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L3harris

All articles tagged with #l3harris

business7 days ago•29 min saved

L3Harris CEO Exits After Conduct Probe, Board Reshapes Leadership

L3Harris Technologies announced that Chairman and CEO Christopher Kubasik has stepped down after an investigation into conduct inconsistent with the company’s values. The separation is unrelated to financials or operations; Sam Mehta was named president and CEO and joined the board, with lead independent director Lewis Hay III becoming independent chairman. Kubasik also resigned from the board, and the leadership changes took effect immediately.

via 13wham.com|

#business #christopher-kubasik #independent-counsel

business8 days ago•4 min saved

L3Harris fires CEO over conduct; Mehta to lead the defense contractor

L3Harris Technologies ousted CEO Chris Kubasik after an independent probe found conduct not aligned with the company’s values and appointed Sam Mehta as President and CEO; shares fell more than 4%. The company said the departure was not tied to financials or operations, and Kubasik will forgo a 2026 bonus but keep about 384,000 stock options under a separation agreement. Semafor reported the investigation cited an inappropriate relationship with an employee. The move comes as a DoD investment in L3Harris’s missile business progresses and the related IPO is delayed; Kubasik previously faced ethics scrutiny at Lockheed Martin in 2012. Independent director Lewis Hay III was named independent chairman.

via cnbc.com|

#business #ceo-ouster #kubasik

business8 days ago•3 min saved

L3Harris shakes up leadership as Kubasik is ousted, Mehta named CEO

L3Harris fired chairman and CEO Chris Kubasik after a conduct violation and named Sam Mehta as CEO with Lewis Hay becoming chairman; the news led to a roughly 3% stock drop, but analysts expect no lasting impact on its core defense business, and the company reaffirmed its 2026 guidance and a $3 billion plan to expand solid rocket motor production.

via Breaking Defense|

#business #code-of-conduct #kubasik-ouster

business8 days ago•1 min saved

L3Harris fires CEO after independent probe into subordinate relationship

L3Harris says its board ousted CEO Chris Kubasik after an independent investigation found conduct inconsistent with the company's code of conduct, with the probe conducted by an outside firm; Kubasik previously was fired by Lockheed Martin in 2012 over a similar issue involving a relationship with a subordinate, and his ouster comes after he helped merge L3 and Harris and led the combined company.

via Semafor|

#business #chris-kubasik #corporate-governance

defense14 days ago•2 min saved

Air Force One’s defenses go deeper than the call sign

Facing an Iranian threat, presidential travel reportedly involved a secret plane switch, with a Qatar-gifted ‘Bridge’ jet used to relieve pressure on the VC-25A fleet and a smaller aircraft later in the trip. The modified Qatari jet carries mission communications and security features but reportedly lacks some advanced anti-missile defenses of the standard Air Force One. The core takeaway is that presidential protection relies on the aircraft’s hardened systems—EMP shielding, ballistic armor, secure communications, self-defense capabilities, and in-flight refueling—rather than the Air Force One call sign alone, even as the VC-25B program remains delayed and costly.

via Axios|

#air-force-one #defense #l3harris

politics1 month ago•2 min saved

Qatar-donated Air Force One to receive enhanced security upgrades

Trump says the Qatar-donated Air Force One replacement will be sent off for upgrades to boost security features, including missile-defense capabilities; the jet, refitted by L3Harris, serves as a temporary stand-in while Boeing's next-generation 747-8s are delayed to mid-2028, with critics questioning the gift's propriety and cost as Times reporters face subpoenas over security-feature reporting.

via Defense News|

#air-force-one #l3harris #politics

technology1 month ago•23 min saved

Qatar-Donated Air Force One Heads Back to Texas for Security Upgrades

After a rushed 10-month conversion, the Qatar-donated 747 serving as interim Air Force One is headed to a Texas facility for a four-week retrofit to add modular defensive systems (missile-warning sensors, DIRCM/infrared countermeasures, chaff and flare dispensers) to close a survivability gap. The upgrade aims to improve protection, but the aircraft is not yet at the full defensive standard of the legacy VC-25A fleet, while Boeing’s next-generation VC-25B isn’t due until mid-2028, indicating this is a staged modernization rather than a complete rebuild.

via Luxurylaunches|

#air-force-one #dircm #l3harris

technology1 month ago•2 min saved

NASA tests automated in-space refueling tech for deep-space missions

NASA and L3Harris are testing an automated cryocoupler to enable propellant transfer between spacecraft in Earth orbit, a key step for deep-space missions. The device acts like a fuel nozzle for orbital depots and can transfer cryogenic propellants (liquid hydrogen and oxygen) without astronauts performing spacewalks. Early tests used liquid nitrogen at extreme temperatures and included misalignment simulations; future tests will be tailored to specific mission requirements.

via Engadget|

#cryocoupler #cryogenic-propellants #in-orbit-refueling

technology2 months ago•25 min saved

Bridge Jet: How a Qatar-Gifted 747-8i Becomes the Interim Air Force One

L3Harris converted a Qatar-gifted Boeing 747-8i into the interim VC-25B Bridge for Air Force One after Boeing’s VC-25B program was delayed, completing the work in about 10 months. The piece details how L3Harris missionized the aircraft, ensured secure, high-bandwidth communications, built training and sustainment programs, preserved much of the interior, and planned for a fleet of VC-25Bs while keeping the project aligned with White House and Air Force requirements.

via The War Zone|

#air-force-one #aircraft-modification #l3harris

defense6 months ago•10 min saved

Red Wolf Brings Standoff Firepower to the OA-1K Skyraider II

L3Harris envisions integrating the Red Wolf miniature cruise missile with the OA-1K Skyraider II to give the aircraft a true standoff strike capability, potentially expanding its role in future high-end conflicts. The Wolf family also includes Green Wolf (electronic warfare) and broader “launched effects” concepts, with cross-service interest (e.g., U.S. Marines’ PSAM program). But questions remain about range, survivability, and the overall benefit of arming the OA-1K in contested environments.

via The War Zone|

#defense #l3harris #launched-effects

defense7 months ago•7 min saved

Pentagon backs L3Harris rocket-motor spinoff with $1B investment

The Pentagon will provide a $1 billion anchor investment to L3Harris’s Missile Solutions spinoff (born from Aerojet Rocketdyne) to expand solid rocket motor production for key missiles including the Army’s PAC-3/THAAD and the Navy’s Tomahawk, fund facility modernization, and enable multiyear procurement agreements. The standalone company is slated for a late-2026 IPO, with L3Harris maintaining controlling interest; the move is part of a direct-to-supplier strategy to bolster the U.S. munitions supply chain.

via Defense News|

#aerospace #defense #l3harris

defense7 months ago•13 min saved

DoW Launches $1 Billion Direct-to-Supplier Investment to Expand Solid Rocket Motor Capacity

The U.S. Department of War and L3Harris sign a letter of intent for a $1 billion convertible preferred equity investment to create Missile Solutions, expanding domestic solid rocket motor capacity and enabling multi-year procurement deals (pending Congressional authorization). The investment will modernize facilities, strengthen the munitions industrial base, and stockpile readiness, with a second-half-2026 IPO planned for the new public company.

via U.S. Department of War (.gov)|

#acquisition-transformation-strategy #defense #direct-to-supplier

defense7 months ago•3 min saved

Pentagon backs L3Harris rocket-motor unit, eyeing 2026 IPO

The Pentagon will invest $1 billion in L3Harris’s rocket-motor business, carving out a Missile Solutions unit into a new majority-controlled entity that will go public in 2026 via an IPO backed by a government convertible security, securing steady supply of solid rocket motors for missiles like Patriot and Tomahawk under a Go Direct-to-Supplier strategy; the arrangement could draw regulatory scrutiny over conflicts of interest as it ties government equity to a defense contractor.

via CNBC|

#defense #ipo-2026 #l3harris

business7 months ago•1 min saved

L3Harris Sells 60% Space Propulsion Stake to AE Industrial for $845M

L3Harris is selling a 60% stake in its space propulsion business to AE Industrial Partners for $845 million to shift focus towards defense, while reorganizing into three segments to better align with future warfare needs; the deal also aims to accelerate propulsion tech development, including nuclear propulsion for Mars exploration, with the transaction expected to close in late 2026.

via Reuters|

#ae-industrial-partners #business #defense-focus

business7 months ago•3 min saved

L3Harris Nears Sale of Space Propulsion Stake to AE Industrial for $845M

L3Harris Technologies plans to sell a 60% stake in its space propulsion business to AE Industrial Partners for $845 million, while retaining a 40% stake and the RS-25 engine program. The deal aims to refocus L3Harris on core defense priorities, and AE Industrial intends to revive the Rocketdyne brand and collaborate on future propulsion technologies, including nuclear propulsion for deep-space exploration.

via SpaceNews|

#ae-industrial #aerojet-rocketdyne #business