Defense communications contractors L3 Technologies, Harris Corp agree to merge; L3 has large Camden presence
Tom Paine
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Update: Harris, L3 agree to merge
Harris Corp. and New York-based L3 Technologies are near a merger that would combine the two defense contractors into a company with a market value of $33.5 billion, the Wall Street Journal reported today.
The deal could be completed this weekend.
L3 has a major presence in the Philadelphia ares, with operations in Bristol, Philadelphia, and Camden. L3 has some 450 employees at its
Communications-East unit based in Camden, its LinkedIn page suggests .
"L3 Communication Systems-East (L3 CS-East) is a world-class leader in the design, development and production of C4ISR and Cyber solutions, supporting mission-critical space, land, air and naval operations. L3 CS-East has expertise in high-speed network encryption, electronic key management and integration, and automation of C4ISR systems", a description on the LinkedIn page says.
Harris is based in Melbourne, Florida.
