L3Harris agrees to sell applied kilovolts and analytical instrumentation business

By Marjorie Censer / February 27, 2020 at 2:00 PM

L3Harris Technologies has agreed to sell its applied kilovolts and analytical instrumentation business, according to buyer Adaptas Solutions.

In an announcement this week, Adaptas said the deal would bolster its manufacturing and engineering resources.

The company did not disclose the terms of the deal, which is slated to close in mid-2020.

L3Harris declined to comment.

Earlier this month, Leidos and L3Harris announced Leidos has agreed to purchase L3Harris' airport security businesses for $1 billion.

Bill Brown, L3Harris' chief executive, said at the time the company's "portfolio reshaping is ongoing." Ultimately, he said, L3Harris could divest 8% to 10% of total company sales.

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