NewsMV
A $25 million block of special equity, labeled Sustainment Awards inside the filing, heads to three L3Harris Technologies (LHX) officers after the Compensation Committee signed off July 23.
Formal grants follow August 3, when LHX's closing price that session determines the actual share counts. The program anchors to fiscal 2029, the cliff-vest deadline for all three executives.
Recipients and dollar values Kenneth Bedingfield, President of Missile Solutions, and Samir Mehta, President of Space and Mission Systems and Communications and Spectrum Dominance, each carry a $10 million target.
Kenneth Sharp, Senior Vice President and Chief Financial Officer, is in for $5 million.
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