L3harris technologies signs definitive agreements to sell its military training and combat propulsion systems businesses for $1.45 billion

Melbourne, fla.--(business wire)--l3harris technologies (nyse:lhx) has signed definitive agreements to sell its military training business to cae and its combat propulsion systems and related businesses to renk ag for a combined $1.45 billion. each transaction is subject to customary closing conditions, including receipt of regulatory approvals, and is expected to close in the second half of 2021. under the first agreement, cae (nyse:cae; tsx:cae) will acquire l3harris' military training busine
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