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L3Harris Replaces CEO After Conduct Investigation, Shares Retreat

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L3Harris stock retreated early Monday after the defense contractor abruptly parted ways with CEO Christopher Kubasik due to conduct violations. L3Harris (LHX), maker of aircraft components and weapons systems, on Monday said it departed ways with Christopher Kubasik, chairman and CEO, effective immediately. The defense contractor said Kubasik engaged in “conduct that was not consistent with the values of the…

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