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L3Harris Fires CEO Christopher Kubasik, Names Sam Mehta

8/17/2026

35 5 Full Breakdown

Summary

Story summary

L3Harris Technologies removed CEO Christopher Kubasik after its board determined his conduct violated the company code.
Sam Mehta, formerly head of Space & Mission Systems and Communications & Spectrum Dominance, was appointed as the new CEO.
L3Harris shares fell about 2.5% early and roughly 3% later that morning.
The Missile Solutions spin-off was delayed to at least mid-2027, postponing the Pentagon’s planned $1 billion stake.

History

Historical Context

After the 2003 U.S. Air Force decision to lease 100 KC-767 tankers sparked a corruption probe that forced Boeing CEO Philip Condit to resign and led the board to oust Harry Stonecipher in March 2005, Boeing showed that boards will act swiftly to protect defense contracts. L3Harris’s 2024 removal of Christopher Kubasik follows that same precedent.

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Story summary

L3Harris Technologies removed CEO Christopher Kubasik after its board determined his conduct violated the company code.
Sam Mehta, formerly head of Space & Mission Systems and Communications & Spectrum Dominance, was appointed as the new CEO.
L3Harris shares fell about 2.5% early and roughly 3% later that morning.
The Missile Solutions spin-off was delayed to at least mid-2027, postponing the Pentagon’s planned $1 billion stake.

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