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TYSONS CORNER, VA, Jan. 30, 2017 — Harris (NYSE: HRS) will sell its government information technology services business to private equity investment firm Veritas Capital for $690 million.
The decision comes within a month after Harris sold its CapRock maritime communications business for $425 million to SpeedCast International as part of the Melbourne, Florida-based technology provider’s portfolio reshaping effort, GovCon Wire reported Friday.
About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Headquarters are located in Tysons Corner, VA. www.executivemosaic.com
David Smith
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