L3harris Technologies, Inc. · NYSE:LHX
L3harris Technologies — Merger or Acquisition (October 2022)
6 slides from L3harris Technologies's merger presentation, Oct 3, 2022
Slide 1: L3Harris to Acquire Viasat Tactical Data Links Product Line
L3Harris to Acquire Viasat Tactical Data Links Product Line October 3, 2022 L3Harris Proprietary
Slide 2: Forward-looking statements
Forward-looking statements Statements in this presentation that are not historical facts are forward-looking statements that reflect management's current expectations, assumptions, and estimates of future performance and economic conditions. Such statements are made in reliance on the safe harbor pr
Slide 3: Transaction highlights
Transaction highlights • Purchase price of $1.96B, subject to customary adjustments • Transaction structured as an asset purchase, resulting in ~$500M in gross tax benefits with a NPV of Transaction ~$350M Structure • LTM adjusted EBITDA(1) multiple of ~14x, net of tax asset and with run rate cost s
Slide 4: Acquisition summary
Acquisition summary Link 16 Networking • Acquisition aligns with Trusted Disruptor strategy to provide customers innovative solutions and more alternatives • Enhances L3Harris’ networking capabilities and better positions it for JADC2 • Adds Link 16, a ubiquitous tactical data link to portfolio and
Slide 5: Tactical Data Links product line overview
Tactical Data Links product line overview Summary Key Products • TDL product line provides U.S. and allied military customers with Link 16 enabled terminals Line-of-sight Link 16 communication for larger platforms • Terminal offerings include the Multifunctional MIDS-LVT Information Distribution Sys
Slide 6: Aligns with L3Harris Trusted Disruptor strategy
Aligns with L3Harris Trusted Disruptor strategy • Combined with world class technologies at L3Harris, acquisition enhances communications and networking capabilities • Company will utilize scale and scope to expand datalink technology and integrate operations in support of JADC2 • Expands commercial
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