On the Record · L3 Technologies

L3 Technologies acquisitions, on the record

The businesses L3 Technologies bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
NSS business Word for word“Discontinued Operations. On February 1, 2016, we completed the sale of our NSS business to CACI International Inc. for a sales price of $547 million.” 10-K for 2016	divestiture	February 1, 2016	$547 million
Data Tactics Corporation (L3 Data Tactics) Word for word“2014 Data Tactics Corporation (L3 Data Tactics) March 4, 2014 Discontinued Operations $ 57 Total 2014 $ 57” 10-K for 2016	acquisition	March 4, 2014	$ 57
MITEQ, Inc. Word for word“MITEQ, Inc. January 21, 2015 Communication Systems $ 41 CTC Aviation Group (L3 CTC) May 27, 2015 Electronic Systems 236 ForceX, Inc. (L3 ForceX) October 13, 2015 Electronic Systems 61 Total 2015 $ 338” 10-K for 2016	acquisition	January 21, 2015	$ 41
CTC Aviation Group (L3 CTC) Word for word“MITEQ, Inc. January 21, 2015 Communication Systems $ 41 CTC Aviation Group (L3 CTC) May 27, 2015 Electronic Systems 236 ForceX, Inc. (L3 ForceX) October 13, 2015 Electronic Systems 61 Total 2015 $ 338” 10-K for 2016	acquisition	May 27, 2015	236
ForceX, Inc. (L3 ForceX) Word for word“MITEQ, Inc. January 21, 2015 Communication Systems $ 41 CTC Aviation Group (L3 CTC) May 27, 2015 Electronic Systems 236 ForceX, Inc. (L3 ForceX) October 13, 2015 Electronic Systems 61 Total 2015 $ 338” 10-K for 2016	acquisition	October 13, 2015	61
Advanced Technical Materials, Inc. (ATM) Word for word“Advanced Technical Materials, Inc. (ATM) January 22, 2016 Communication Systems $ 27 Micreo Limited (Micreo) and Flight Training Acqusitions LLC (Aerosim) September 30, 2016 Electronic Systems 86 MacDonald Humfrey (Automation) Limited (L3 MacDonald Humfrey) November 22, 2016 Electronic Systems 327 (2) Total 2016 $ 440” 10-K for 2016	acquisition	January 22, 2016	$ 27
Micreo Limited (Micreo) and Flight Training Acqusitions LLC (Aerosim) Word for word“Advanced Technical Materials, Inc. (ATM) January 22, 2016 Communication Systems $ 27 Micreo Limited (Micreo) and Flight Training Acqusitions LLC (Aerosim) September 30, 2016 Electronic Systems 86 MacDonald Humfrey (Automation) Limited (L3 MacDonald Humfrey) November 22, 2016 Electronic Systems 327 (2) Total 2016 $ 440” 10-K for 2016	acquisition	September 30, 2016	86
MacDonald Humfrey (Automation) Limited (L3 MacDonald Humfrey) Word for word“Advanced Technical Materials, Inc. (ATM) January 22, 2016 Communication Systems $ 27 Micreo Limited (Micreo) and Flight Training Acqusitions LLC (Aerosim) September 30, 2016 Electronic Systems 86 MacDonald Humfrey (Automation) Limited (L3 MacDonald Humfrey) November 22, 2016 Electronic Systems 327 (2) Total 2016 $ 440” 10-K for 2016	acquisition	November 22, 2016	327
explosive trace detection (ETD) business of Implant Sciences Corporation (Implant) Word for word“On January 5, 2017, we completed the acquisition of the explosive trace detection (ETD) business of Implant Sciences Corporation (Implant) for a purchase price of $118 million, in addition to the assumption of specified liabilities.” 10-K for 2016	acquisition	January 5, 2017	$118 million
Marine Systems International (MSI) Word for word“MSI Divestiture. On May 29, 2015, we completed the sale of our MSI business to Wärtsilä Corporation for a sales price of €295 million (approximately $318 million), in addition to the assumption by Wärtsilä Corporation of approximately €60 million of MSI employee pension-related liabilities.” 10-K for 2016	divestiture	May 29, 2015	€295 million (approximately $318 million)
BSI business Word for word“BSI Divestiture. On April 24, 2015, we divested our BSI business for a sales price of $26 million.” 10-K for 2016	divestiture	April 24, 2015	$26 million
Tinsley Product Line Word for word“Tinsley Product Line Divestiture. On July 27, 2015, we divested our Tinsley Product Line for a sales price of $4 million.” 10-K for 2016	divestiture	July 27, 2015	$4 million
Klein business Word for word“Klein Divestiture. On December 31, 2015, we divested our Klein business for a sales price of $10 million.” 10-K for 2016	divestiture	December 31, 2015	$10 million
Vertex Aerospace business Word for word“On October 16, 2017, our Board of Directors approved a plan to explore strategic alternatives to sell or otherwise divest the Vertex Aerospace business.” 10-K for 2017	agreed divestiture	—	—
National Security Solutions (NSS) segment Word for word“On February 1, 2016, we completed the sale of our NSS segment to CACI International Inc. for a sales price of $547 million.” 10-K for 2017	divestiture	On February 1, 2016, we completed the sale of our NSS segment to CACI International Inc.	for a sales price of $547 million
CTC Aviation Jet Services Limited (Aviation Jet Services) business Word for word“On March 1, 2017, we divested our Aviation Jet Services business for a sales price of £1 million (approximately $1 million).” 10-K for 2017	divestiture	On March 1, 2017, we divested our Aviation Jet Services business	for a sales price of £1 million (approximately $1 million)
Display Product Line Word for word“On February 23, 2017, we divested our Display Product Line for a sales price of $7 million.” 10-K for 2017	divestiture	On February 23, 2017, we divested our Display Product Line	for a sales price of $7 million
Marine Systems International (MSI) business Word for word“On May 29, 2015, we completed the sale of our MSI business to Wärtsilä Corporation for a sales price of €295 million (approximately $318 million), in addition to the assumption by Wärtsilä Corporation of approximately €60 million of MSI employee pension-related liabilities.” 10-K for 2017	divestiture	On May 29, 2015, we completed the sale of our MSI business to Wärtsilä Corporation	for a sales price of €295 million (approximately $318 million)
BSI business (Broadcast Sports Inc.) Word for word“On April 24, 2015, we divested our BSI business for a sales price of $26 million.” 10-K for 2017	divestiture	On April 24, 2015, we divested our BSI business	for a sales price of $26 million
Klein Associates, Inc. (Klein) business Word for word“On December 31, 2015, we divested our Klein business for a sales price of $10 million.” 10-K for 2017	divestiture	On December 31, 2015, we divested our Klein business	for a sales price of $10 million
Explosive Trace Detection business of Implant Sciences (ETD business) Word for word“2017 Explosive Trace Detection business of Implant Sciences (ETD business) January 5, 2017 Electronic Systems $ 118 OceanServer Technology, Inc. (OceanServer), Open Water Power, Inc.” 10-K for 2017	acquisition	January 5, 2017	$ 118
Kigre, Inc. (Kigre) Word for word“(G-Air) October 27, 2017 Electronic Systems 13 Kigre, Inc. (Kigre) December 18, 2017 Sensor Systems 13 Total 2017 $ 324 (1) The purchase price represents the contractual consideration for the acquired business, excluding adjustments for net cash acquired and acquisition transaction costs.” 10-K for 2017	acquisition	December 18, 2017	13
Vertex Aerospace businesses Word for word“On June 29, 2018, we completed the sale of our Vertex Aerospace businesses for a sales price of $540 million subject to customary closing net working capital adjustments.” 10-K for 2018	divestiture	June 29, 2018	$540 million
Harris Corporation Word for word“On October 14, 2018, L3 and Harris Corporation (“Harris”) announced an agreement to combine in an all stock merger of equals.” 10-K for 2018	agreed acquisition	October 14, 2018	—
Aviation Jet Services business Word for word“On March 1, 2017, we divested our Aviation Jet Services business for a sales price of £1 million (approximately $1 million).” 10-K for 2018	divestiture	March 1, 2017	£1 million
Coleman business Word for word“On February 24, 2017, we divested our Coleman business for a sales price of $15 million.” 10-K for 2018	divestiture	February 24, 2017	$15 million

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)
2016-12-31	$388 million
2017-12-31	$316 million
2018-12-31	$369 million

Deal filings since 2016

2019-07-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-07-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2019-06-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-10-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-07-05 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2018-05-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-12-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-10-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from L3 Technologies’s annual reports (10-K for 2018, 10-K for 2017, 10-K for 2016) and the financial data it files with the SEC, as of 2019-02-21. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.