Why small guns have been critical to layered CUAS architectures
Multiple countries have been deploying small arms as the last line of drone defence due to their multiple operational and tactical advantages.
Harris to acquire Exelis Inc
Harris will acquire Exelis Inc under a recently signed agreement for around $4.75 billion, the two companies announced on 6 February. The boards of both companies unanimously approved the acquisition.
The acquisition transaction will close in June 2015. Together, the combined company will have a revenue of over $8 billion.
William Brown, CEO and president, Harris, said: 'The combination of the two companies' complementary core franchises create a competitively stronger company with significantly greater scale.'
David Melcher, CEO and president, Exelis, said: 'Combining the companies will significantly benefit customers and provide new opportunities for employees.'
Harris has created a detailed integration plan for combining the two businesses and achieving cost synergies. A dedicated integration team will be set up and will have executive leadership during the integration phase. This team will have senior members from both Harris and Exelis.
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