Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) On January 3, 2022, L3Harris Technologies, Inc. ("L3Harris") issued a press
release announcing that it has streamlined its business segments from four
business segments to three business segments. As part of its segment
reorganization and the elimination of Aviation Systems as a reporting business
segment, Todd W. Gautier, previously President of the Aviation Systems segment,
has been named Special Advisor to the CEO. Mr. Gautier, who was among L3Harris'
"named executive officers" (pursuant to Instruction 4 to Item 5.02 of Form 8-K,
those executive officers included in the Summary Compensation Table in the Proxy
Statement for L3Harris' 2021 Annual Meeting of Shareholders), consequently will
no longer serve in the position he held in fiscal 2021 (as President, Aviation
Systems).
Item 8.01 Other Events.
As noted above, on January 3, 2022, L3Harris issued a press release announcing
its segment reorganization. Effective with L3Harris' fiscal 2022, which began
January 1, 2022, L3Harris will be organized in the following three focused
business segments: (1) Integrated Mission Systems, (2) Space and Airborne
Systems, and (3) Communication Systems. Further information regarding L3Harris'
segment reorganization is set forth in the press release filed herewith as
exhibit 99.1, which is incorporated into this Item 8.01 by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
The following exhibit is filed herewith:
Exhibit
Number Description
104 Cover Page Interactive Data File formatted in Inline XBRL
99.1 Press Release issued by L3Harris Technologies, Inc. on January 3, 2022
1
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