Airbus Defense has selected L3Harris Technologies to provide power amplification modules for OneSat satellites operating in multiple frequency bands for next-generation software-defined networks.. L3Harris' Electron Devices Division (EDD) will provide nano microwave power modules (nanoMPM). Kirkland & Ellis advised Arlington Capital Partners on its binding agreement to acquire L3 Electron Devices Inc., a manufacturer of vacuum electron devices, and certain assets comprising the "Narda West" business unit, a manufacturer of microwave components and subsystems for aerospace and defense applications, from L3Harris Technologies (NYSE: LHX). . Arlington Capital Partners To Acquire L3 Harris Technologies' Electron Devices + Narda Microwave-West Divisions After closing, the Company will operate independently as Stellant Systems ("Stellant") and will be a standalone platform for Arlington in the mission-critical defense electronics market. The point of contact name is Alicia Rishel. MELBOURNE, Fla., October 04, 2021--L3Harris Technologies (NYSE:LHX) has completed the sale of its Electron Devices and Narda Microwave-West businesses to Arlington Capital Partners, a Washington, DC-area private equity firm. This article is within the scope of WikiProject Companies, a collaborative effort to improve the coverage of companies on Wikipedia. (L3Harris Technologies) US-based L3Harris Technologies has agreed to sell its Electron Devices business to US private. L3 ELECTRON DEVICES, INC. is a business incorporated with Washington State Secretary of State. In the latter part of the year, L3Harris divested four microwave technology operations, including ESSCO, Narda-MITEQ, Electron Devices, and Narda Microwave-West. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks. Because the L3Harris Merger benefited the entire Company as opposed to any individual business segment, the above costs were not allocated to any business segment. The corporation number is #P4ZHAFDLJ616. MELBOURNE, Fla. - L3Harris Technologies (NYSE:LHX) has completed the sale of its Electron Devices and Narda Microwave-West businesses to Arlington Capital Partners, a Washington, DC-area private equity firm. l3harris technologies ( l3harris) is an american technology company, defense contractor, and information technology services provider that produces c6isr systems and products, wireless equipment, tactical radios, avionics and electronic systems, night vision equipment, and both terrestrial and spaceborne antennas for use in the government, … . L3Harris Technologies Inc. on Tuesday said it agreed to sell its electron-devices business to private-equity firm Arlington Capital Partners for $185 million. The transaction is occurring in partnership with current L3Harris Electron Devices' leadership, who upon close are expected to continue to operate and lead the company. L3Harris employees are passionate about our customers and their mission, supporting national security, civil service, transportation safety and more. Arlington Capital Partners ("Arlington") has entered into definitive agreements to acquire L3Harris Technologies ' (NYSE:LHX) Electron Devices and Narda Microwave-West divisions (the "Company") — this agreement is subject to customary closing conditions and regulatory approvals. The company is a market leading provider of RF amplification products for the space, electronic warfare, radar, medical and industrial end markets. Arlington Capital Partners Completes the Acquisition of Stellant Systems, Formerly L3Harris Technologies' Electron Devices and. In October 2021, Stellant systems was formed from L3Harris Technologies ' Electron Devices and Narda Microwave-West divisions when both were sold to Arlington Capital Partners, a Washington D.C. based private equity firm. Jul 2010 - Present12 years 1 month. GAAP net income was $413 million, up 49% versus prior year. Chief Engineer at L3Harris Technologies, Electron Devices Inc. Los Angeles Metropolitan Area 72 connections. Arlington Capital Partners, a Washington, D.C.-based private equity firm, has agreed to acquire the Electron Devices and Narda Microwave-West divisions of L3Harris Technologies (NYSE: LHX) for an . Stellant Systems Inc. is a manufacturer of microwave devices for ground-based, airborne and satellite communications and radar. The businesses were part of L3Harris' Aviation . At L3Harris, we put you in the driver's seat of your career. The agreement is subject to customary closing conditions and regulatory approvals. Proceeds from the divestitures are expected to be used for share repurchases. ATE software and hardware engineering for Traveling Wave Tube (TWT and TWTA) RF devices applied in space, terrestrial and military applications for . L-3 Electron Devices. L3harris Interstate Electronics Corporation: 1025 W. Nasa Blvd, Melbourne, FL 32919-0001: C T Corporation System: 2003 . Lately, L3Harris has been following a disciplined divestment strategy, . The firm provides services to the government, commercial, military, and telecom. L3Harris Technologies ( L3Harris) is an American technology company, defense contractor, and information technology services provider that produces C6ISR systems and products, wireless equipment, tactical radios, avionics and electronic systems, night vision equipment, and both terrestrial and spaceborne antennas for use in the government . The division is ISO 9001 . Torrance,CA. It offers microwave payload products, including input and output multiplexer's panel assemblies and payload & switches. News Arlington Capital Partners To Acquire L3 Harris Technologies' Electron Devices + Narda Microwave-West Divisions. . . A talented staff of engineers, scientists, designers and builders maintains the critical skills necessary to provide innovative pulsed power components, systems and services to government and commercial customers. MELBOURNE, Fla., October 04, 2021 -- ( BUSINESS WIRE )--L3Harris Technologies (NYSE:LHX) has completed the sale of its Electron Devices and Narda Microwave-West businesses to Arlington Capital. Jane Edwards August 4, 2021 M&A Activity, News Arlington Capital Partners, a Washington, D.C.-based private equity firm, has agreed to acquire the Electron Devices and Narda Microwave-West. Companies Wikipedia:WikiProject Companies Template:WikiProject Companies company articles: Start . New Grads and Interns. The Electron Devices business, which is reported as part of our Aviation Systems segment, manufactures microwave devices for ground-based, airborne and satellite communications . WASHINGTON, DC, October 4 th, 2021 - Arlington Capital Partners ("Arlington"), a Washington, DC-area private equity firm, today announced the completion of its acquisition of L3Harris Technologies' (NYSE:LHX) Electron Devices and Narda Microwave-West divisions. . . August 4, 2021 Arlington to Form 'Stellant' via Acquisition of L3Harris Electron Devices, Narda Microwave-West Divisions GovConWire | August 4, 2021 The divisions will eventually form an independent company called Stellant Systems upon the transaction's closing, which is expected to occur before the end of 2021, Arlington said Tuesday. MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) has completed the sale of its Electron Devices and Narda Microwave-West businesses to Arlington Capital Partners, a Washington . Arlington Capital Partners acquires L3Harris Technologies' Electron Devices and Narda Microwave-West divisions to form Stellant Systems Parsons acquires BlackHorse Solutions WINNER: Robotic Research Series A Equity Raise ($228M) Sigma Defense, a Sagewind Capital portfolio company, acquires SOLUTE Deal of the Year: $250M - $1B L3Harris is committed to fostering relationships that support the innovators of the future. Going forward, the company has shifted . Colorado State University. Corporate Electron Devices (EDD) MELBOURNE, Fla. — L3Harris Technologies (NYSE:LHX) has completed the sale of its Electron Devices and Narda Microwave-West businesses to Arlington Capital Partners, a Washington, DC-area private equity firm. Arlington Capital Partners, a Washington, D.C.-based private equity firm, has agreed to acquire the Electron Devices and Narda Microwave-West divisions of L3Harris Technologies (NYSE: LHX) for an . Read full article. L3 Harris Technologies has completed the sale of its Electron Devices and Narda Microwave-West businesses to Arlington Capital Partners, a Washington, DC-area private equity firm, the company announced on 4 October. Stellant Systems (formerly known as L3 Electron Devices) is a manufacturer of critical and power amplification systems. L-3 Electron Technologies 3100 Lomita Blvd TorranceCA90505 (310) 517-6000Website Menu & Reservations Make Reservations Order Online novel device concepts including cold cathode TWTs and emission-controlled devices, to name a few. WASHINGTON, DC, October 4th, 2021 - Arlington Capital Partners ("Arlington"), a Washington, DC-area private equity firm, today announced the completion of its acquisition of L3Harris Technologies' (NYSE:LHX) Electron Devices and Narda Microwave-West divisions. Payment. Arlington Capital Partners ("Arlington"), a Washington, DC-area private equity firm, today announced the completion of its acquisition of L3Harris Technologies' (NYSE:LHX) Electron Devices and Narda Microwave-West divisions. Previously from 2017 to 2020, he functioned as the L3Harris Aerospace Sector VP Engineering, VP Engineering of the Electron Devices Division and as the CTO for the Space and Power Sector of L3. L3 ELECTRON DEVICES, INC. is a business incorporated with Washington State Secretary of State. Proceeds from the divestitures are expected to be used for share repurchase. Vice President & General Manager, Electron Devices Division @ L3Harris Technologies; Chief Executive Officer @ Stellant Systems; Vice President and General Manager, Electron Devices Division @ L3harris Technologies; see more Vice President and General Manager @ L-3 Communications; Director a and Ts Organizational Unit @ Northrop Grumman (570) 326-3561 Visit Website Map & Directions 1035 Westminster DrWilliamsport, PA 17701 Write a Review. The Unified Business Identifier (UBI) is #604099513. With assets reduced by the previously targeted 10 percent, L3Harris announced a new alignment and organization of core businesses in early 2022. Stellant will focus on providing traveling wave tubes, nano microwave power modules and other radio frequency amplification products for electronic . CAE today announced that it has entered into a definitive agreement with L3Harris Technologies (NYSE: LHX) to acquire L3Harris' Military Training business for US$1.05 billion, subject to customary adjustments (the "Acquisition").The Acquisition value represents approximately 13.5 times the L3Harris Military Training business estimated adjusted 2020 EBITDA (1) or approximately 10 times . L3Harris Technologies Inc. on Tuesday said it agreed to sell its electron-devices business to private-equity firm Arlington Capital Partners for $185 million. The L3Harris division has an annual revenue of about $500 million and includes three businesses: Doss Aviation, which offers flight training support to the U.S. Air Force; Link, a U.S. military . Join to connect L3Harris Technologies. L3harris Interstate Electronics Corporation: 1025 W. Nasa Blvd, Melbourne, FL 32919-0001: C T Corporation System: 2003-11-20: Learn More. The private equity firm is executing the deal in partnership with the L3Harris Electron Devices division's current leadership team, which will oversee Stellant upon the deal's completion. The businesses were part of L3Harris' Aviation Systems segment and are . - #private-equity #AlphaMaven Arlington Capital Partners Completes the Acquisition of Stellant Systems, formerly L3Harris Technologies' Electron Devices and Narda Microwave-West Divisions.
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