L3Harris to divest Electron Devices business
04 August 2021
by Marc Selinger
L3Harris Technologies has sold several businesses since it was created in 2019. (L3Harris Technologies)
US-based L3Harris Technologies has agreed to sell its Electron Devices business to US private equity firm Arlington Capital Partners for USD185 million as part of its portfolio reshaping effort, L3Harris announced on 3 August.
Electron Devices makes radio-frequency amplification products for the defence, intelligence, industrial, and medical sectors. Its travelling wave tubes are used in communication satellites, ground broadcast stations, guidance systems, and military aircraft radars.
Electron Devices has more than 800 employees at three facilities in Folsom and Torrance, California, and Williamsport, Pennsylvania. Arlington plans to turn the business into a standalone company called Stellant Systems, but keep its leadership.
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