M&A Deal Summary

L3Harris Acquires Westronic

On October 26, 1992, L3Harris acquired communications company Westronic

Acquisition Highlights
  • This is L3Harris’ 1st transaction in the Communications sector.
  • This is L3Harris’ 1st transaction in Canada.
  • This is L3Harris’ 1st transaction in Alberta.

M&A Deal Summary

Date 1992-10-26
Target Westronic
Sector Communications
Buyer(s) L3Harris
Deal Type Add-on Acquisition

Target

Westronic

Calgary, Alberta, Canada
Westronic, Inc. provides power grid & communications network remote monitoring systems.

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Buyer(S) 1

Buyer

L3Harris

Melbourne, Florida, United States

Category Company
Founded 1895
Sector Defense
Employees47,000
Revenue 19.4B USD (2023)
DESCRIPTION
Entrance to L3Harris' corporate headquarters in Melbourne, Florida.
Entrance to L3Harris' corporate headquarters in Melbourne, Florida.

L3 Harris is a producer of communications products, systems and services for global markets, including RF communications, integrated network solutions and government communications systems. L3Harris Technologies was founded in 1895 and is based in Melbourne, Florida.


DEAL STATS #
Overall 1 of 30
Sector (Communications) 1 of 11
Type (Add-on Acquisition) 1 of 24
State (Alberta) 1 of 1
Country (Canada) 1 of 2
Year (1992) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1997-04-07 Northeast Broadcast Lab

Richmond, Indiana, United States

Northeast Broadcast Lab, Inc., a supplier of radio broadcast equipment and studio systems.

Buy -