Last $69.65 USD
Change Today -0.60 / -0.85%
Volume 237.4K
HRS On Other Exchanges
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As of 12:25 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

harris corp (HRS) Snapshot

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52 Week High
05/27/14 - $79.32
52 Week Low
09/23/13 - $56.50
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harris corp (HRS) Details

Harris Corporation, together with its subsidiaries, operates as an international communications and information technology company worldwide. The company operates through RF Communications, Integrated Network Solutions, and Government Communications Systems segments. The RF Communications segment supplies secure tactical radio communications and high-grade encryption solutions for military, government, and commercial customers, as well as secure communications systems and equipment for public safety, utility, and transportation customers. This segment designs, develops, and manufactures a line of secure radio communications products and systems for manpack, handheld, vehicular, airborne, strategic fixed-site, and shipboard installations that span the communications architecture from high capacity line of site, backbone radios, small soldier personal radios, and tablet computers. This segment also offers assured communications systems and equipment, including Internet Protocol based voice and data communications system for public safety, federal, utility, commercial, and transportation organizations; and multiband radios comprising a handheld radio and a full-spectrum mobile radio for vehicles. The Integrated Network Solutions segment provides integrated communications and information technology and services, including various trusted networking capabilities to support government, energy, maritime, and healthcare customers. This segment serves IT services, managed satellite and terrestrial communications solutions, and commercial healthcare solutions markets. The Government Communications Systems segment develops, produces, integrates, and supports advanced communications and information systems that solve the mission-critical challenges of civilian, intelligence, and defense government customers. The company was founded in 1916 and is headquartered in Melbourne, Florida.

14,000 Employees
Last Reported Date: 08/25/14
Founded in 1916

harris corp (HRS) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $921.2K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $201.9K
Group President of Integrated Network Solutio...
Total Annual Compensation: $1.4M
Group President of RF Communications
Total Annual Compensation: $493.2K
Group President of Government Communications ...
Total Annual Compensation: $436.2K
Compensation as of Fiscal Year 2014.

harris corp (HRS) Key Developments

Harris Corporation Receives $495 Million Contract from U.S. Air Force

Harris Corporation has been awarded a five-year contract from the U.S. Air Force Space and Missile Systems Center worth $495 million. The company will match government payloads with commercial spacecraft and provide testing, infrastructure and operations services to accommodate, launch and operate the payloads. Potential clients include NASA, the National Oceanic and Atmospheric Administration and the USAF Research Laboratory. Potential missions include scientific research, search and rescue and communications.

Harris Corporation Installs First Phase of High-Speed Weather Product Generation System for GOES-R Series Satellites

Harris Corporation has installed and integrated the initial weather product applications onto the previously delivered ground segment hardware for the National Oceanic and Atmospheric Administration's (NOAA) Geostationary Operational Environmental Satellite -- R (GOES-R) Series program. This major upgrade provides the core weather product generation and distribution capabilities vital for improved accuracy in weather forecasting. The team has also demonstrated transfer of these products to the NOAA National Weather Service's (NWS) Advanced Weather Information Processing System. This release also provides the GOES-Rebroadcast capability, which will broadcast full resolution, near-real-time products to remote users throughout the Western Hemisphere after the GOES-R satellite completes post launch test and checkout activities. As part of the ongoing pre-launch test activities, Harris has successfully demonstrated the ability to produce products in 5 min versus the current GOES operational capability of 30 min. This capability will provide NWS weather forecasters critical input to speed forecasts and warnings for extreme weather when the new instruments are brought on line following the GOES-R launch. Harris has also delivered an early release of the remaining sensor software to generate lightning and space weather products.

Harris Corporation Wins $19 Million Tactical Radio IDIQ Contract from US Air Force Special Operations Command

Harris Corporation has been awarded a $19 million IDIQ contract to provide the Air Force Special Operations Command (AFSOC) with up to 1,500 Falcon III(R) AN/PRC-152A wideband radios and accessories. The AN/PRC-152A is a key component of AFSOC's communication system, providing mission critical ground-to-air communications and enhanced situational awareness of the battlefield. The wideband tactical radios meet current and emerging mission requirements using a full suite of integrated line-of-sight, beyond-line-of-sight and wideband communications. Harris Falcon III wideband tactical radios provide unprecedented situational awareness on the battlefield by delivering critical real-time tactical information to warfighters on the move.


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Valuation HRS Industry Range
Price/Earnings 14.0x
Price/Sales 1.5x
Price/Book 4.0x
Price/Cash Flow 13.6x
TEV/Sales 1.0x

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