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EM’s Weekly Roundup: Leidos Acquires L3Harris’ Security Division; Wash100 Voting Ends June 1st; Executive Spotlight with Zscaler’s Stephen Kovac

Leidos Completes $1B Purchase of L3Harris’ Security Detection, Automation Businesses; Roger Krone Quoted Leidos has finalized its acquisition of L3Harris Technologies’ security detection and automation businesses for approximately $1 billion in cash, Leidos said Monday. The company also announced that Jim Moos, president of Leidos’ civil group, will oversee the acquired businesses. “In …

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Leidos Closes $1B Purchase of L3Harris’ Security Detection, Automation Businesses; Roger Krone Quoted

Roger Krone

Leidos (NYSE: LDOS) has finalized its acquisition of security detection and automation businesses of L3Harris Technologies (NYSE: LHX) for approximately $1B in cash. Jim Moos, president of Leidos’ civil group, will oversee the acquired businesses, which operate with over 1,200 employees combined and provide automated tray return systems, airport screening products and other industrial automation platforms to customers in the government, critical infrastructure, transportation and aviation markets, Leidos said Monday.

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L3Harris Offers Software to Healthcare and Public Safety Responders Combating COVID-19; Dana Mehnert Quoted

l3harris-offers-software-to-healthcare-and-public-safety-responders-combating-covid-19-dana-mehnert-quoted

L3Harris Technologies (NYSE: LHX) will offer its BeOn software application for free to health care and public safety workers, allowing users to turn their smartphones, laptops and other devices into an encrypted public safety radio, the company announced on Tuesday.

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L3Harris Awarded $1B Space Force Contract for Situational Awareness Tech Modernization, Sustainment Services

L3Harris Technologies (NYSE: LHX) has won a potential 10-year, $1.2B contract to help the U.S. Space Force's Space and Missile Systems Center modernize and sustain ground-based systems used to process space data. The company will maintain sensors and battle management command-and-control platforms under the  Maintenance of Space Situational Awareness Integrated Capabilities, according to an award notice posted Wednesday.

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