L3Harris (NYSE: LHX) taps Ken Sharp as CFO, lines up Missile Solutions IPO

Rhea-AI Filing Summary

L3Harris Technologies has appointed Kenneth (Ken) Sharp as Senior Vice President and Chief Financial Officer, effective March 16, 2026, succeeding Ken Bedingfield, who will focus on leading the Missile Solutions segment as its President.

Sharp will receive an annual base salary of $875,000, target annual cash incentive equal to 100% of salary, and annual equity awards targeted at $3,250,000. He will also receive a one-time restricted stock unit grant valued at $3,500,000, a $1,000,000 cash sign-on bonus subject to a 24‑month clawback, and relocation benefits including a $10,000 allowance. L3Harris states that Bedingfield will lead Missile Solutions as it scales solid rocket motor production and prepares for an initial public offering later in 2026.

Insights

Defense sector and corporate governance analyst

L3Harris realigns leadership, adds experienced CFO, and signals a planned Missile Solutions IPO.

L3Harris Technologies is installing Ken Sharp as CFO while moving current CFO Ken Bedingfield to focus fully on the Missile Solutions segment. Sharp’s package combines competitive salary, sizeable incentive targets, and significant make-whole equity and cash to compensate for awards left at his prior employer.

The company highlights Missile Solutions’ role in meeting urgent solid rocket motor demand and explicitly references preparation for an initial public offering later in 2026. This suggests a potential future separation of that business, but the excerpt does not include terms, structure or timing beyond “later this year.”

From a governance perspective, Sharp’s background across major defense and technology firms and the absence of related-party relationships are emphasized. Subsequent disclosures around Missile Solutions’ IPO, including valuation and capital structure, will determine how this leadership shift translates into financial outcomes.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 26, 2026

L3HARRIS TECHNOLOGIES, INC.

(Exact name of registrant as specified in its charter)

Delaware

1-3863

34-0276860

(State or other jurisdiction  of incorporation)

(Commission  File Number)

(I.R.S. Employer  Identification No.)

1025 West NASA Boulevard

Melbourne,

Florida

32919

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code: (321) 727-9100

No change

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, par value $1.00 per share

LHX

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Emerging growth company			☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.			☐

Item 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Appointment of New Senior Vice President and Chief Financial Officer

On March 2, 2026, L3Harris Technologies, Inc. (“L3Harris” or the “Company”) announced that Kenneth Sharp has been named Senior Vice President and Chief Financial Officer of L3Harris, effective March 16, 2026 (the “Effective Date”). Mr. Sharp succeeds Kenneth Bedingfield, who will focus exclusively on leading the Missile Solutions segment as President of Missile Solutions.

Mr. Sharp, 55, joins L3Harris from Peraton, Inc., a privately held national security company, where he served as Chief Financial Officer since 2023. He previously served as Executive Vice President and Chief Financial Officer of DXC Technology Company, a publicly traded global IT services company, from 2020 to 2023. From 2016 to 2020, Mr. Sharp was Vice President, Chief Financial Officer Defense Systems at Northrop Grumman Corporation. He began his career as an auditor at Ernst & Young and is a veteran of the Marine Corps, having served in Operations Desert Shield and Desert Storm. He holds an MBA from The George Washington University and a BS in accounting from the University of Maryland.

Offer Letter Agreement with Mr. Sharp

In connection with the transition, Mr. Sharp and L3Harris entered into an offer letter agreement on February 26, 2026 (the “Offer Letter Agreement”).

The Offer Letter Agreement, which was previously approved by the Compensation Committee of L3Harris’ Board of Directors, provides for the following compensation and benefits:

•annual base salary of $875,000;

•eligibility to receive an annual cash incentive under with a target value of 100% of his base salary;

•eligibility to receive annual equity with a target value of $3,250,000, under terms and conditions consistent with grants to L3Harris’ other executive officers;

•a one-time grant of (i) restricted stock units valued at $3,500,000 to offset forgone equity at his prior employer, vesting ratably over four years;

•eligibility to participate in L3Harris’ retirement, employee health, welfare and benefit plans;

•a $1,000,000 cash sign on bonus to offset foregone incentive, subject to a 24-month clawback; and

•relocation benefits, including a $10,000 expense allowance payment.

Mr. Sharp will also be covered by severance and change in control plans applicable to L3Harris’other executive officers. The foregoing description of the terms and conditions of Mr. Sharp’s Offer Letter Agreement is not complete, and should be read in conjunction with the complete text of the Offer Letter Agreement, which L3Harris expects to file as an exhibit to its Quarterly Report on Form 10-Q for the quarter ending April 3, 2026.

Mr. Sharp’s appointment was not pursuant to any arrangement or understanding with respect to any other person. In addition, there are no family relationships between Mr. Sharp and any director or other executive officer of L3Harris, and there are no related persons transactions between L3Harris and Mr. Sharp reportable under Item 404(a) of Regulation S-K.

Item 7.01 Regulation FD Disclosure.

On March 2, 2026, L3Harris issued a press release announcing Mr. Sharp’s appointment as Senior Vice President and Chief Financial Officer of L3Harris. A copy of the press release is furnished with this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference.

1

Item 9.01 Financial Statements and Exhibits.

     (d) Exhibits.

      The following exhibits are provided herewith:

Exhibit Number			Description
99.1			Press Release issued by L3Harris Technologies, Inc. on March 2, 2026, (furnished pursuant to Item 7.01)
104			Cover Page Interactive Data File formatted in Inline XBRL

2

SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

L3HARRIS TECHNOLOGIES, INC.

By:

/s/ Christoph Feddersen

Name:

Christoph Feddersen

Date: March 2, 2026

Title:

Senior Vice President, General Counsel and Secretary

3

Exhibit 99.1

News Release

FOR IMMEDIATE RELEASE

Media Contact:

Sara Banda

Corporate

Media@L3Harris.com

321-306-8927

L3Harris Appoints Ken Sharp Senior Vice President and Chief Financial Officer, Ken Bedingfield President of Missile Solutions

MELBOURNE, Fla., March 2, 2026 — L3Harris Technologies (NYSE: LHX) today announced the appointment of Kenneth (Ken) Sharp as Senior Vice President and Chief Financial Officer (CFO), effective March 16. Kenneth (Ken) Bedingfield will focus exclusively on leading the Missile Solutions segment and rapidly scaling solid rocket motor manufacturing to meet the nation’s urgent missile demand. He will also be responsible for the eventual initial public offering of Missile Solutions.

Sharp, 55, brings more than 30 years of financial leadership in defense and technology, with a proven record of driving growth and strengthening financial operations. He joins L3Harris from national security company Peraton Inc., where he served as Executive Vice President and CFO. Previously, Sharp was CFO of DXC Technology, a publicly traded global IT services company, and CFO of Northrop Grumman’s Defense Systems business. He began his career as an auditor at Ernst & Young and is a veteran of the Marine Corps, having served in Operations Desert Shield and Desert Storm.

“I’m delighted to welcome Ken to our leadership team,” said Christopher Kubasik, Chairman and CEO, L3Harris. “He brings relevant expertise, operational rigor, and a deep appreciation for the responsibility we carry in serving our customers and warfighters. I’d also like to congratulate Ken Bedingfield, who will dedicate his full attention to leading Missile Solutions as it prepares for its initial public offering later this year. His experience, business knowledge and leadership will ensure accelerated production of solid rocket motors for critical defense programs.”

“I am honored to join L3Harris at such an important time for the company and the industry,” said Sharp. “L3Harris has an exceptional portfolio of mission-critical technologies and a strong commitment to innovation. I look forward to working alongside Chris and the leadership team to support our customers’ missions and creating long-term value for all our stakeholders.”

About L3Harris Technologies

L3Harris is the Trusted Disruptor in defense tech. With customers’ mission-critical needs always in mind, our employees deliver end-to-end technology solutions connecting the space, air, land, sea and cyber domains in the interest of national security. Visit L3Harris.com for more information.

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. Statements about an initial public offering is forward-looking and is subject to risks and uncertainties, including market conditions, regulatory developments and risks related to the proposed transaction with the Department of War. 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.

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FAQ

What executive leadership changes did L3Harris (LHX) announce in this 8-K filing?

L3Harris announced that Kenneth (Ken) Sharp will become Senior Vice President and Chief Financial Officer on March 16, 2026, while current CFO Ken Bedingfield will focus exclusively on leading the Missile Solutions segment as its President.

What is Ken Sharp’s compensation package as L3Harris (LHX) Chief Financial Officer?

Ken Sharp will receive an $875,000 annual base salary, target annual cash incentive equal to 100% of salary, annual equity awards targeted at $3,250,000, a one-time $3,500,000 restricted stock unit grant, a $1,000,000 sign-on bonus, and relocation benefits including a $10,000 allowance.

What did L3Harris (LHX) say about its Missile Solutions segment and future IPO plans?

L3Harris stated that Ken Bedingfield will lead Missile Solutions, focusing on rapidly scaling solid rocket motor manufacturing to meet urgent missile demand. The company also indicated that Missile Solutions is preparing for an initial public offering expected to occur later in 2026.

Does L3Harris (LHX) disclose any related-party or family relationships for new CFO Ken Sharp?

L3Harris reports that there are no family relationships between Ken Sharp and any director or executive officer and that there are no related-person transactions involving Sharp that are reportable under Item 404(a) of Regulation S-K.

What one-time awards and protections will Ken Sharp receive at L3Harris (LHX)?

Ken Sharp will receive a one-time $3,500,000 restricted stock unit grant vesting over four years and a $1,000,000 cash sign-on bonus with a 24-month clawback. He will also participate in L3Harris’ severance and change-in-control plans for executive officers.

How did L3Harris (LHX) communicate Ken Sharp’s appointment to the market?

L3Harris issued a press release on March 2, 2026 announcing Ken Sharp’s appointment as Senior Vice President and CFO and Ken Bedingfield’s role as President of Missile Solutions. The release is furnished as Exhibit 99.1 to the current report.

Filing Exhibits & Attachments

4 documents

Press Releases

• EX-99.1 EX-99.1 9.0 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 1.7 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 21.4 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 12.2 KB