Defense Giant Prepares For IPO With Leadership Shuffle
L3Harris has appointed former Peraton finance chief Kenneth Sharp as its new chief financial officer, as current CFO Ken Bedingfield prepares to lead the company’s Missile Solutions segment ahead of its spinoff in late 2026. The move comes as L3Harris prepares for an initial public offering of the missile business, which is expected to receive a $1 billion investment from the Defense Department. According to CEO Chris Kubasik, the investment will give the company confidence to invest billions in modernizing its facilities. The news was first reported by Breaking Defense.