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Business/Financial

J.F. Lehman Acquires L3Harris’ Narda-MITEQ Unit

By Cal Biesecker

Tuesday, December 7th, 2021

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J.F. Lehman Acquires L3Harris’ Narda-MITEQ Unit

Narda-MITEQ's headquarters in Hauppauge, N.Y. Photo: Narda-MITEQ

The private equity firm J.F. Lehman & Company on Tuesday said it has acquired the Narda-MITEQ electronics business unit from L3Harris Technologies [LHX], which is nearing the end of a portfolio reshaping effort to shed non-core businesses. Terms of the deal were not disclosed. Narda-MITEQ has about 400 employees across three facilities in New York, Germany and Italy. The former L3Technologies acquired the business unit in 2015. Narda-MITEQ designs and manufactures custom radio frequency and microwave subsystems and components used…

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