Former Peraton Finance Chief Takes Reins Amid Missile Business Spinoff

L3Harris has named Kenneth Sharp, former Peraton finance chief, as its new chief financial officer. Sharp will take over from current CFO Ken Bedingfield, who will focus on leading the company’s missile business ahead of its initial public offering in late 2026. The Defense Department has committed to investing $1 billion in the spinoff, which is expected to grow significantly in the coming years. According to Breaking Defense, the missile business is anticipated to expand from $3.8 billion in 2025 to $6.3 billion in 2028.