
The investment firm Kanders & Company last Friday said it has agreed to acquire three businesses for $200 million from L3Harris Technologies [LHX] involved in antennas and test equipment, which will be combined into a new company called Fisica, Inc. The non-core businesses L3Harris is divesting produce airborne and ground-based antennas, electromagnetic systems and simulators for applications across radar, communications, warning systems, remote sensing, and nuclear effects testing and imaging. The businesses are currently part of the L3Harris Space &…