Fisica, Inc. Acquires Space Vector to Expand Capabilities in Aerospace and Defense Systems [Yahoo! Finance]
L3Harris Technologies, Inc. (LHX)
Last l3harris technologies, inc. earnings: 2/4 06:30 am
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Source: Yahoo! Finance
electromagnetic systems and simulators, announced today its acquisition of Space Vector Corporation ("Space Vector"), a trusted provider of high-reliability RF avionics and battery systems. Terms of the transaction were not disclosed. Founded in 1969 and based in Chatsworth, California , Space Vector has been a long-standing partner to the aerospace and defense industries, particularly in support of the national test range community. The company's extensive experience in flight termination systems (FTS), and rechargeable batteries and mission-critical RF systems aligns with Fisica's focus on delivering advanced, reliable technologies for defense and aerospace applications. "I formed Fisica less than a year ago as a defense technology platform - through the acquisition of three businesses from L3Harris - to think expansively and opportunistically about growth in the broader defense space," said Warren B. Kanders , Executive Chairman of Fisica. "The acquisition of Space Vector repre
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