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BearishMEDIUM severityMarkets7d ago

L3Harris ousts CEO Chris Kubasik over unspecified 'conduct,' stock drops 4%

Reported by CNBC · cnbc.com · August 17, 2026

Chris Kubasik was ousted as Lockheed Martin's incoming CEO in 2012 after what that company called a "close personal relationship with a subordinate employee."

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What to watch: This report cites a concrete figure (4%) — compare it against the trailing trend before treating one data point as a turning point.

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4%

Market reaction today: $LMT +0.10%

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