L3Harris Lines Up Buyer for Commercial Geospatial Software Business

Amid the work to close more than $6 billion in acquisitions, L3Harris Technologies is also going back to its divestiture agenda regarding businesses the company sees as outside the core strategy. L3Harris said it has agreed to sell its visual information solutions business unit to geospatial technology and infrastructure consulting firm NV5 Global for $100 million. All parties involved expect to close the transaction during the first half of 2023, pending regulatory approvals.