/s3.amazonaws.com/arc-authors/mco/ec9ce020-d112-47ba-9d8b-656b14dbaae7.png)
/cloudfront-us-east-1.images.arcpublishing.com/mco/ZMIMX2G74RH2XIHEMJDLRPWRTU.jpg)
Year two post merger, L3Harris looks toward $1B more in divestitures
One year post merger, L3Harris is a third of the way to its goal of shedding roughly $1.5 billion of the company, with COVID-19 slowing progress. What's coming for year two?
-
-
Raytheon Technologies Corp. begins trading on NYSE
Less than a year after announcing plans to combine into a $121 billion company, Raytheon and United Technologies are officially no more.
-
Raytheon-UTC merger wins approval, pending divestitures
The merger between two defense giants got the green light from the U.S. Department of Justice, under the condition that divestitures already in the works move forward and another piece of business is shed.
-
Worse than 9/11: Defense firms with exposure to commercial market losses cut overhead to the bone
Defense companies with substantial exposure to commercial markets are taking dramatic measures to limit overhead and preserve cash amid the global coronavirus pandemic.
-
NATO points to ‘severe consequences’ on global budgets from coronavirus crisis
NATO did continue its upward trend in defense spending during 2019, reports Secretary General Jens Stoltenberg.
-
When a global health crisis hits home
At the start, this was a health care crisis certainly, an economic crisis potentially. Now it's clear that no market is unaffected, and I join the rest of the world in wondering where the defense industry will land.
-
L3Harris looks to shed as much as 10 percent of company
The decision to sell its airport security business for $1 billion is the first of more transactions, says L3Harris CEO Bill Brown.
-
As tech startups catch DoD’s eye, big investors are watching
A few key Silicon investors have emerged as the exceptions to the rule, placing bets on defense startups. And a lot is riding on their success.
-
Silicon Valley investors to DoD: Dual-use tech is a bad strategy
Tech that can be adapted from the commercial market to serve the needs of the military is core to the Defense Department's innovation strategy. But those willing to put money toward the big ideas think it’s the wrong approach.
-
DoD’s top IT official talks AI, JEDI, and how to win over the commercial tech community
In an exclusive interview in December, the Pentagon Chief Information Officer Dana Deasy shared his priorities and strategy reshaping defense technology.
/arc-anglerfish-arc2-prod-mco.s3.amazonaws.com/public/Z6FYSNAWIZEZTL73CZ5HUQ5DCM.jpg)
/arc-anglerfish-arc2-prod-mco.s3.amazonaws.com/public/Y2QA54RDC5FAXEQ6MVUW7VFCG4.jpg)
/arc-anglerfish-arc2-prod-mco.s3.amazonaws.com/public/753TBJFBDFDFRFG2ZBUHEX7JNM.jpg)
/arc-anglerfish-arc2-prod-mco.s3.amazonaws.com/public/CFHSZOZAPJH67I4VTQE5SVBAXU.jpg)
/arc-anglerfish-arc2-prod-mco.s3.amazonaws.com/public/ABQ33PDXUVB7DNUG75WOE2NPA4.jpg)
/arc-anglerfish-arc2-prod-mco.s3.amazonaws.com/public/KG7LIWP2PNALRBUZKVSG7CMRLQ.jpg)
/arc-anglerfish-arc2-prod-mco.s3.amazonaws.com/public/GFSYO2PMOFBPTH3OA6AEMDRQQI.jpg)
/arc-anglerfish-arc2-prod-mco.s3.amazonaws.com/public/AD7RDIIWQ5GOLI5BUBCRUZXSIM.jpg)
/arc-anglerfish-arc2-prod-mco.s3.amazonaws.com/public/JKTMO63KERC4BGLL23FUDOFIDQ.jpg)