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L3Harris Technologies plans to divest $1B more in assets and continue post-merger integration as it works on building credibility and setting the company up for more acquisitions in the future, Defense News reported ThursdayWilliam “Bill“ Brown, CEO of L3Harris and a previous Wash100 Award winner, said he thinks potential buys would likely focus on the area of command, control, communications, computers, intelligence, surveillance and reconnaissance.

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The all-stock merger between L3 Technologies and Harris Corp. has been completed to form L3Harris Technologies (LHX), the new company announced on Monday. L3Harris is officially the sixth largest defense company in the United States worth approximately $17 billion in revenue with over 50,000 employees. The company also announced the details regarding its own leadership, the board of directors and organizational structure. 

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Harris plans to make an investment worth over $125M in research-and-development projects in Florida to support tech innovation and talent recruitment efforts in the state. The company said Monday R&D initiatives will focus on robotics, avionics, small satellite units and electronic warfare and will occur at the firm’s facilities in Central Florida in support of the company’s approximately 7K […] More
The Aerospace Industries Association has appointed Harris CEO William Brown as chairman of AIA’s board of governors and named Collins Aerospace CEO Kelly Ortberg as vice chairman. Harris said Monday Brown succeeds Thomas Kennedy, chairman and CEO of Raytheon, as board leader for its centennial year in 2019. “I look forward to advocating for key industry issues, such as securing […] More
Harris has pledged to support science, technology, engineering and math education through grant funds in a move to inspire future space innovators. The company said Thursday that, for the third consecutive year, it will back the Space Foundation's Space in the Community program that seeks to inform students, teachers, parents and community members about space and […] More
A national nominating committee has endorsed Harris Chairman, President and CEO William Brown for a seat on the Association of the U.S. Army’s council of trustees. AUSA said Monday its bylaws allow members to nominate individuals to the council and comment on a nomination. Brown has led the Melbourne, Florida-based communications and information technology provider as president and CEO since November 2011 […] More
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