L3 CEO: Merger deal with Harris still awaiting approval from EU, Turkey and DOJ

By Marjorie Censer / June 6, 2019 at 3:23 PM

The planned merger between Harris and L3 Technologies still requires approvals from the European Union, Turkey and the Justice Department, Chris Kubasik, L3's chief executive, said today.

Speaking at a media lunch at the company's Arlington, VA, office, Kubasik did not provide an estimate for when the approvals will arrive, but said the expected mid-year deal closing remains on track.

"We're being responsive and don't foresee any significant issues," he said.

Kubasik noted that around the time the merger closes, the companies will also announce the new board of directors and the management team.