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LHX — L3Harris Technologies News Story

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Brief: L3Harris Closes $1 Bln Investment from Department of War in Missile Solutions Business

April 23 (Reuters) - L3harris Technologies Inc LHX.N:

L3HARRIS CLOSES $1B INVESTMENT FROM DEPARTMENT OF WAR IN MISSILE SOLUTIONS BUSINESS

L3HARRIS TECHNOLOGIES INC -  WILL REMAIN MAJORITY SHAREHOLDER (>80%) IN NEW MSL BUSINESS AND WILL CONSOLIDATE FINANCIAL RESULTS OF MSL.

L3HARRIS TECHNOLOGIES- INVESTMENT IN MSL FROM DEPARTMENT OF WAR AS CONVERTIBLE PREFERRED SECURITY WHICH WILL TURN INTO COMMON EQUITY UPON AN IPO

L3HARRIS TECHNOLOGIES INC -  DEPARTMENT OF WAR WILL RECEIVE CERTAIN WARRANTS TO PURCHASE COMMON STOCK IN MSL

Source text: ID:nBw6mb07Ca

Further company coverage: LHX.N

 ((Reuters.Briefs@thomsonreuters.com;))

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