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EMCORE Announces Closing of the Acquisition of the L3Harris Space and Navigation Business for $5 Million
May 2, 2022 8:30 AM EDTALHAMBRA, CA, May 02, 2022 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), a leading provider of advanced mixed-signal products that serve the aerospace & defense, communications, and sensing markets, announced today that it has completed the acquisition of the L3Harris (NYSE: LHX) Space and Navigation business for approximately $5 million in an all-cash transaction, subject to any net working capital adjustments.
The acquisition provides an immediate contribution of additional scale in this market and expands EMCOREs inertial navigation product portfolio and addressable market with the addition of navigation and strategic grade... More
L3Harris Releases First Quarter 2022 Financial Results
April 28, 2022 4:05 PM EDTMELBOURNE, Fla.--(BUSINESS WIRE)-- L3Harris Technologies (NYSE: LHX) today announced its first quarter fiscal year 2022 results in an... More
