“We are pleased to welcome more than 1,200 L3Harris employees around the world to the Leidos team, who share our deep commitment of providing our customers with a fully-integrated security technology ecosystem.”Oops! Leidos announced in February -- before the novel coronavirus became a pandemic -- its $1 billion acquisition of the former L3Harris Technologies global security and automation … Press Release Leidos Completes Acquisition of L3Harris Technologies' Security Detection and Automation Businesses Creating a Comprehensive, Global Security and Detection Portfolio It will deliver checkpoint security products such as checkpoint CT scanners, people scanners, explosives trace detectors, checked baggage screeners and automated tray return systems. “This deal expands our scope and scale in securing ports and borders, enhancing passenger movement in airports of the future, and fortifying infrastructure for national security and public venues,” said Moos. The transaction was previously announced on Feb. 4, 2020. MacDonald Humfrey Automation is now Leidos Security Detection & Automation following the close of the acquisition of L3Harris Technologies' Security Detection & Automation businesses by Leidos. L3Harris' Security Detection and Automation businesses provide airport and critical infrastructure screening products, automated tray return systems and other industrial automation … "This deal expands our scope and scale in securing ports and borders, enhancing passenger movement in airports of the future, and fortifying infrastructure for national security and public venues," said Moos. Leidos Security Detection & Automation ExMac Automation is now Leidos Security Detection & Automation following the close of the acquisition of L3Harris Technologies’ Security Detection and Automation businesses by Leidos in May 2020. “We are excited to support critical infrastructure wherever it is needed, and to help transform the global security marketplace.” Learn More. They will operate within the Leidos Civil Group, led by Jim Moos, Civil Group president. The business remains a leading name in the supply of total turnkey systems specializing in complex automation and controls projects across several … With annual revenues of approximately $500 million, L3Harris’ Security & Detection Systems and MacDonald Humfrey Automation solutions are used by the aviation and transportation industries, regulatory and customs authorities, government and law enforcement agencies, and commercial and other high-security facilities. "We are excited to support critical infrastructure wherever it is needed, and to help transform the global security marketplace." Leidos will continue to serve global customers in the aviation, transportation, government and critical infrastructure markets.“In line with our mission of making the world safer, healthier and more efficient, this security detection and automation acquisition furthers our important work in the secure movement of people and commerce globally,” said Leidos Chairman and CEO Roger Krone. Combined with Leidos' existing cargo and baggage screening product lines, Leidos now goes to market with a global security detection and automation footprint of more than 24,000 systems deployed in more than 120 countries. Leidos Security Detection & Automation is a leading name in … ""In line with our mission of making the world safer, healthier and more efficient, this security detection and automation acquisition furthers our important work in the secure movement of people and commerce globally," said Leidos Chairman and CEO Roger Krone. "We are pleased to welcome more than 1,200 L3Harris employees around the world to the Leidos team, who share our deep commitment of providing our customers with a fully-integrated security technology ecosystem. The transaction is expected to be immediately accretive to Leidos' revenue growth, EBITDA margins, and non-GAAP diluted earnings per share upon closing.The acquired businesses provide airport and critical infrastructure screening products, automated tray return systems and other industrial automation products. Leidos will continue to serve global customers in the aviation, transportation, government and critical infrastructure markets.Leidos retained Credit Suisse Securities (USA) LLC as financial advisor, and Fried, Frank, Harris, Shriver, & Jacobson LLP and DLA Piper as legal advisors in connection with the transaction.Copyright (C) 2020 PR Newswire.
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