L3Harris Completes Sale of Harris Night Vision Business to Elbit Systems
Monday, September 16, 2019 | Comments

L3Harris Technologies completed the previously announced sale of the Harris Night Vision business to Elbit Systems of America for $350 million in cash.

Proceeds from the transaction will be used to pre-fund the L3Harris pension.

L3Harris divested the business as part of the regulatory process relating to the merger of Harris Corporation and L3 Technologies in June. L3Harris retained the legacy L3 Warrior Mission Solutions business that develops and manufactures fully qualified, advanced night vision and electro-optical systems and components for the U.S military, law enforcement, first responder agencies and allied nations across the globe.

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