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L3Harris has appointed Kenneth Sharp as its new CFO, effective March 16, taking over from Ken Bedingfield, who will concentrate on the missile business ahead of its spin-off in late 2026. Sharp brings extensive experience from his previous roles at Peraton and DXC.

During an investor day, L3Harris CEO Chris Kubasik highlighted a $1 billion investment from the Defense Department, which is expected to bolster the missile business's growth from $3.8 billion in 2025 to $6.3 billion by 2028. The company plans to modernize facilities and integrate AI and robotics in production.