Aerospace Transformation: TJC Completes Strategic Buyout of L3Harris' Aviation Solutions Division
In a significant strategic move, TJC, L.P. has announced the successful acquisition of L3Harris Technologies' Commercial Aviation Solutions (CAS) business by an affiliate of The Resolute Fund VI, L.P. The landmark transaction, valued at $800 million, marks a pivotal moment in the aerospace and defense industry.
The deal, finalized on March 31, 2025, represents a substantial investment in the commercial aviation sector, highlighting the continued confidence in the industry's growth potential. By acquiring the CAS business, Resolute VI demonstrates its commitment to expanding its portfolio and strategic positioning in the aviation market.
L3Harris Technologies (NYSE:LHX) will divest its Commercial Aviation Solutions segment, a move that is expected to streamline the company's operational focus while providing significant value to its shareholders. The transaction underscores the dynamic nature of mergers and acquisitions in the rapidly evolving aerospace landscape.
Financial details of the transaction suggest a robust valuation that reflects the strategic importance and potential of the Commercial Aviation Solutions business in the current market environment.