Inactive Instrument

Harris Corporation Nyse

US4138751056

Harris Corporation : Receives $11 Million in Falcon Tactical Radio Orders to Help Counter Illicit International Drug TraffickingMonday, January 21, 2013

January 21, 2013 at 10:20 am

MarketScreener.com By

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Harris Corporation Receives $11 Million in Falcon Tactical Radio Orders to Help Counter Illicit International Drug Trafficking

Highlights:

Handheld tactical radios are part of international program to counter illicit-narcotics trafficking.
Interoperable voice and data communications enables close collaboration.
Broadens deployment of Harris solutions in support of international tactical radio modernization.

MELBOURNE, FL/ROCHESTER, NY, January 21, 2013 - Harris Corporation (NYSE:HRS), an international communications and information technology company, has received approximately $11 million in delivery orders to provide international partners of U.S. Southern Command and U.S. Northern Command with a range of Falcon tactical radio systems. The radios will be deployed to these partners as part of a U.S. government program for counter-narcotics and other illicit activity. The orders were received in the first quarter of Harris

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Company Profile

L3Harris Technologies, Inc. specializes in the design, manufacturing and marketing of information and communication equipment for the defense, government agency, and commercial structure markets. Net sales break down by family of products as follows: - integrated mission systems (32.4%): intelligence, surveillance and reconnaissance systems, communication systems, electrical and electronic systems for marine platforms, advanced electro-optical and infrared solutions, etc. ; - space and airborne systems (28.3%): payload systems, sensors, complete mission solutions, confidential intelligence systems, cyber defense solutions, electronic warfare systems, etc; - communication systems (23.8%): tactical communication systems, broadband communications, integrated visual communications solutions, etc; - aviation systems (15.5%): air defense systems, commercial aircraft equipment, pilot training solutions and air traffic management systems. Net sales break down by source of income between sales of products (78.9%) and services (26.1%). The United States account for 90.2% of net sales.

Sector

Aerospace & Defense

Calendar

2024-07-31 - Q2 2024 Earnings Release (Projected)

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S&P 500

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