...- On June 29, 2019, Harris Corp. and L3 Technologies Inc. closed their all-stock merger. The combined company is now called L3Harris Technologies Inc.(L3Harris). - We are raising our issuer credit rating on L3Harris to '###' from '###-' and are removing all of our ratings on the company from CreditWatch, where we placed them with positive implications on Oct. 16, 2018. - At the same time, we are raising our issue-level rating on the company's unsecured debt, including the debt remaining at L3 Technologies Inc. (which will become a subsidiary of the new company), to '###' from '###-'. - We are also raising our short term issuer credit rating on L3Harris as well as its commercial paper program to 'A-2' from 'A-3'. - The stable outlook reflects our expectation that although the company's credit measures will continue to improve over our forecast period, management will likely aggressively return cash to its shareholders....
