L3Harris Technologies Completes Sale of Airport Security and
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L3Harris Technologies Completes Sale of Airport Security and Automation Business to Leidos for $1 Bn

L3Harris Technologies (NYSE:LHX) today completed the previously announced sale of its airport security and automation business to Leidos (NYSE:LDOS) for $1 billion.

With annual revenues of approximately $500 million, L3Harris’ Security & Detection Systems and MacDonald Humfrey Automation solutions are used by the aviation and transportation industries, regulatory and customs authorities, government and law enforcement agencies, and commercial and other high-security facilities.

Airport Security - Market and Technology Forecast to 2030

Airport Security - Market and Technology Forecast to 2030

Market forecasts by Region, Technology, System, Service and by End-Users. Market and Technologies Overview, Events based Forecast, Opportunity Analysis, and Leading Companies

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Publishdate:
May 4, 2020