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.
Read More »L3, Harris Target June 29 Closing Date for All-Stock Merger; Christopher Kubasik Quoted
Harris (NYSE: HRS) and L3 Technologies (NYSE: LLL) set June 29, Saturday, as the closing date for their all-stock merger deal after they secured the regulatory clearances needed to complete the transaction.
Read More »Harris, L3 Get DOJ Antitrust Clearance for Proposed Merger
The Department of Justice has given L3 Technologies (NYSE: LLL) and Harris (NYSE: HRS) an antitrust approval to advance their merger through an all-stock transaction, Reuters reported Friday.
Read More »Lockheed Lands Army Contract Modification for Helicopter Sights & Sensor System FMS
TYSONS CORNER, VA, Jan. 5, 2018 — Lockheed Martin (NYSE: LMT) will supply target acquisition and night-vision sensor kits for Egypt’s fleet of AH-64 Apache helicopters under a potential $25.2 million contract modification awarded through the U.S. Army, ExecutiveBiz reported Wednesday. The Defense Department said Dec. 29 the modification includes foreign military sales …
Read More »Harris Offers New Night-Vision Binocular for Nighttime Warfighter Operations
TYSONS CORNER, VA, Oct. 28, 2016 — Harris Corp. (NYSE: HRS) has unveiled a new night-vision technology that works to support warfighter missions in the nighttime and in low-light environments, ExecutiveBiz reported Thursday. The company said Wednesday the F5032 Lightweight Night Vision Binocular is also designed to limit eye fatigue and features …
Read More »FLIR Systems Buys Night Vision Tools Provider Armasight for $41M; Andy Teich Comments
FLIR Systems (Nasdaq: FLIR) has purchased San Francisco-based night vision and thermal imaging equipment supplier Armasight through a cash transaction valued at approximately $41 million. Andy Teich, president and CEO of FLIR, said in a statement released Tuesday the acquisition aims to expand the company’s portfolio of thermal weapon sights and scopes in support of …
Read More »DRS Lands Potential $367M Army Contract for Night-Vision, Thermal Sights Tech
DRS Technologies will provide an integrated night-vision goggle and thermal weapon sight system to the U.S. Army under a potential $367 million indefinite-delivery/indefinite-quantity contract. The company said Friday the Army awarded the contract to support the Enhanced Night Vision Goggle III and Family of Weapon Sights – Individual programs. According to DRS, the integrated technology …
Read More »BAE Systems, DRS Technologies Win Army Contracts for Night-Vision Technology
BAE Systems and DRS Technologies have been selected by the U.S. Army to develop new night-vision weapon sight technology and head-worn goggles, Military & Aerosapce reported Thursday. The Family of Weapon Sights-Individual and Enhanced Night Vision Goggle III contracts were awarded by the Army Contracting Command as a follow-on to previous ENVG contracts, John Keller writes. The FWS-I weapon …
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