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Deal of fortune: Why Harris Corp. and L3 Technologies are going all in on $33.5B merger

Matthew Richardson
Deal of fortune: Why Harris Corp. and L3 Technologies are going all in on $33.5B merger

About 10 months ago, Harris Corp. CEO Bill Brown and L3 Technologies Inc. CEO Chris Kubasik began talking about merging their two companies — something that ultimately would shake up the order of elite defense contractors. L3 knows Harris. After months of conversations and planning, the two companies’ boards approved the deal, an agreement was signed and the pending merger of equals was announced to the world Oct. 14.