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

Chris Kubasik was removed as Lockheed Martin's incoming CEO in 2012 following disclosure of what Lockheed Martin described as a "close personal relationship with a subordinate employee." Lockheed Martin did not provide additional details about the relationship at that time. The incident occurred during Kubasik's transition to the CEO role at the company.

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