L3Harris explores possible acquisitions

by Marc Selinger

L3Harris Technologies is having discussions with potential acquisition targets, but does not know yet if it will close any deals this year, according to the US defence contractor's chief executive.

“There's absolutely an appetite” for acquisitions, CEO Chris Kubasik told analysts on 31 January. “If we make an acquisition in 2022, that would be great. If we don't, we don't.”

The company has a “disciplined process” in place to evaluate companies it could buy and consider how it would integrate them, Kubasik said.

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L3Harris Technologies is having discussions with potential acquisition targets, but does not know ye...

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