The chief executives of Harris and L3 Technologies said today their proposed merger would bolster the company's role as a prime contractor and ensure the majority of its work is on fixed-price contracts. Speaking to analysts one day after announcing the deal, which would create a combined company with $16 billion in annual sales , Bill Brown and Chris Kubasik touted the transaction's benefits. The newly formed contractor would be the sixth-largest defense contractor in the United States, they said,...
