What Happened
Defense Contractor Names New Chief After Investigation
L3Harris Technologies has parted ways with Chairman and CEO Christopher Kubasik following an investigation into alleged violations of the company’s code of conduct. The Melbourne, Florida-based defense contractor stated that Kubasik’s conduct did not involve financial reporting, controls, customer relationships, or operational performance. A new CEO has been appointed from within the company, specifically the head of the space and communications systems business. This development was first reported by an unknown source.