According to CoinMeta, defense contractor L3Harris Technologies fired CEO Chris Kubasik on Sunday due to actions that did not align with the company's values. The board of directors of L3Harris appointed Sam Mehta as the new CEO and president. Following the announcement of this news, the stock price of L3Harris fell by more than 4%. The company stated that the dismissal of Kubasik was not related to the company's financial reports, customer relationships, or operational performance. The dismissal of Kubasik occurred seven months after the Department of Defense committed to making a $1 billion investment in L3Harris's missile solutions business, which will become an independent company.