Wait, don't miss out on the latest GovCon industry news!

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings

*By clicking "Join us now" you agree to receive email, promotions and general messages from GovCon Wire, In addition, you also agree to GovCon Wire Privacy Policy and Terms & Conditions.

X Remind me Later

L3Harris Reorganizes Businesses Into 3 Segments; Christopher Kubasik Quoted

L3Harris Technologies (NYSE: LHX) is streamlining its core businesses into three segments focused on communication systems, integrated mission systems and space and airborne systems.

“Our business segments will continue to lead market innovation in their focus areas, fueling advanced solutions for the toughest operational challenges,” Christopher Kubasik, vice chair and CEO of L3Harris and a three-time Wash100 Award winner, said in a statement published Monday.

In July 2019, L3Harris unveiled four business segments after the company was formed through the merger of defense contractors L3 Technologies and Harris. Those segments were integrated mission systems; space and airborne systems; communications systems; and aviation systems.

In the same year, the Melbourne, Florida-based aerospace and defense technology contractor started the process of shaping its portfolio with a focus on high-growth, tech-differentiated businesses to enable a streamlined business structure.

“Our intent remains clear: Be the trusted disruptor for U.S., allied, and partner national security endeavors,” Kubasik said.

He added the company expects the lean approach to deliver resilient, end-to-end and innovative platforms in support of customers’ missions.

Video of the Day

GovCon Wire Logo

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings about M&A Activity

Related Articles