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Justice Department Gives Nod To Harris Acquisition Of L3

Cal Biesecker By
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Justice Department Gives Nod To Harris Acquisition Of L3
Harris Corp.'s night vision products include helmet-mounted systems for warfighters. Photo: Harris

The Department of Justice on Thursday filed a civil antitrust lawsuit to block the pending merger of Harris Corp. [HRS] and L3 Technologies [LLL], but said if Harris divests its night vision business the deal can go through as long as the civil court agrees. Harris already has agreed to sell its night vision business, announcing a $350 million deal in early April with Elbit Systems of American for its business that sells night vision goggles and other night vision…

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