Leidos to Acquire L3Harris Technologies’ Security Detection and Automation Businesses

Roger Krone, Leidos

Science and technology company Leidos has announced it has agreed to acquire L3Harris Technologies’ Security Detection and Automation businesses for $1 billion.

With headquarters in Tewksbury, Massachusetts, and Luton, England, the security detection and automation businesses provide airport and critical infrastructure screening products and other industrial automation products. With 1,200 employees, the businesses have more than 20,000 systems deployed worldwide in over 100 countries.

The acquisition “will help accelerate our growth and innovation and enable us to offer the market a comprehensive security platform,” said Leidos Chairman and CEO Roger Krone. “The businesses further our commitment to a diversified revenue stream, by expanding our customer penetration into 75 additional countries.”

The acquisition expands Leidos’ product portfolio to include checkpoint security products like checkpoint CT scanners, people scanners, comprehensive explosives trace detectors and checked baggage screeners. The move diversifies the company’s revenue with an expanded international presence.

“This powerful portfolio of technology and the outstanding team of employees that support it complement the Leidos team well,” Krone said. “The work this team performs is vital to securing so many important locations – where passengers count on equipment reliability and efficiency to keep them safe.”

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