{"id":740479,"date":"2023-03-15T16:36:44","date_gmt":"2023-03-15T20:36:44","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/l3harris-statement-on-second-request-from-federal-trade-commission\/"},"modified":"2023-03-15T16:36:44","modified_gmt":"2023-03-15T20:36:44","slug":"l3harris-statement-on-second-request-from-federal-trade-commission","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/l3harris-statement-on-second-request-from-federal-trade-commission\/","title":{"rendered":"L3Harris Statement on Second Request from Federal Trade Commission"},"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 Statement on Second Request from Federal Trade Commission<\/b><\/p>\n<p class=\"bwalignc\">\n\u00a0\n<\/p>\n<p>MELBOURNE, Fla.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nL3Harris Technologies (NYSE: LHX) received a request for additional information (\u201csecond request\u201d) from the Federal Trade Commission (FTC) as part of the regulatory review process for the acquisition of Aerojet Rocketdyne (NYSE: AJRD).\n<\/p>\n<p>\nThe second request extends the waiting period imposed by the Hart-Scott-Rodino Act until 30 days after L3Harris and Aerojet Rocketdyne have substantially complied with the request, or the waiting period is terminated sooner by the FTC. The transaction is expected to close in 2023, subject to approval by Aerojet Rocketdyne\u2019s shareholders tomorrow and other customary closing conditions.\n<\/p>\n<p><b>About L3Harris Technologies<\/b><\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.l3harris.com%2F&amp;esheet=53362849&amp;newsitemid=20230315005874&amp;lan=en-US&amp;anchor=L3Harris+Technologies&amp;index=1&amp;md5=7d59f439f1d0339e1e899be11595c636\">L3Harris Technologies<\/a> is a Trusted Disruptor for the global aerospace and defense industry. With customers\u2019 mission-critical needs always in mind, our 46,000 employees deliver end-to-end technology solutions connecting the space, air, land, sea and cyber domains.\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. Such statements are made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The company cautions investors that any forward-looking statements are subject to risks and uncertainties that may cause actual results or outcomes to differ materially from those matters expressed in or implied by such forward-looking statements. Statements about closing timing and Aerojet Rocketdyne\u2019s shareholder approval are forward-looking and involve risks and uncertainties. Important risk factors that could cause actual results or outcomes to differ from those expressed in the forward-looking statements are described in the \u201cRisk Factors\u201d sections of the company\u2019s Annual Report on Form 10-K for the year ended December 30, 2022. The forward-looking statements speak only as of the date of this press release, and L3Harris 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=20230315005874r1&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\/20230315005874\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230315005874\/en\/<\/a><\/span><\/p>\n<p><b>Paul Swiergosz<br \/>\n<\/b><br \/>L3Harris Corporate<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Paul.Swiergosz@L3Harris.com\">Paul.Swiergosz@L3Harris.com<br \/>\n<\/a><br \/>321-378-5631\n<\/p>\n<p><b>KEYWORDS:<\/b> Florida United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Other Manufacturing Technology Other Defense Contracts Security Other Technology Aerospace Software Manufacturing Defense<\/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\/20230315005874\/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 Statement on Second Request from Federal Trade Commission \u00a0 MELBOURNE, Fla.&#8211;(BUSINESS WIRE)&#8211; L3Harris Technologies (NYSE: LHX) received a request for additional information (\u201csecond request\u201d) from the Federal Trade Commission (FTC) as part of the regulatory review process for the acquisition of Aerojet Rocketdyne (NYSE: AJRD). The second request extends the waiting period imposed by the Hart-Scott-Rodino Act until 30 days after L3Harris and Aerojet Rocketdyne have substantially complied with the request, or the waiting period is terminated sooner by the FTC. The transaction is expected to close in 2023, subject to approval by Aerojet Rocketdyne\u2019s shareholders tomorrow and other customary closing conditions. About L3Harris Technologies L3Harris Technologies is a Trusted Disruptor for the global aerospace and defense industry. With &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/l3harris-statement-on-second-request-from-federal-trade-commission\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;L3Harris Statement on Second Request from Federal Trade Commission&#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-740479","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>L3Harris Statement on Second Request from Federal Trade Commission - 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-statement-on-second-request-from-federal-trade-commission\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"L3Harris Statement on Second Request from Federal Trade Commission - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"L3Harris Statement on Second Request from Federal Trade Commission \u00a0 MELBOURNE, Fla.&#8211;(BUSINESS WIRE)&#8211; L3Harris Technologies (NYSE: LHX) received a request for additional information (\u201csecond request\u201d) from the Federal Trade Commission (FTC) as part of the regulatory review process for the acquisition of Aerojet Rocketdyne (NYSE: AJRD). The second request extends the waiting period imposed by the Hart-Scott-Rodino Act until 30 days after L3Harris and Aerojet Rocketdyne have substantially complied with the request, or the waiting period is terminated sooner by the FTC. The transaction is expected to close in 2023, subject to approval by Aerojet Rocketdyne\u2019s shareholders tomorrow and other customary closing conditions. About L3Harris Technologies L3Harris Technologies is a Trusted Disruptor for the global aerospace and defense industry. 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