Financial news | 2020-06-25

L3Harris executive offers business update 1 year post merger


The L3Harris Public Safety and Professional Communications (PSPC) business is weathering the coronavirus pandemic as it reaches its one-year anniversary of the merger between Harris and L3 Technologies.

While the pandemic has pushed out the timelines of contracts with public-safety and critical infrastructure groups, no contracts were canceled, just slowed, said Nino DiCosmo, president, L3Harris PSPC. He said some of the statewide system and other contracts are starting to pick up again and are expected to get back on their original schedules in the second half of the year.