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L3Harris ousts CEO

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Defense contractor L3Harris Technologies has fired CEO Christopher Kubasik.

Kubasik, who also was ousted as chair, engaged in conduct that violated the company's code of conduct, according to Quartz. A separate report by CNBC cited anonymous sources in reporting that Kubasik had an inappropriate relationship with an employee.

Sam Mehta, a senior company executive, has been named as Kubasik's replacement.

Read more from Quartz.

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