Wire flash
FinanceChristopher Kubasik, CEO of defense contractor L3Harris Technologies, was ousted after an investigation found he violated the company's code of conduct. The $52 billion company, which recently overhauled a Qatari plane used as Air Force One and secured a $1 billion U.S. government investment in a rocket motor unit, parted ways with Kubasik without severance. L3Harris stated the alleged behavior would not impact financial performance, business relationships, or operations. The specific nature of the violation was not disclosed, and the company did not respond to requests for comment. The ousting drew attention due to Kubasik's veteran status and the company's significant recent developments.
Yahoo FinanceWestern
L3Harris Ousts CEO Chris Kubasik Over Code of Conduct Violation