-

L3Harris Completes Link 16 Acquisition

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) today announced closing its acquisition of Viasat Inc.’s (NASDAQ: VSAT) Tactical Data Links product line – commonly known as Link 16 – for approximately $1.96 billion, subject to customary adjustments.

The company announced the signing of a definitive agreement to acquire the TDL network in October 2022 and secured U.S. and allied partner regulatory approvals in December.

About L3Harris Technologies

L3Harris Technologies is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers’ mission-critical needs. The company provides advanced technologies across space, air, land, sea and cyber domains.

Contacts

Paul Swiergosz
Corporate
Paul.Swiergosz@L3Harris.com
321-378-5631

L3Harris Technologies

NYSE:LHX
Details
Headquarters: Melbourne, Florida
CEO: Christopher Kubasik
Employees: ~47,000
Organization: PUB
Revenues: $21 billion (2024)

Release Summary
L3Harris Completes Link 16 Acquisition from Viasat
Release Versions

Contacts

Paul Swiergosz
Corporate
Paul.Swiergosz@L3Harris.com
321-378-5631

Social Media Profiles
More News From L3Harris Technologies

L3Harris Appoints Sam Mehta President, Space & Mission Systems and Communications & Spectrum Dominance Segments

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) today announced an update to the leadership structure supporting its three reportable business segments, reinforcing the company’s continued focus on execution, operational performance, and customer mission. Effective immediately, Sam Mehta has been appointed President overseeing both the Space & Mission Systems and Communications & Spectrum Dominance segments. The company expects to continue reporting financial results...

L3Harris Appoints Ken Sharp Senior Vice President and Chief Financial Officer, Ken Bedingfield President of Missile Solutions

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) today announced the appointment of Kenneth (Ken) Sharp as Senior Vice President and Chief Financial Officer (CFO), effective March 16. Kenneth (Ken) Bedingfield will focus exclusively on leading the Missile Solutions segment and rapidly scaling solid rocket motor manufacturing to meet the nation’s urgent missile demand. He will also be responsible for the eventual initial public offering of Missile Solutions. Sharp, 55, brings...

Secretary of War Pete Hegseth Visits L3Harris Solid Rocket Motor Site

CAMDEN, Ark.--(BUSINESS WIRE)--Secretary of War Pete Hegseth visited the L3Harris Technologies (NYSE: LHX) Camden site today as part of his nationwide “Arsenal of Freedom” tour, highlighting the importance of American manufacturing capacity in strengthening the defense industrial base and supporting U.S. and allied warfighters. Secretary Hegseth toured several of the site’s solid rocket motor production facilities and spoke with the 1,500 employees who design, build and deliver propulsion syste...
Back to Newsroom