Leidos’ $1 Billion Acquisition of L3Harris Technologies’ Airport Security Business

Paul, Weiss, Rifkind, Wharton & Garrison advised L3Harris Technologies, Inc.

The global aerospace and defense technology innovator L3Harris Technologies, Inc. completed the $1 billion all-cash sale of its airport security and automation business to Leidos Holdings, Inc. The transaction is expected to close in mid-2020, subject to customary closing conditions.

The Paul, Weiss team included corporate partners Steven Williams (Picture), Michael Vogel, Scott Barshay, Caith Kushner and John Kennedy; tax partner Scott Sontag and counsel Alyssa Wolpin; employee benefits partner Jean McLoughlin; intellectual property partner Claudine Meredith-Goujon; real estate partner Peter Fisch; litigation partners Jonathan Kanter and Christopher Boehning and counsel Steven Herzog; environmental counsel William O’Brien; antitrust counsel Yuni Sobel and Marta Kelly; and international trade counsel Richard Elliott.

Involved fees earner: Scott Barshay – Paul Weiss Rifkind Wharton & Garrison; Christopher Boehning – Paul Weiss Rifkind Wharton & Garrison; Richard Elliott – Paul Weiss Rifkind Wharton & Garrison; Peter Fisch – Paul Weiss Rifkind Wharton & Garrison; Steven Herzog – Paul Weiss Rifkind Wharton & Garrison; Jonathan Kanter – Paul Weiss Rifkind Wharton & Garrison; Marta Kelly – Paul Weiss Rifkind Wharton & Garrison; John Kennedy – Paul Weiss Rifkind Wharton & Garrison; Caith Kushner – Paul Weiss Rifkind Wharton & Garrison; Jean McLoughlin – Paul Weiss Rifkind Wharton & Garrison; Claudine Meredith-Goujon – Paul Weiss Rifkind Wharton & Garrison; William O’Brien – Paul Weiss Rifkind Wharton & Garrison; Yuni Sobel – Paul Weiss Rifkind Wharton & Garrison; Scott Sontag – Paul Weiss Rifkind Wharton & Garrison; Michael Vogel – Paul Weiss Rifkind Wharton & Garrison; Steven Williams – Paul Weiss Rifkind Wharton & Garrison; Alyssa Wolpin – Paul Weiss Rifkind Wharton & Garrison;

Law Firms: Paul Weiss Rifkind Wharton & Garrison;

Clients: L3Harris Technologies;