L3Harris Completes Sale of its ESSCO Business
November 29 2021 - 7:00AM
Business Wire
L3Harris Technologies (NYSE:LHX) has completed the sale of its
ESSCO business to Communications & Power Industries (CPI).
ESSCO was part of L3Harris’ Aviation Systems segment and
produces radomes for military and commercial use. CPI is a global
manufacturer of electronic components and subsystems focused
primarily on communications and defense markets.
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
defense and commercial technologies across space, air, land, sea
and cyber domains. L3Harris has approximately $18 billion in annual
revenue and 47,000 employees, with customers in more than 100
countries. L3Harris.com.
Forward-Looking Statements
This press release contains forward-looking statements that
reflect management's current expectations, assumptions and
estimates of future performance and economic conditions. Such
statements are made in reliance upon the safe harbor provisions of
Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. The company cautions investors
that any forward-looking statements are subject to risks and
uncertainties that may cause actual results and future trends to
differ materially from those matters expressed in or implied by
such forward-looking statements. L3Harris disclaims any intention
or obligation to update or revise any forward-looking statements,
whether as a result of new information, future events, or
otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20211129005234/en/
Rajeev Lalwani Investor Relations
Rajeev.Lalwani@L3Harris.com 321-727-9383
Jim Burke Media Relations Jim.Burke@L3Harris.com
321-727-9131
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