{"type":"text","content":"L3Harris Technologies is the Trusted Disruptor in the defense industry. With customers’ mission-critical needs always in mind, our employees deliver end-to-end technology solutions connecting the space, air, land, sea and cyber domains in the interest of national security. Visit L3Harris.com for more information.","length":314,"tagName":"p"},{"type":"text","content":"View source version on businesswire.com: https://www.businesswire.com/news/home/20250331359114/en/","length":98,"tagName":"p"},{"type":"text","content":"Contacts","length":8,"tagName":"p"},{"type":"text","content":"Daniel Gittsovich Investor [email protected] 321-724-3170","length":82,"tagName":"p"},{"type":"text","content":"Sara Banda Media [email protected] 321-306-8927","length":60,"tagName":"p"}]