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New L3Harris Technologies CEO Expanding Company’s Focus on International Partnerships

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L3Harris Technologies (NYSE: LHX) welcomes new CEO Christopher E. Kubasik, who aims to enhance global partnerships and expand the company's technological capabilities. With a workforce of 48,000 and operations in over 100 countries, L3Harris generates around 20% of its revenue internationally. Kubasik emphasizes the company's commitment to developing end-to-end solutions across various domains, including air, land, sea, space, and cyber. L3Harris is leveraging significant R&D investments to create exportable technologies, addressing diverse security and economic needs worldwide.

Positive
  • New CEO Christopher E. Kubasik focuses on expanding global partnerships.
  • 20% of revenue from international customers indicates significant global presence.
  • Investment in R&D for exportable solutions across multiple domains.
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  • None.

L3Harris Technologies’ (NYSE: LHX) new CEO, Christopher E. Kubasik, expects to expand the company’s focus on partnering with countries around the world to introduce new technologies and help increase economic prosperity and safety in the regions.

Kubasik, who succeeded William M. Brown yesterday as the second CEO in the company’s history, said L3Harris is poised to address customers’ demand for complete end-to-end solutions and to grow its global presence.

“I look forward to travelling again to develop new partnerships and to expand existing relationships, helping our allies overcome their toughest technology challenges,” Kubasik said. “As the leading defense technology provider, we have tremendous capabilities and resources to help allies address their economic, industrial and security needs.”

L3Harris is a global company with a workforce of 48,000 people and operations around the world supporting customers in more than 100 countries. Approximately 20 percent of L3Harris’ revenue comes from customers outside the United States, with the company working to expand its strategic partnerships and grow its global business footprint.

The company is using its industry-leading research and development investments to create exportable solutions for international markets across all domains – air, land, sea, space, and cyber – with emphasis on communication modernization, aircraft missionization, fighter aircraft upgrades and expansions, maritime expansion and autonomy, and multi-domain integration.

About L3Harris Technologies

L3Harris Technologies is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers’ mission-critical needs. The company provides advanced defense and commercial technologies across air, land, sea, space and cyber domains. L3Harris has approximately $18 billion in annual revenue and 48,000 employees, with customers in more than 100 countries. L3Harris.com.

Forward-Looking Statements

This press release contains forward-looking statements that reflect management's current expectations, assumptions and estimates of future performance and economic conditions. Such statements are made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The company cautions investors that any forward-looking statements are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements. L3Harris disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

FAQ

What are the main goals of new CEO Christopher E. Kubasik at L3Harris (LHX)?

Kubasik aims to enhance global partnerships and introduce new technologies to support economic prosperity and safety.

How much revenue does L3Harris (LHX) generate from international customers?

Approximately 20% of L3Harris' revenue comes from customers outside the United States.

What is L3Harris Technologies' focus in terms of technology solutions?

L3Harris focuses on creating end-to-end solutions across air, land, sea, space, and cyber domains.

How many employees does L3Harris (LHX) have?

L3Harris employs around 48,000 people globally.

L3Harris Technologies, Inc.

NYSE:LHX

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