What changed
L3Harris Technologies appointed Sam Mehta as President and CEO effective immediately, with Lewis Hay III becoming Independent Chairman. Christopher Kubasik stepped down as Chairman and CEO after conduct unrelated to financial reporting, controls, customer relationships or operational performance. Lauren Barnes was named President of Space Mission Systems and Christopher Aebli President of Communications Spectrum Dominance. The company reaffirmed its 2026 consolidated revenue, organic growth, segment operating margin, GAAP earnings per share and free cash flow.
Why it matters
L3Harris Technologies appointed Sam Mehta as President and CEO effective immediately, with Lewis Hay III becoming Independent Chairman. Christopher Kubasik stepped down as Chairman and CEO after conduct unrelated to financial reporting, controls, customer relationships or operational performance. Lauren Barnes was named President of Space Mission Systems and Christopher Aebli President of Communications Spectrum Dominance. The company reaffirmed its 2026 consolidated revenue, organic growth, segment operating margin, GAAP earnings per share and free cash flow.