hrs-202209270000202058false00002020582022-09-272022-09-27
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): September 27, 2022 (September 26, 2022)
L3HARRIS TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
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Delaware | | 1-3863 | | 34-0276860 |
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(State or other jurisdiction
of incorporation) | | (Commission
File Number) | | (I.R.S. Employer
Identification No.) |
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| 1025 West NASA Boulevard | | |
| Melbourne, | Florida | | | 32919 |
| (Address of principal executive offices) | | (Zip Code) |
Registrant’s telephone number, including area code: (321) 727-9100
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| No change |
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| (Former name or former address, if changed since last report) |
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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) |
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☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
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| 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 |
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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. |
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Emerging growth company | ☐ |
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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.
On September 26, 2022, L3Harris Technologies, Inc. (“L3Harris”) announced that Sean Stackley, currently President of L3Harris’ Integrated Missions Systems segment (“IMS”), has been named Senior Vice President, Strategy & Growth, effective October 17, 2022, and will cease to serve as President of IMS on such date.
Item 8.01 Other Events.
Also on September 26, 2022, L3Harris issued a press release announcing that Jon Rambeau, a 26-year a veteran of the aerospace and defense industry, will be joining L3Harris as President of IMS simultaneously with Mr. Stackley’s transition to Senior Vice President, Strategy & Growth. A copy of the press release is furnished herewith as exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
The following exhibit is filed herewith:
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Exhibit
Number | Description |
| 99.1 | |
| 104 | Cover Page Interactive Data File formatted in Inline XBRL |
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.
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| L3HARRIS TECHNOLOGIES, INC. | |
| By: | /s/ Scott T. Mikuen | |
| | Name: | Scott T. Mikuen | |
| Date: September 27, 2022 | | Title: | Senior Vice President, General Counsel and Secretary | |
Media Contact Information
Paul Swiergosz
Corporate
321-378-5631
Jon Rambeau Named as New President of L3Harris’ Integrated Missions Systems Segment
MELBOURNE, Fla., Sept 26, 2022 — L3Harris Technologies (NYSE:LHX) announced today Jon Rambeau joining the company as the new president for its Integrated Missions Systems (IMS) segment, which currently delivers nearly $7 billion in revenue.
Sean Stackley, IMS president since the 2019 merger of Harris Corporation and L3 Technologies, will become the Senior Vice President, Strategy and Growth. In this role Stackley will be charged with combining strategy, U.S. and international business development, and program excellence activities to drive organic and inorganic growth.
“This is an exciting time for L3Harris, not just because IMS is growing and our Trusted Disruptor vision is clearly working, but we continue to have the highest quality people seeking to join our team,” said Christopher E. Kubasik, L3Harris CEO and Chair. “Sean led the IMS segment with brilliance and humility, and now Jon takes the reins of an organization poised to deliver significant capabilities to some of our most important national security customers.”
Rambeau is a 26-year a veteran of the aerospace and defense industry with a proven track record. As the incoming president of IMS Rambeau takes the helm of a leading integration partner for U.S. and international militaries. The IMS segment specializes in delivering sophisticated airborne and maritime intelligence, surveillance and reconnaissance (ISR) platforms along with a broad range of mission equipment and support for customers around the globe. With enduring relationships such as its 20-year Compass Call partnership with the U.S. Air Force, IMS is a global leader in aircraft missionization.
“I am both proud and humbled to join this team of dedicated professionals,” said Rambeau. “This is a team that listens to its customers – embracing speed, agility and creativity to consistently provide them game-changing capabilities.”
Headquartered in Palm Bay, Florida, IMS recently secured a contract with a $3 billion ceiling from U.S. Special Operations Command to deliver the SkyWarden platform under the Armed Overwatch program. The IMS segment also produces the Vampire precision weapon system recently highlighted by the White House as part of a new assistance package for Ukraine.
Rambeau and Stackley transition into their new roles October 17.
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 space, air, land, sea, and cyber domains. L3Harris has more than $17 billion in annual revenue and 47,000 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. Statements about IMS programs are forward-looking and involve risks and uncertainties. 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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