Technology

L3Harris Finalizes Acquisition of Link 16 Technology

L3Harris Technologies today declared the finalization of its purchase of Viasat Inc.’s (NASDAQ: VSAT) Tactical Data Links product range – popularly referred to as Link 16 – for around $1.96 billion, pending standard adjustments.

The firm revealed the endorsement of a definitive agreement to acquire the TDL network in October 2022 and obtained U.S. and allied partner regulatory approvals in December 2022.

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