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  • Friday, November 22, 2024

Christopher Kubasik: Proposed L3-Harris Merger Awaits Clearances From DOJ, EU, Turkey


Christopher Kubasik, CEO of L3 Technologies

L3 Technologies (NYSE: LLL) CEO and 2019 Wash100 Award recipient Christopher Kubasik said the company™s planned merger with Harris (NYSE: HRS) still needs approval from the Department of Justice, the European Union and Turkey, Inside Defense reported Thursday.

“We’re being responsive and don’t foresee any significant issues,” Kubasik, a 2019 Wash100 winner, said of the proposed merger.

He added L3 expects the transaction to close in mid-calendar year 2019.

Harris and L3 shareholders approved in April the all-stock merger deal, which was announced in October 2018.

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