L3Harris Technologies completes deal, organizes into four segments

By Marjorie Censer / July 1, 2019

L3Harris Technologies said it successfully completed its merger over the weekend and detailed a new structure and board of directors.

The company unveiled four business segments: integrated mission systems, space and airborne systems, communication systems and aviation systems.

The integrated mission systems business is headquartered in Palm Bay, FL, and led by Sean Stackley. The unit has about $4.9 billion in sales and includes intelligence, surveillance and reconnaissance technology as well as advanced electro optical and the company’s infrared work and maritime power and navigation business.

The space and airborne systems unit, led by Ed Zoiss and also based in Palm Bay, has about $4 billion in annual sales. It includes space payloads, sensors and full-mission technology, classified intelligence and cyber defense work as well as avionics and electronic warfare.

The communication systems unit is led by Dana Mehnert and based in Rochester, NY. With about $3.8 billion in sales, it includes tactical communications, broadband communications, night vision and public safety work.

Led by Todd Gautier and based in Arlington, TX, the aviation systems unit has about $3.8 billion in sales. It includes defense aviation products as well as the company's security, detection and commercial aviation products. It also encompasses L3Harris' air traffic management and commercial and military pilot training business.

As planned, Bill Brown, Harris' chief executive, has been named chairman and CEO of the new company. L3 CEO Chris Kubasik is president and COO.

The company said Jay Malave will serve as chief financial officer, while Scott Mikuen is general counsel.

The company said neither L3 CFO Ralph D'Ambrosio nor Harris CFO Rahul Ghai will remain. Both "have decided for personal reasons to pursue new opportunities." Malave joins from United Technologies, where he was CFO of the UTC Aerospace Systems business.

The new business named 12 members to its board of directors: Brown; Kubasik; Sallie Bailey, former CFO of Louisiana-Pacific; retired Army Gen. Peter Chiarelli; Thomas Corcoran, former CEO of Allegheny Teledyne; Thomas Dattilo, former CEO of Cooper Tire & Rubber; Roger Fradin, former vice chairman of Honeywell; Lewis Hay, former CEO of NextEra Energy; Lewis Kramer, retired partner at Ernst & Young; Rita Lane, a former Apple executive; Robert Millard, chairman of MIT Corp.; and retired Air Force Gen. Lloyd Newton.