Bloomberg is reporting that L3Harris is exploring the sale of its avionics unit, having hired an adviser to pursue a deal. The operation could fetch around $1 billion.
L3Harris produces avionic sensors for both military and commercial aircraft, including ADS-B NextGen surveillance systems, configurable voice and data recorders, collision avoidance systems, navigation products, display systems, and processors. The firm’s Commercial Aviation Solutions division produces civil avionics systems, while the Mission Avionics unit provides military airborne mission system processing computers, avionics systems and displays, hardened electronics, weapons release systems, datalinks, and antennas supporting fixed-wing and rotary-wing platforms, including the F-35, F/A-18 and C-130.
No final decision has been made, and the company may decide to hold the operation.
L3Harris is currently in the process of acquiring rocket and missile motor producer Aerojet Rocketdyne in a deal valued at $4.7 billion. The deal was first announced in late 2022 and is expected to close in 2023 following regulatory approval.
A military history enthusiast, Richard began his career at Forecast International as editor of the World Weapons Weekly newsletter. As the Internet became central to defense research, he helped design the company’s Forecast Intelligence Center and now coordinates the FI Market Recap newsletters for clients. He also manages two blogs: Defense & Security Monitor, which covers defense systems and international security issues, and Flight Plan, focused on commercial aviation and space systems.
For more than 30 years, Richard has authored Defense & Aerospace Companies, Volume I (North America) and Volume II (International), providing detailed data on major aerospace and defense contractors. He also edits the International Contractors service, a database tracking all companies involved in programs covered by the FI library. Richard currently serves as Manager of the Information Services Group (ISG), which develops outbound content for both Forecast International and Military Periscope.
