L3Harris Completes Sale of Commercial Aviation Solutions Business to TJC for $800 Million
L3Harris Technologies (NYSE: LHX) has successfully completed the sale of its Commercial Aviation Solutions (CAS) business to an affiliate of TJC L.P. for $800 million in an all-cash transaction. The CAS business, previously part of L3Harris' Integrated Missions Systems segment, focuses on commercial flight training, flight data analytics, commercial avionics, and related capabilities.
L3Harris Technologies (NYSE: LHX) ha completato con successo la vendita della sua attività di Commercial Aviation Solutions (CAS) a un affiliato di TJC L.P. per 800 milioni di dollari in un'operazione interamente in contante. L'attività CAS, precedentemente parte del segmento Integrated Missions Systems di L3Harris, si concentra sulla formazione al volo commerciale, sull'analisi dei dati di volo, sull'avionica commerciale e su capacità correlate.
L3Harris Technologies (NYSE: LHX) ha completado con éxito la venta de su negocio de Commercial Aviation Solutions (CAS) a una afiliada de TJC L.P. por 800 millones de dólares en una transacción completamente en efectivo. El negocio de CAS, que anteriormente formaba parte del segmento Integrated Missions Systems de L3Harris, se centra en la formación de pilotos comerciales, el análisis de datos de vuelo, la avionica comercial y capacidades relacionadas.
L3Harris Technologies (NYSE: LHX)는 TJC L.P.의 계열사에 Commercial Aviation Solutions (CAS) 사업을 현금 거래로 8억 달러에 성공적으로 매각했습니다. CAS 사업은 이전에 L3Harris의 통합 미션 시스템 부문에 속했으며, 상업 비행 훈련, 비행 데이터 분석, 상업 항공 전자기기 및 관련 기능에 중점을 두고 있습니다.
L3Harris Technologies (NYSE: LHX) a réussi à finaliser la vente de son activité Commercial Aviation Solutions (CAS) à une filiale de TJC L.P. pour un montant de 800 millions de dollars dans le cadre d'une transaction entièrement en espèces. L'activité CAS, qui faisait auparavant partie du segment Integrated Missions Systems de L3Harris, se concentre sur la formation au vol commercial, l'analyse des données de vol, l'avionique commerciale et des capacités connexes.
L3Harris Technologies (NYSE: LHX) hat erfolgreich den Verkauf seines Geschäftsbereichs Commercial Aviation Solutions (CAS) an eine Tochtergesellschaft von TJC L.P. für 800 Millionen Dollar in einer reinen Bartransaktion abgeschlossen. Das CAS-Geschäft, das zuvor Teil des Segments Integrated Missions Systems von L3Harris war, konzentriert sich auf die kommerzielle Flugausbildung, die Analyse von Flugdaten, die kommerzielle Avionik und verwandte Fähigkeiten.
- Received $800 million in immediate cash proceeds from the sale
- Strategic divestiture streamlines business portfolio
- Loss of revenue stream from Commercial Aviation Solutions business
- Reduction in business diversification
CAS specializes in commercial flight training, flight data analytics, commercial avionics and other capabilities. The business was formerly part of L3Harris’ Integrated Missions Systems segment.
About L3Harris Technologies
L3Harris Technologies is the Trusted Disruptor in the defense industry. With customers’ mission-critical needs always in mind, our employees deliver end-to-end technology solutions connecting the space, air, land, sea and cyber domains in the interest of national security. Visit L3Harris.com for more information.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250331359114/en/
Daniel Gittsovich
Investor Relations
InvestorRelations@L3Harris.com
321-724-3170
Sara Banda
Media Relations
Media@L3Harris.com
321-306-8927
Source: L3Harris Technologies
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