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L3Harris Ousts CEO Kubasik over Conduct Breach, Names Insider Mehta as Replacement
The defense contractor also named Lewis Hay III independent chairman and reaffirmed its 2026 financial guidance.
- On Monday, L3Harris Technologies appointed Sam Mehta as President and CEO, effective immediately, following the departure of Christopher Kubasik after a board investigation.
- The board's investigation determined Kubasik's conduct was inconsistent with the company's code of conduct, though L3Harris stated the exit was unrelated to financial reporting or operational performance.
- Mehta, who previously led divisions accounting for about 80% of L3Harris total revenue, assumes the role as the company reaffirmed its 2026 consolidated revenue and free cash flow guidance.
- Lewis Hay III, L3Harris' Lead Independent Director, was named Independent Chairman of the Board, while shares fell 3% in premarket trading following the announcement.
- L3Harris remains committed to its previously announced $3 billion capital buildout to increase solid rocket motor production and strengthen supply chains for critical national defense needs.
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Leaning Left3Leaning Right6Center16Last UpdatedBias Distribution64% Center
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64% Center
12%
C 64%
R 24%
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