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TJC Closes Acquisition of L3Harris' Commercial Aviation Solutions Business

1. Resolute VI acquired L3Harris's Commercial Aviation Solutions for $800 million. 2. This indicates strategic market positioning in avionics and training sectors.

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+1.11%Current Return
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+0.38%S&P 500
$207.7503/31 07:34 AM EDTEvent Start
$210.0604/01 02:03 PM EDTLatest Updated
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FAQ

Why Bullish?

The acquisition reflects strong demand for CAS’s products, likely enhancing LHX’s valuation. Historical acquisitions in tech sectors often lead to stock price appreciation due to expanded capabilities and market presence.

How important is it?

The acquisition directly affects LHX’s financial structure and operational focus, impacting investor perception significantly.

Why Short Term?

Immediate market reactions to acquisitions can boost LHX's stock price. Success in integrating CAS may yield positive short-term financial metrics.

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LHXBARTXNOC
NEW YORK--(BUSINESS WIRE)--TJC, L.P. (“TJC”), announced today that an affiliate of The Resolute Fund VI, L.P. (“Resolute VI”) has closed the acquisition of L3Harris Technologies (NYSE:LHX) Commercial Aviation Solutions business (“CAS,” or the “Company”) for $800 million. CAS has two operating business units; the Avionics unit designs and manufactures mission critical, IP-driven avionics products, and the Commercial Training Solutions (“CTS”) unit provides an integrated suite of aircraft trainin.

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