L3Harris names Sam Mehta CEO after Kubasik exits over conduct issues

L3Harris Technologies (NYSE: LHX) has appointed Sam Mehta as President and Chief Executive Officer, effective immediately, following the departure of Christopher Kubasik, who stepped down as Chairman and CEO after the company's board determined his conduct was inconsistent with its Code of Conduct.

The company stated the conduct in question was unrelated to financial reporting, controls, customer relationships, or operational performance. Following an investigation conducted with the assistance of independent counsel, the board entered into a separation agreement with Kubasik.

Mehta joined L3Harris in January 2023 and has more than 25 years of experience in the aerospace and defense industry. He most recently served as President of the Space & Mission Systems and Communications & Spectrum Dominance segments, which together account for more than 80% of L3Harris' total revenue. Prior to joining L3Harris, he held leadership roles at Collins Aerospace, a unit of RTX Corporation, and spent more than 17 years at Sikorsky Aircraft.

Lewis Hay III, previously the company's Lead Independent Director, has been named Independent Chairman of the Board. Hay has been a member of the L3Harris board since 2002.

In connection with Mehta's appointment, Lauren Barnes has been named President of Space & Mission Systems and Christopher Aebli has been appointed President of Communications & Spectrum Dominance, both effective immediately.

L3Harris also reaffirmed its 2026 guidance for consolidated revenue, organic growth, segment operating margin, GAAP earnings per share, and free cash flow. The company said it remains committed to a previously announced $3 billion capital buildout to increase solid rocket motor production.

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