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L3Harris logoL3Harris LHX

L3Harris said it named Kenneth Sharp Senior Vice President and Chief Financial Officer on March 2, 2026, effective March 16, 2026. Sharp succeeds Kenneth Bedingfield.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. L3Harris said it named Kenneth Sharp Senior Vice President and Chief Financial Officer on March 2, 2026, effective March 16, 2026. Sharp succeeds Kenneth Bedingfield.

  2. The company said Sharp, 55, was Chief Financial Officer of Peraton, Inc. from 2023, and Executive Vice President and Chief Financial Officer of DXC Technology Company from 2020 to 2023. From 2016 to 2020, he was Vice President, Chief Financial Officer Defense Systems at Northrop Grumman Corporation.

  3. L3Harris said the Offer Letter Agreement that Sharp and the company entered into on February 26, 2026 includes an annual base salary of $875,000, an annual cash incentive target of 100% of base salary, and an annual equity target of $3,250,000. It also includes a one-time grant of restricted stock units valued at $3,500,000 to offset forgone equity, vesting ratably over 4 years, and a $1,000,000 cash sign-on bonus subject to a clawback of 24-month.

  4. The company said Kenneth Bedingfield will focus exclusively on leading the Missile Solutions segment as its President. In the press release, L3Harris said he will also oversee the expansion of solid rocket motor manufacturing and the eventual initial public offering of Missile Solutions.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Kenneth Sharp named CFO effective March 16

L3Harris said it named Kenneth Sharp Senior Vice President and Chief Financial Officer on March 2, 2026, effective March 16, 2026. Sharp succeeds Kenneth Bedingfield.

Source · Based on the filing body and exhibits

Sharp career: Peraton, DXC Technology, Northrop Grumman

The company said Sharp, 55, was Chief Financial Officer of Peraton, Inc. from 2023, and Executive Vice President and Chief Financial Officer of DXC Technology Company from 2020 to 2023. From 2016 to 2020, he was Vice President, Chief Financial Officer Defense Systems at Northrop Grumman Corporation.

Source · Based on the filing body and exhibits

Compensation terms of the Offer Letter Agreement

L3Harris said the Offer Letter Agreement that Sharp and the company entered into on February 26, 2026 includes an annual base salary of $875,000, an annual cash incentive target of 100% of base salary, and an annual equity target of $3,250,000. It also includes a one-time grant of restricted stock units valued at $3,500,000 to offset forgone equity, vesting ratably over 4 years, and a $1,000,000 cash sign-on bonus subject to a clawback of 24-month.

Source · Based on the filing body and exhibits

Bedingfield to focus exclusively on Missile Solutions

The company said Kenneth Bedingfield will focus exclusively on leading the Missile Solutions segment as its President. In the press release, L3Harris said he will also oversee the expansion of solid rocket motor manufacturing and the eventual initial public offering of Missile Solutions.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.