L3Harris Fires CEO Christopher Kubasik Over Code of Conduct Violation, Names Sam Mehta as Replacement

L3Harris Technologies ousted Christopher Kubasik as Chairman and Chief Executive Officer effective immediately on Monday after its board determined he had engaged in conduct inconsistent with the company's values and code of conduct. The departure, which also removed Kubasik from the board, was described as unrelated to L3Harris's financial reporting, internal controls, customer relationships, or operational performance. The board appointed Sam Mehta, who joined L3Harris in 2023 and most recently served as President of the Space and Mission Systems and Communications and Spectrum Dominance segments, as the new President and CEO.

Lewis Hay III, the company's Lead Independent Director, was simultaneously named Independent Chairman of the Board. Two additional leadership moves accompanied the announcement: Lauren Barnes was appointed President of Space and Mission Systems and Christopher Aebli as President of Communications and Spectrum Dominance. L3Harris shares fell more than 4% following the news.

Despite the executive shake-up, the company reaffirmed its full-year 2026 outlook for consolidated revenue, organic growth, segment operating margin, GAAP earnings per share, and free cash flow.