
L3 Technologies [LLL] on Wednesday night said that Chairman and CEO Michael Strianese will retire at the end of this year from his CEO role and that Chris Kubasik, who is currently president and chief operating officer (COO), will become CEO on Jan. 1, 2018.Kubasik, 56, well thought of in the investment community for his keen focus on operational processes and financial know-how, will lead $10.5 billion L3 two years after joining the company as president and COO to run…