L3Harris Technologies announced closing its acquisition of Viasat Inc.’s (NASDAQ: VSAT) Tactical Data Links product line – commonly known as Link 16 – for approximately $1.96 billion, subject to customary adjustments.

The company announced the signing of a definitive agreement to acquire the TDL network in October 2022 and secured U.S. and allied partner regulatory approvals in December.

Source: businesswire.com