InfraDefenceThe capital behind defence.
M&A · Completed · 15 Sep 2019

Elbit Systems acquisition of Harris Night Vision

Elbit Systems of America bought Harris's night vision business, which Harris had to sell to clear its merger with L3.

Company
Harris Night Vision
Type
M&A
Status
Completed
Date
15 Sep 2019
Value
US$350m
Value basis
US$350m purchase price
Region
US
Segment
Defence electronics

Parties

Key terms

Buyer
Elbit Systems of America, LLC
Announced
5 Apr 2019
Condition
Completion of the Harris and L3 merger and regulatory approvals
Business
Night vision technology for US and allied military and security forces, based in Roanoke, Virginia

Sources

  1. Elbit Systems Form 6-K: definitive agreement to acquire Harris Night Vision sec.gov · 5 Apr 2019
  2. Elbit Systems Form 6-K: completes the acquisition of Harris Night Vision sec.gov · 15 Sep 2019

Record DEF-INV-2019-0010. Investments are kept apart from the financings register and never counted in debt totals.

Randeep Bubbra
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