The logo of L3Harris is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 1, 2019. REUTERS/Brendan McDermid/File Photo
(Reuters) - L3Harris Technologies is selling its commercial aviation solutions business to private equity firm TJC L.P. for $800 million, the defense company said on Monday.
The deal includes a $700 million cash purchase price and a $100 million earnout based on the achievement of certain financial performance targets for this year and 2024.
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