L3Harris Technologies (NYSE:LHX) has completed the sale of their ESSCO business to Communications & Power Industries (CPI).
ESSCO was part of L3Harris’ Aviation Systems segment and produces radomes for military and commercial use. CPI is a global manufacturer of electronic components and subsystems focused primarily on communications and defense markets.
L3Harris Technologies is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers’ mission-critical needs. The company provides advanced defense and commercial technologies across space, air, land, sea and cyber domains. L3Harris has approximately $18 billion in annual revenue and 47,000 employees, with customers in more than 100 countries.