Elbit Systems' (Nasdaq: ESLT) U.S. subsidiary has completed its purchase of a night vision business from L3Harris Technologies (NYSE: LHX) for approximately $350M in cash. First announced in April, the divestment was a regulatory requirement associated with the merger between L3 Technologies and Harris.

L3Harris Technologies (NYSE: LHX) has won a potential five-year, $249M contract to produce Squad Binocular Night Vision Goggles for the U.S. Marine Corps. Six offers were submitted for the indefinite-delivery/indefinite-quantity contract.

Acorn Growth Companies has appointed 38-year aerospace and defense industry veteran Rick Schmidt as president of the investment firm's new portfolio business, Black Sage Technologies.

A new report by consulting firm McAleese & Associates says L3Harris Technologies (NYSE: LHX) issued its full year 2019 pro forma guidance, posting a 10 percent sales increase at $18B and a sector operating margin of 16 percent.

Three of the nine companies holding positions on the General Services Administration’s potential 15-year, $50B contract vehicle  for telecommunication services could obtain “authority to operate” certifications by the end of the third quarter, FCW reported Friday.

Thomas DeFrank, formerly chief financial officer and vice president of finance at L3 Technologies, has joined Ensco as CFO. He succeeds Mike Bogdanovic, who will serve as director of Ensco's retirement plan and special projects on a part-time basis, the company said Monday.

Thomas Casale, former president of L3 Technologies' radome manufacturing business, has joined Cobham as vice president and general manager of communications, navigation and identification and interconnect solutions unit. He will lead the business area that operates within Cobham's advanced electronic solutions sector and brings 30 years of radiofrequency and microwave industry experience to his new role, the company said Monday.

L3Harris Technologies (NYSE: LHX) has received a contract to develop a prototype of wideband airborne high-frequency radio technology for the U.S. Air Force. USAF selected the L3Harris Falcon offering for an industry competition that seeks a replacement for the service branch's AN/ARC-190 radio, the company said Wednesday.

L3Harris Technologies (NYSE: LHX), the new company formed by the merger of defense contractors Harris and L3 Technologies, has organized its operations into four business segments with the goal to help government and commercial customers address mission requirements. Melbourne, Fla.-based L3Harris said Monday it expects to generate $17B in annual revenue through its operating businesses that will offer a range of technology platforms in the air, sea, land, space and cyber areas.

Jesus “Jay” Malave, a more than 20-year United Technologies Corp. (NYSE: UTC) veteran, has joined L3Harris Technologies (NYSE: LHX) as senior vice president and chief financial officer.