Announced
Financials
Tags
United States
test equipment
Machinery: Specialty
Acquisition
Domestic
Majority
Private
Pending
Friendly
Single Bidder
Synopsis
Kanders, a single-family office, agreed to acquire the antenna and test equipment businesses from L3Harris Technologies, a technology company, defense contractor, and information technology services provider, for $200m. "We are excited to announce the agreement to acquire these businesses from L3Harris and partner with existing management to launch a new platform in the defense industry. As the electronic warfare and communications space continues to evolve, we believe Fisica's product portfolio, long-standing customer relationships and stable program base position the combined businesses to grow both organically and through targeted acquisitions," Warren B. Kanders, Kanders President.
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