ATC
Harris To Acquire Exelis, Merging U.S. Government Suppliers
The combination of Harris and Exelis will create a major supplier of IT and communications system to the U.S. government and military.
Harris and Exelis combined will manage major components of the FAA's NextGen ATC modernization, including ADS-B and DataComm. (Photo: Harris)
Harris and Exelis combined will manage major components of the FAA's NextGen ATC modernization, including ADS-B and DataComm. (Photo: Harris)

Harris Corp. announced on February 6 that it will acquire Exelis for $4.75 billion, combining two major U.S. government and military contractors. Melbourne, Fla.-based Harris expects the transaction to close in June, subject to approval by Exelis shareholders and regulatory vetting.