L3Harris Agrees to Sell Holographic Sighting Business to American Holoptics
Tuesday, March 24, 2020 | Comments

L3Harris Technologies signed a definitive agreement under which American Holoptics will acquire it EOTech business.

With annual revenues of about $60 million, EOTech manufactures holographic sighting systems, magnified field optics and accessories for military, law enforcement and commercial markets around the world. The transaction is expected to close in mid-2020 and is conditioned on customary closing conditions.

American Holoptics is a privately held U.S. company and a subsidiary of Koucar Management, whose strategic acquisitions of Elite Defense and HEL Technologies represent optical science and weapons systems distribution.

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