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L3Harris Agrees to Buy Part of Viasat’s Government-Systems Unit

Freddie Green by Freddie Green
October 3, 2022
in Business
0


JHVEPhoto/iStock Editorial via Getty Images

L3Harris Technologies (NYSE:LHX) on Monday said it agreed to buy Viasat’s (NASDAQ:VSAT) military-communications business for about $1.96 billion.

“This acquisition is part of our strategic effort to ensure operators have access to the most advanced, multi-function Joint All-Domain Command and Control (JADC2) solutions available,” Christopher E. Kubasik, chair and CEO of L3Harris, said in a statement.

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