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Harris To Sell Night Vision Business To Elbit, Moving A Step Closer To Completing L3 Deal

Cal Biesecker By
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Harris To Sell Night Vision Business To Elbit, Moving A Step Closer To Completing L3 Deal
Harris Corp.'s night vision products include helmet-mounted systems for warfighters. Photo: Harris

Elbit Systems of America has agreed to acquire the night vision business of Harris Corp. [HRS] for $350 million in cash, a deal that expands Elbit’s night vision offerings and marks a key milestone toward Harris’ pending acquisition of L3 Technologies [LLL], the companies said on April 5. Harris said in January that it was exploring the sale of its night vision business to help get U.S. regulators to approve the company’s acquisition of L3, which also develops and sells…

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