• August 8, 2020

L3Harris Technologies Completes Sale of EOTech to American Holoptics - Odessa American: Business

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L3Harris Technologies Completes Sale of EOTech to American Holoptics

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Posted: Friday, July 31, 2020 5:26 pm | Updated: 5:45 pm, Fri Jul 31, 2020.

MELBOURNE, Fla.--(BUSINESS WIRE)--Jul 31, 2020--

L3Harris Technologies (NYSE:LHX) today completed the previously announced sale of its EOTech business to American Holoptics, an affiliate of Koucar Management.

With annual revenue of approximately $60 million, L3Harris’ EOTech business manufactures holographic sighting systems, magnified field optics and accessories for military, law enforcement and commercial markets around the world.

About L3Harris Technologies

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 air, land, sea, space and cyber domains. L3Harris has approximately $18 billion in annual revenue and 48,000 employees, with customers in more than 100 countries. L3Harris.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200731005493/en/

CONTACT: Rajeev Lalwani

Investor Relations

Rajeev.Lalwani@L3Harris.com

321-727-9383Jim Burke

Media Relations

Jim.Burke@L3Harris.com

321-727-9131

KEYWORD: FLORIDA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: DEFENSE AEROSPACE MANUFACTURING OTHER DEFENSE

SOURCE: L3Harris Technologies

Copyright Business Wire 2020.

PUB: 07/31/2020 06:26 PM/DISC: 07/31/2020 06:26 PM

http://www.businesswire.com/news/home/20200731005493/en

© 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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