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Exelis, Harris sign acquisition agreement

Exelis, Harris sign acquisition agreement

Melbourne, Florida-based Harris Corp. and information technology company and defense contractor rival Exelis Inc. have signed an acquisition agreement last week. The sale will amount to about $4.75 billion when complete, probably mid-year, said B.J. Talley, Exelis director of corporate communications. Together, Exelis and Harris generated a combined $8 billion in revenue last year. The Exelis Mission… Continue Reading Exelis, Harris sign acquisition agreement

The Boeing Company is leading a U.S. industry team that includes Raytheon and Harris Corp. to pursue future development and sustainment work on the Air Force GPS Control Segment Sustainment contract. The control segment is the ground hardware and software that controls the space vehicles and their payloads. Boeing’s Colorado Springs team is leading the… Continue Reading Boeing’s Springs office leads GPS support team

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