Item 8.01 Other Events.
On February 4, 2020, L3Harris Technologies, Inc. ("L3Harris") issued a press
release announcing the signing of a definitive agreement under which L3Harris
will sell its airport security and automation business (Security & Detection
Systems and MacDonald Humfrey Automation solutions) to Leidos, Inc. for $1
billion in cash. The press release also stated that the transaction is
conditioned on customary closing conditions, including receipt of regulatory
approvals, and is expected to close in mid-2020 and that L3Harris expects to use
the proceeds from the divestiture to repurchase shares and offset dilution. The
full text of the press release is furnished herewith as Exhibit 99.1 and is
incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
The following exhibit is furnished herewith:
Press Release, issued by L3Harris Technologies, Inc. on February 4,
99.1 2020 .
Cover Page Interactive Data File (embedded within the Inline XBRL
104 document).
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