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17.08.26 - 13:33
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L3Harris Technologies Appoints Sam Mehta, Proven Aerospace and Defense Executive, as President and Chief Executive Officer (Business Wire)
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Lewis Hay III Named Independent Chairman of the Board
Lauren Barnes Appointed President of Space & Mission Systems and Christopher Aebli Appointed President of Communications & Spectrum Dominance
Christopher Kubasik Steps Down as Chairman and CEO
Reaffirms 2026 Consolidated Revenue, Organic Growth, Segment Operating Margin, GAAP Earnings Per Share and Free Cash FlowMELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) today announced that its Board of Directors has appointed Sam Mehta as President and Chief Executive Officer and a member of the Board. In addition, Lewis Hay III, L3Harris' Lead Independent Director, has been named Independent Chairman of the Board. Christopher Kubasik has stepped down as Chairman and CEO and as a member of the Board. These changes are effective immediately.
Mehta joined L3Harris in 2023 and has more than 25 years of strategic and operational leadership experience across the aerospace and defense industry. He is a member of the L3Harris executive team. In his...
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04.08.26 - 11:24
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AE Industrial Closes Purchase of L3Harris′s Space Propulsion, Power and Electronics Units Establishing the Business as Rocketdyne (Business Wire)
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Aerospace Veteran Kristin Houston to Serve as Chief Executive Officer
Investment Will Ramp Up In-Space Propulsion Thrusters, Power, and Nuclear Energy Solutions for Space ApplicationsBOCA RATON, Fla.--(BUSINESS WIRE)--AE Industrial Partners, LP (“AE Industrial” or the “Firm”), a private investment firm focused on technologies and services critical to national and economic security, has finalized the acquisition of the space propulsion, power and electronics units from L3Harris Technologies (“L3Harris”), and is launching the entity as Rocketdyne (the “Company”). L3Harris will retain a minority stake in the business and continue to be a strategic partner.
The transaction re-establishes Rocketdyne as an independent company with more than 60 years of spaceflight heritage and a proven track record across civil, commercial, and national security space. With demand across the Company's markets accelerating, driven by geopolitical competition and record government investment in space, Rocketdyne ...
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