Last $50.17 USD
Change Today -0.19 / -0.38%
Volume 689.3K
HRS On Other Exchanges
Symbol
Exchange
New York
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As of 4:15 PM 05/21/13 All times are local (Market data is delayed by at least 15 minutes).

harris corp (HRS) Snapshot

Open
$50.55
Previous Close
$50.36
Day High
$50.83
Day Low
$50.14
52 Week High
10/5/12 - $52.23
52 Week Low
05/21/12 - $38.46
Market Cap
5.5B
Average Volume 10 Days
860.8K
EPS TTM
$4.87
Shares Outstanding
109.6M
EX-Date
05/29/13
P/E TM
10.3x
Dividend
$1.48
Dividend Yield
2.87%
Current Stock Chart for HARRIS CORP (HRS)

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harris corp (HRS) Details

Harris Corporation, together with its subsidiaries, operates as an international communications and information technology company that serves government and commercial markets worldwide. The company operates in three segments; RF Communications, Integrated Network Solutions, and Government Communications Systems. The RF Communications segment supplies secure tactical radio communications and embedded high-grade encryption solutions for military, government, and commercial organizations; and secure communications systems and equipment for public safety, utility, and transportation markets. It offers a line of secure radio communications products and systems for manpack, handheld, soldier-worn, vehicular, strategic fixed-site, and shipboard applications. This segment also supplies communications systems and equipment, including advanced IP voice and data networks that support multiple platforms and provide interoperability among disparate systems; portable and mobile single-band and multiband, multimode radios; and public safety-grade broadband voice, video, and data solutions for public safety, federal, utility, and commercial markets. The Integrated Network Solutions segment provides various networking capabilities that include mission-critical end-to-end information technology services; managed satellite and terrestrial communications solutions; and healthcare interoperability and image management solutions to support government, energy, maritime and healthcare customers. The Government Communications Systems segment develops, produces, integrates, and supports communications and information systems that solve the mission-critical challenges of the company’s civilian, defense, and intelligence government customers. Harris Corporation was incorporated in 1926 and is headquartered in Melbourne, Florida.

15,200 Employees
Last Reported Date: 08/27/12
Founded in 1926

harris corp (HRS) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $5.0M
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $562.7K
Group President of Rf Communications
Total Annual Compensation: $463.1K
Compensation as of Fiscal Year 2012.

harris corp (HRS) Key Developments

Harris Corporation Receives $26 Million Order from U.S. Marine Corps for Falcon Manpack Radios to Expand its Wideband Tactical Network

Harris Corporation has received a $26 million order to help the U.S. Marine Corps to expand its wideband tactical networking capabilities and deliver the tactical internet down to the individual warfighter. The Marines are acquiring Joint Tactical Radio System (JTRS)-certified Falcon III(R) AN/PRC-117G multiband manpack tactical radios that form mobile ad-hoc communication networks to exchange voice, video and tactical data reports on the battlefield. The order was received in the third quarter of the company's 2013 fiscal year.

Harris Corporation Awards $45 Million Department of Homeland Security Communications Support Contract

Harris Corporation has been awarded a $45 million contract to support Department of Homeland Security (DHS) Immigration and Customs Enforcement (ICE) tactical communications networks. Harris will team with Computer Sciences Corporation and other subcontractors to provide round-the-clock technical support for the frontline operations of approximately 15,000 law enforcement officers. The Harris team will support the agency's existing tactical communications networks at multiple locations in the continental U.S., Puerto Rico and the U.S. Virgin Islands. The team brings more than 20 years experience delivering world-class integration services to some of the larger networks in the world. The contract was awarded through the five-year, $3 billion DHS Tactical Communications (TacCom) indefinite delivery/indefinite quantity (IDIQ) contract vehicle. Harris was selected to provide land mobile and tactical solutions under all five technical categories of the TacCom contract vehicle. The IDIQ supports DHS and its partner agencies such as the U.S. Department of State, the U.S. Department of Justice, the U.S. Department of the Interior, and the White House Communications Agency.

Harris Corporation Receives $40 Million Order to Provide Falcon Tactical Radios to Royal Brunei Armed Forces

Harris Corporation has received a $40 million order for Falcon(R) tactical radios from the Royal Brunei Armed Forces. The radios will be part of a broader tactical communications system. Harris will supply Brunei's military with several different models from its Falcon III(R) family. The radios provide high-performance line-of-sight and beyond-line-of-sight voice and data communications, including wideband networking. Harris also will provide logistical and customer field support. The order was received in the third quarter of Harris' 2013 fiscal year.

 

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Industry Analysis

HRS

Industry Average

Valuation HRS Industry Range
Price/Earnings 10.8x
Price/Sales 1.1x
Price/Book 3.3x
Price/Cash Flow 29.6x
TEV/Sales 0.6x
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