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Regulators Bless L3Harris Deal For ViaSat’s Data Link Line, Moving Up Closure

Regulators Bless L3Harris Deal For ViaSat’s Data Link Line, Moving Up Closure
Viasat Link 16 network visualization. Photo: Viasat

L3Harris Technologies [LHX] on Tuesday said it has received all U.S. and international regulatory approvals for its pending acquisition of the tactical data link product line from ViaSat [VSAT], with the deal now expected to close by Jan. 3, 2023, months earlier than expected. When L3Harris announced it would acquire the Link 16 network in October for nearly $2 billion, it said the deal was expected to close in the first half of 2023. “We are in position to close…

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