{"id":54988,"date":"2018-10-13T23:24:13","date_gmt":"2018-10-13T23:24:13","guid":{"rendered":"https:\/\/one.sightlinemg.com\/defensenews\/uncategorized\/2018\/10\/13\/reported-l3-harris-merger-would-create-seventh-largest-defense-firm-in-the-world\/"},"modified":"2026-08-08T00:05:57","modified_gmt":"2026-08-08T00:05:57","slug":"reported-l3-harris-merger-would-create-seventh-largest-defense-firm-in-the-world","status":"publish","type":"post","link":"https:\/\/one.sightlinemg.com\/defensenews\/industry\/2018\/10\/13\/reported-l3-harris-merger-would-create-seventh-largest-defense-firm-in-the-world\/","title":{"rendered":"Reported L3, Harris merger would create seventh largest defense firm in the world"},"content":{"rendered":"\n

WASHINGTON \u2014 A reported merger between L3 and Harris would create the seventh-largest defense company in the world, one which could become a prohibitive favorite for military communication contracts coming from the Pentagon.<\/p>\n\n\n\n

The potential deal, first reported Saturday by the Wall Street Journal<\/a>, would be positioned as a merger of two equals as opposed to one buying the other outright. The Journal noted that the deal was being worked and could still fall apart.<\/p>\n\n\n\n

According to the Defense News Top 100<\/a>, the industry standard ranking of the largest defense firms in the world, in fiscal year 2017 L3 ranked 12th overall, with total revenues of $9.57 billion and total defense revenues of $7.75 billion. Harris, ranked 19th overall, had total revenue of just under $6 billion and $4.15 billion in defense revenues.<\/p>\n\n\n\n

Combined, the two would have total revenues of $15.57 billion, and the defense revenue total of $11.9 billion would put the company at number seven of the rankings \u2014 ahead of notable defense firms like Airbus, Almaz-Antey, Thales and Leonardo. (Those numbers reflect FY17 figures, and are expected to have grown since then.)<\/p>\n\n\n\t