EOTech Sold to Private Management Firm
- Thread starter Decoy
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SO L3 Harris makes public safety radios and sells public safety radios to the us gov ,state and local governments as well. It seems to me L3 should keep it instead of selling it. They could work EOTech in as part of a package deal government entries as well.
Gonna see lots of small and or specialty companies bought out during this “crisis”
Want to keep a close eye to ensure there isn’t a pattern of buying (only to trash or dismantle) companies that support freedom/shooting and readiness related sports
My guess: L3Harris is consolidating its lines of effort.
Eotech's private industry sales are probably a lot more than its gov sales at this point, which made it stick out. Given that it is also almost certainly a tiny fraction of their income and it likely is seen as a potential political risk, they probably sold it to a smaller group of interested investors. Possibly board members?
One thing that is interesting is that L3Harris has the contract with the Army for next gen NVGs, and EOTECH was a supplier of image intensifier tubes for that contract. I'm guessing the NVG stuff has likely been consolidated with L3Harris prior to the sale?
Eotech's private industry sales are probably a lot more than its gov sales at this point, which made it stick out. Given that it is also almost certainly a tiny fraction of their income and it likely is seen as a potential political risk, they probably sold it to a smaller group of interested investors. Possibly board members?
One thing that is interesting is that L3Harris has the contract with the Army for next gen NVGs, and EOTECH was a supplier of image intensifier tubes for that contract. I'm guessing the NVG stuff has likely been consolidated with L3Harris prior to the sale?
Be very interesting to find THAT out though, wouldn’t it?
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