Ken Bedingfield, who first joined L3Harris as CFO in December 2023, will focus exclusively on leading its missile solutions business that is preparing to go public later in the year.
In a first-of-its-kind partnership, the Defense Department is taking a $1 billion stake in the business ahead of an initial public offering later this year.
New artificial intelligence powered-variants of the system add maritime, air and electronic warfare capabilities for defending against small unmanned threats.
Plus one company in the upper quadrant of our 2025 Top 100 realigns its executive reporting tree upon a major departure and a second hires an executive to steer Golden Dome pursuits.
These “deals of a different stripe” to own part of a company require the same business muscles as acquisitions: belief in a business and a willingness to put down money in support of that belief.
In talking with investors, both chief executives highlight speed and help to the customer as big-picture goals they want to see the Elon Musk-led Department of Government Efficiency realize.
Our eyes go immediately to Palantir's lineup of industry partners for the "TITAN" program that show both disruption and teaming, especially when seeing both longstanding and emerging players on the list.
Three incumbents will continue onto this expanded iteration of the program focused on defending against unintended technology transfers or alterations by adversaries.
