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L3Harris Charts New Course with Leadership and Portfolio Overhaul
L3Harris Technologies is undertaking a major strategic realignment, including executive team changes and the planned spin-off of its missile propulsion division through an IPO. This move aims to enhance the company’s focus on defense capabilities and boost value in a high-growth sector. New financial leadership and the appointment of a head for the Missile Solutions segment are critical steps to prepare the unit for its future as an independent public entity.