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L3Harris Technologies to Sell Airport Security Business to Leidos for $1 Billion
- Client News
- February 4, 2020
Paul, Weiss is advising global aerospace and defense technology innovator L3Harris Technologies, Inc. in the $1 billion all-cash sale of its airport security and automation business to Leidos Holdings, Inc. The transaction is expected to close in mid-2020, subject to customary closing conditions.
The Paul, Weiss team includes, among others, corporate partners Steven Williams, Michael Vogel, Scott Barshay and John Kennedy; tax partner Scott Sontag and counsel Alyssa Wolpin; employee benefits partner Jean McLoughlin; intellectual property partner Claudine Meredith-Goujon; real estate partner Peter Fisch; litigation partner Christopher Boehning and counsel Steven Herzog; environmental counsel William O'Brien; antitrust counsel Yuni Sobel and Marta Kelly; and international trade counsel Richard Elliott.