---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-128031"
form_type: "8-K"
ticker: "LHX"
cik: "0000202058"
company_name: "L3HARRIS TECHNOLOGIES, INC. /DE/"
filed_at: "2022-12-19T23:59:59+00:00"
generated_at: "2026-06-21T02:50:53.276512+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# L3Harris to acquire Aerojet Rocketdyne for $58/share all-cash, valued at $4.7B

## Summary
- $58.00 per share in cash, total enterprise value of ~$4.7B including net debt.
- Aerojet Rocketdyne generates ~$2.3B annual revenue; deal expected to close in 2023.
- Transaction funded with existing cash and new debt; not conditioned on L3Harris financing.
- Termination fees: $95.6M from Aerojet if board changes recommendation; $406.3M from L3Harris if HSR clearance fails.
- Aerojet Rocketdyne's CEO says joining L3Harris is 'natural next phase' for the company.

## SEC filing metadata
- accession: 0001104659-22-128031
- form_type: 8-K
- ticker: LHX
- cik: 0000202058
- company_name: L3HARRIS TECHNOLOGIES, INC. /DE/
- filed_at: 2022-12-19T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/202058/000110465922128031/0001104659-22-128031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/202058/000110465922128031/tm2232961d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-128031
- JSON: https://secwatch.observer/filing/0001104659-22-128031.json
- Plain text: https://secwatch.observer/filing/0001104659-22-128031.txt

## Key facts
- Material Agreements
  L3HARRIS TECHNOLOGIES, INC. /DE/ entered into Agreement and Plan of Merger with Aerojet Rocketdyne Holdings, Inc. (effective 2022-12-17).
  - Action: entry
  - Agreement: merger
  - Counterparty: Aerojet Rocketdyne Holdings, Inc.
  - Effective: 2022-12-17
  source text: On December 17, 2022, L3Harris Technologies, Inc., a Delaware corporation (“L3Harris”), entered into an Agreement and Plan of Merger (the “Merger Agreement”), with Aerojet Rocketdyne Holdings, Inc., a Delaware corporation (“Aerojet Rocketdyne”), and Aquila Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of L3Harris (“Merger Sub”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/202058/000110465922128031/0001104659-22-128031-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.