{"id":446577,"date":"2021-03-01T06:03:25","date_gmt":"2021-03-01T11:03:25","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=446577"},"modified":"2021-03-01T06:03:25","modified_gmt":"2021-03-01T11:03:25","slug":"l3harris-technologies-signs-definitive-agreements-to-sell-its-military-training-and-combat-propulsion-systems-businesses-for-1-45-billion","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/l3harris-technologies-signs-definitive-agreements-to-sell-its-military-training-and-combat-propulsion-systems-businesses-for-1-45-billion\/","title":{"rendered":"L3Harris Technologies Signs Definitive Agreements to Sell Its Military Training and Combat Propulsion Systems Businesses for $1.45 Billion"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>L3Harris Technologies Signs Definitive Agreements to Sell Its Military Training and Combat Propulsion Systems Businesses for $1.45 Billion<\/b><\/p>\n<p>MELBOURNE, Fla.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nL3Harris Technologies (NYSE:LHX) has signed definitive agreements to sell its Military Training business to CAE and its Combat Propulsion Systems and related businesses to RENK AG for a combined $1.45 billion. Each transaction is subject to customary closing conditions, including receipt of regulatory approvals, and is expected to close in the second half of 2021.\n<\/p>\n<p>\nUnder the first agreement, CAE (NYSE:CAE; TSX:CAE) will acquire L3Harris\u2019 Military Training business for $1.05 billion in cash. With annual revenue of approximately $500 million, the Military Training business provides a wide range of training systems, simulations and related services to U.S. and international military customers.\n<\/p>\n<p>\nUnder the second agreement, RENK AG will acquire L3Harris\u2019 Combat Propulsion Systems and related businesses for about $400 million in cash. With annual revenue of approximately $230 million, the Combat Propulsion Systems business manufactures military engines and transmissions.\n<\/p>\n<p>\n\u201cWith today\u2019s announcement, we have now completed or announced divestitures of businesses with a combined $1.4 billion of revenue for $2.5 billion in expected proceeds, and our portfolio shaping process is ongoing,\u201d said William M. Brown, Chairman and CEO, L3Harris. \u201cThese agreements place our Military Training and Combat Propulsion Systems and related businesses with well-suited buyers, while positioning L3Harris to further focus on its core technologies and execute its strategic priorities.\u201d\n<\/p>\n<p>\nProceeds from the divestitures are expected to be used for share repurchases.\n<\/p>\n<p><b>About CAE <\/b><\/p>\n<p>\nCAE is a high technology company, at the leading edge of digital immersion, providing solutions to make the world a safer place. Backed by a record of more than 70 years of industry firsts, CAE continues to reimagine the customer experience and revolutionize training and operational support solutions in civil aviation, defence and security, and healthcare. The company is the partner of choice to customers worldwide who operate in complex, high-stakes and largely regulated environments, where successful outcomes are critical. Testament to its customers\u2019 ongoing needs for its solutions, over 60 percent of CAE\u2019s revenue is recurring in nature. CAE has the broadest global presence in its industry, with approximately 10,000 employees, 160 sites and training locations in over 35 countries. <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.cae.com&amp;esheet=52388035&amp;newsitemid=20210301005408&amp;lan=en-US&amp;anchor=www.cae.com&amp;index=1&amp;md5=3742a9a32020d2ccd71e6048abb66adf\">www.cae.com<\/a>.\n<\/p>\n<p><b>About RENK AG <\/b><\/p>\n<p>\nHeadquartered in Augsburg, Germany, RENK AG is a globally leading manufacturer of high-quality gear units, automatic transmissions, slide bearings, suspension systems, couplings and test systems. It serves a diverse range of end-markets with a particular focus on armored vehicles, defense and civil marine, energy production, plastics, oil &amp; gas and others. With over 2,600 employees, RENK AG generated EUR 559 million of revenues in 2019. <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.renk-ag.com&amp;esheet=52388035&amp;newsitemid=20210301005408&amp;lan=en-US&amp;anchor=www.renk-ag.com&amp;index=2&amp;md5=f9dfb94e8f2a3532218055cad07ed4e1\">www.renk-ag.com<\/a>.\n<\/p>\n<p><b>About L3Harris Technologies <\/b><\/p>\n<p>\nL3Harris Technologies is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers\u2019 mission-critical needs. The company provides advanced defense and commercial technologies across air, land, sea, space and cyber domains. L3Harris has approximately $18 billion in annual revenue and 48,000 employees, with customers in more than 100 countries. <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.l3harris.com%2F&amp;esheet=52388035&amp;newsitemid=20210301005408&amp;lan=en-US&amp;anchor=L3Harris.com&amp;index=3&amp;md5=44815eabf39ba64b29ab7945325645d9\">L3Harris.com<\/a>.\n<\/p>\n<p><b>Advisors<\/b><\/p>\n<p>\nMorgan Stanley &amp; Co. LLC is acting as financial advisor and Sullivan &amp; Cromwell LLP is serving as legal counsel on the Military Training transaction for L3Harris. Moelis &amp; Company LLC is serving as financial advisor and Simpson Thacher &amp; Bartlett LLP as legal counsel for the Combat Propulsion Systems and related businesses transaction.\n<\/p>\n<p><b>Forward-looking Statements<\/b><\/p>\n<p>\nThis press release contains forward-looking statements that reflect management&#8217;s current expectations, assumptions and estimates of future performance and economic conditions. Such statements are made in reliance on the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements in this press release include but are not limited to anticipated timing of the closing of the transactions and the anticipated use of proceeds. The company cautions investors that any forward-looking statements are subject to risks and uncertainties (many of which are difficult to predict and generally beyond the company\u2019s control) that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements. The following factors, among others, could cause actual results to differ materially from the forward-looking statements or historical performance: delays in, or failures in respect of, anticipated satisfaction of closing conditions or the ability to obtain regulatory approvals and satisfy other closing conditions in a timely manner or at all, and other potential uses of proceeds. The forward-looking statements speak only as of the date of this press release, and the company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210301005408r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210301005408\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210301005408\/en\/<\/a><\/span><\/p>\n<p><b>Rajeev Lalwani<br \/>\n<\/b><br \/>Investor Relations<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Rajeev.Lalwani@L3Harris.com\">Rajeev.Lalwani@L3Harris.com<br \/>\n<\/a><br \/>321-727-9383\n<\/p>\n<p><b>Jim Burke<br \/>\n<\/b><br \/>Media Relations<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Jim.Burke@L3Harris.com\">Jim.Burke@L3Harris.com<br \/>\n<\/a><br \/>321-727-9131\n<\/p>\n<p><b>KEYWORDS:<\/b> Florida United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Software Defense Hardware Contracts Engineering Technology Aerospace Manufacturing<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210301005408\/en\/743699\/3\/L3Harris.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>L3Harris Technologies Signs Definitive Agreements to Sell Its Military Training and Combat Propulsion Systems Businesses for $1.45 Billion MELBOURNE, Fla.&#8211;(BUSINESS WIRE)&#8211; L3Harris Technologies (NYSE:LHX) has signed definitive agreements to sell its Military Training business to CAE and its Combat Propulsion Systems and related businesses to RENK AG for a combined $1.45 billion. Each transaction is subject to customary closing conditions, including receipt of regulatory approvals, and is expected to close in the second half of 2021. Under the first agreement, CAE (NYSE:CAE; TSX:CAE) will acquire L3Harris\u2019 Military Training business for $1.05 billion in cash. With annual revenue of approximately $500 million, the Military Training business provides a wide range of training systems, simulations and related services to U.S. and international &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/l3harris-technologies-signs-definitive-agreements-to-sell-its-military-training-and-combat-propulsion-systems-businesses-for-1-45-billion\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;L3Harris Technologies Signs Definitive Agreements to Sell Its Military Training and Combat Propulsion Systems Businesses for $1.45 Billion&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-446577","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>L3Harris Technologies Signs Definitive Agreements to Sell Its Military Training and Combat Propulsion Systems Businesses for $1.45 Billion - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/l3harris-technologies-signs-definitive-agreements-to-sell-its-military-training-and-combat-propulsion-systems-businesses-for-1-45-billion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"L3Harris Technologies Signs Definitive Agreements to Sell Its Military Training and Combat Propulsion Systems Businesses for $1.45 Billion - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"L3Harris Technologies Signs Definitive Agreements to Sell Its Military Training and Combat Propulsion Systems Businesses for $1.45 Billion MELBOURNE, Fla.&#8211;(BUSINESS WIRE)&#8211; L3Harris Technologies (NYSE:LHX) has signed definitive agreements to sell its Military Training business to CAE and its Combat Propulsion Systems and related businesses to RENK AG for a combined $1.45 billion. Each transaction is subject to customary closing conditions, including receipt of regulatory approvals, and is expected to close in the second half of 2021. Under the first agreement, CAE (NYSE:CAE; TSX:CAE) will acquire L3Harris\u2019 Military Training business for $1.05 billion in cash. With annual revenue of approximately $500 million, the Military Training business provides a wide range of training systems, simulations and related services to U.S. and international &hellip; Continue reading &quot;L3Harris Technologies Signs Definitive Agreements to Sell Its Military Training and Combat Propulsion Systems Businesses for $1.45 Billion&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/l3harris-technologies-signs-definitive-agreements-to-sell-its-military-training-and-combat-propulsion-systems-businesses-for-1-45-billion\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-01T11:03:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210301005408r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/l3harris-technologies-signs-definitive-agreements-to-sell-its-military-training-and-combat-propulsion-systems-businesses-for-1-45-billion\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/l3harris-technologies-signs-definitive-agreements-to-sell-its-military-training-and-combat-propulsion-systems-businesses-for-1-45-billion\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"L3Harris Technologies Signs Definitive Agreements to Sell Its Military Training and Combat Propulsion Systems Businesses for $1.45 Billion\",\"datePublished\":\"2021-03-01T11:03:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/l3harris-technologies-signs-definitive-agreements-to-sell-its-military-training-and-combat-propulsion-systems-businesses-for-1-45-billion\\\/\"},\"wordCount\":845,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/l3harris-technologies-signs-definitive-agreements-to-sell-its-military-training-and-combat-propulsion-systems-businesses-for-1-45-billion\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210301005408r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/l3harris-technologies-signs-definitive-agreements-to-sell-its-military-training-and-combat-propulsion-systems-businesses-for-1-45-billion\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/l3harris-technologies-signs-definitive-agreements-to-sell-its-military-training-and-combat-propulsion-systems-businesses-for-1-45-billion\\\/\",\"name\":\"L3Harris Technologies Signs Definitive Agreements to Sell Its Military Training and Combat Propulsion Systems Businesses for $1.45 Billion - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/l3harris-technologies-signs-definitive-agreements-to-sell-its-military-training-and-combat-propulsion-systems-businesses-for-1-45-billion\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/l3harris-technologies-signs-definitive-agreements-to-sell-its-military-training-and-combat-propulsion-systems-businesses-for-1-45-billion\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210301005408r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"datePublished\":\"2021-03-01T11:03:25+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/l3harris-technologies-signs-definitive-agreements-to-sell-its-military-training-and-combat-propulsion-systems-businesses-for-1-45-billion\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/l3harris-technologies-signs-definitive-agreements-to-sell-its-military-training-and-combat-propulsion-systems-businesses-for-1-45-billion\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/l3harris-technologies-signs-definitive-agreements-to-sell-its-military-training-and-combat-propulsion-systems-businesses-for-1-45-billion\\\/#primaryimage\",\"url\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210301005408r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"contentUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210301005408r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/l3harris-technologies-signs-definitive-agreements-to-sell-its-military-training-and-combat-propulsion-systems-businesses-for-1-45-billion\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"L3Harris Technologies Signs Definitive Agreements to Sell Its Military Training and Combat Propulsion Systems Businesses for $1.45 Billion\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"L3Harris Technologies Signs Definitive Agreements to Sell Its Military Training and Combat Propulsion Systems Businesses for $1.45 Billion - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/l3harris-technologies-signs-definitive-agreements-to-sell-its-military-training-and-combat-propulsion-systems-businesses-for-1-45-billion\/","og_locale":"en_US","og_type":"article","og_title":"L3Harris Technologies Signs Definitive Agreements to Sell Its Military Training and Combat Propulsion Systems Businesses for $1.45 Billion - Market Newsdesk","og_description":"L3Harris Technologies Signs Definitive Agreements to Sell Its Military Training and Combat Propulsion Systems Businesses for $1.45 Billion MELBOURNE, Fla.&#8211;(BUSINESS WIRE)&#8211; L3Harris Technologies (NYSE:LHX) has signed definitive agreements to sell its Military Training business to CAE and its Combat Propulsion Systems and related businesses to RENK AG for a combined $1.45 billion. Each transaction is subject to customary closing conditions, including receipt of regulatory approvals, and is expected to close in the second half of 2021. Under the first agreement, CAE (NYSE:CAE; TSX:CAE) will acquire L3Harris\u2019 Military Training business for $1.05 billion in cash. With annual revenue of approximately $500 million, the Military Training business provides a wide range of training systems, simulations and related services to U.S. and international &hellip; Continue reading \"L3Harris Technologies Signs Definitive Agreements to Sell Its Military Training and Combat Propulsion Systems Businesses for $1.45 Billion\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/l3harris-technologies-signs-definitive-agreements-to-sell-its-military-training-and-combat-propulsion-systems-businesses-for-1-45-billion\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-01T11:03:25+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210301005408r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/l3harris-technologies-signs-definitive-agreements-to-sell-its-military-training-and-combat-propulsion-systems-businesses-for-1-45-billion\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/l3harris-technologies-signs-definitive-agreements-to-sell-its-military-training-and-combat-propulsion-systems-businesses-for-1-45-billion\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"L3Harris Technologies Signs Definitive Agreements to Sell Its Military Training and Combat Propulsion Systems Businesses for $1.45 Billion","datePublished":"2021-03-01T11:03:25+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/l3harris-technologies-signs-definitive-agreements-to-sell-its-military-training-and-combat-propulsion-systems-businesses-for-1-45-billion\/"},"wordCount":845,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/l3harris-technologies-signs-definitive-agreements-to-sell-its-military-training-and-combat-propulsion-systems-businesses-for-1-45-billion\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210301005408r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/l3harris-technologies-signs-definitive-agreements-to-sell-its-military-training-and-combat-propulsion-systems-businesses-for-1-45-billion\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/l3harris-technologies-signs-definitive-agreements-to-sell-its-military-training-and-combat-propulsion-systems-businesses-for-1-45-billion\/","name":"L3Harris Technologies Signs Definitive Agreements to Sell Its Military Training and Combat Propulsion Systems Businesses for $1.45 Billion - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/l3harris-technologies-signs-definitive-agreements-to-sell-its-military-training-and-combat-propulsion-systems-businesses-for-1-45-billion\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/l3harris-technologies-signs-definitive-agreements-to-sell-its-military-training-and-combat-propulsion-systems-businesses-for-1-45-billion\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210301005408r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","datePublished":"2021-03-01T11:03:25+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/l3harris-technologies-signs-definitive-agreements-to-sell-its-military-training-and-combat-propulsion-systems-businesses-for-1-45-billion\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/l3harris-technologies-signs-definitive-agreements-to-sell-its-military-training-and-combat-propulsion-systems-businesses-for-1-45-billion\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/l3harris-technologies-signs-definitive-agreements-to-sell-its-military-training-and-combat-propulsion-systems-businesses-for-1-45-billion\/#primaryimage","url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210301005408r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","contentUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210301005408r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/l3harris-technologies-signs-definitive-agreements-to-sell-its-military-training-and-combat-propulsion-systems-businesses-for-1-45-billion\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"L3Harris Technologies Signs Definitive Agreements to Sell Its Military Training and Combat Propulsion Systems Businesses for $1.45 Billion"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/446577","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=446577"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/446577\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=446577"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=446577"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=446577"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}