
Harris Corporation provides technology-based solutions that solve government and commercial customers' mission-critical challenges in the United States and internationally. The company operates in three segments: Communication Systems, Electronic Systems, and Space and Intelligence Systems. It designs, develops, and manufactures radio communications products and systems, including single channel ground and airborne radio systems, 2-channel vehicular radio systems, multiband manpack and handheld radios, multi-channel manpack and airborne radios, and single-channel airborne radios, as well as wideband rifleman team, ground, and high frequency manpack radios. The company also offers secure communications systems and equipment, including Internet protocol based voice and data communications systems, as well as single-band land mobile radio terminals and multiband radios comprising a handheld radio and a full-spectrum mobile radio for vehicles. In addition, it provides earth observation, environmental, exploration, geospatial, space protection, and intelligence solutions, such as sensors and payloads, as well as ground processing and information analytics for security, defense, civil, and commercial customers; and positioning, navigation, and timing products, systems, and solutions. Further, the company offers electronic warfare, avionics, surveillance and reconnaissance, command, control, communications, computers and intelligence, and undersea systems and solutions for aviation, defense, and maritime applications. Additionally, it provides managed services that support air traffic management; engineering support and sustainment for ground-based systems; and information technology and engineering managed services to government and commercial customers. The company was founded in 1895 and is headquartered in Melbourne, Florida.
Industry, Sector and Symbol
Industry Search & navigation equipment
Sub-IndustryCommunications Equipment
SectorComputer and Technology
SymbolNYSE:HRS
CUSIP41387510
Phone321-727-9100
Debt
Debt-to-Equity Ratio1.13%
Current Ratio1.22%
Quick Ratio0.68%
Price-To-Earnings
Trailing P/E Ratio29.80
Forward P/E Ratio25.59
P/E Growth4.35
Sales & Book Value
Annual Sales$5.90 billion
Price / Sales3.32
Cash Flow$8.0479 per share
Price / Cash20.48
Book Value$24.02 per share
Price / Book6.86
Profitability
EPS (Most Recent Fiscal Year)$5.53
Net Income$553 million
Net Margins8.63%
Return on Equity24.49%
Return on Assets7.04%
Miscellaneous
Employees17,000
Outstanding Shares118,730,000