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
- Elbit Systems buyer
- L3Harris Technologies seller
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
- Elbit Systems Form 6-K: definitive agreement to acquire Harris Night Vision sec.gov · 5 Apr 2019
- 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.