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Harris Corp (HRS.N)

HRS.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Harris Corp says Q1 EPS $1.38 from continuing operations
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Harris Corp -:Harris Corporation reports fiscal 2018 first quarter results with robust orders across all segments.Q1 earnings per share $1.38 from continuing operations.Q1 revenue $1.41 billion versus I/B/E/S view $1.44 billion.Q1 earnings per share view $1.34 -- Thomson Reuters I/B/E/S.Sees FY 2018 earnings per share $5.85 to $6.05 from continuing operations.Sees FY 2018 revenue up 2 to 4 percent.Sees FY 2018 revenue $6.02 billion to $6.14 billion.‍reiterated guidance for fiscal 2018​.FY2018 earnings per share view $6.01, revenue view $6.08 billion -- Thomson Reuters I/B/E/S.  Full Article

Harris Corp awarded $133 million US Navy and Australian F/A-18 Electronic Warfare Contract
Monday, 16 Oct 2017 

Oct 16 (Reuters) - Harris Corp :Harris Corp awarded $133 million US Navy and Australian F/A-18 Electronic Warfare Contract.Harris Corp - ‍contract was awarded during Q1 of Harris' fiscal 2018​.Harris - ‍deliveries to U.S. Navy and to Australia through U.S. Government's Foreign Military Sales Program are expected to be complete by May 2020​.Harris - co to manufacture, deliver ALQ-214(V)4/5 Integrated Defensive Electronic Countermeasures (IDECM) jammers for the F/A-18C/D/E/F variants.  Full Article

U.S. Department of Navy awards Harris Corp $765 mln IDIQ contract
Friday, 13 Oct 2017 

Oct 13 (Reuters) - Harris Corp :US Department of Navy awards Harris Corporation $765 million IDIQ contract for tactical radios.Harris Corp - ‍ contract replaces fully realized $300 million idiq contract that expired in august​.  Full Article

U.K. Ministry of Defence awards Harris Corp contract worth up to $70 mln
Wednesday, 13 Sep 2017 

Sept 13 (Reuters) - Harris Corp :U.K. Ministry of Defence awards Harris Corporation contract worth up to $70 million for explosive ordnance disposal robots.Contract to provide T7 robotic systems to support U.K. Explosive Ordnance Disposal (EOD) missions around world​.  Full Article

Harris Corp increases qtrly dividend 8 pct to 57 cents/share
Friday, 25 Aug 2017 

Aug 25 (Reuters) - Harris Corp :Harris Corporation increases quarterly dividend eight percent to 57 cents per share.  Full Article

Harris says selected by U.S. GSA for $50 bln multi-award EIS IDIQ contract
Tuesday, 22 Aug 2017 

Aug 22 (Reuters) - Harris Corp ::General Services Administration selects Harris Corporation for $50 billion multi-award Enterprise Infrastructure Solutions IDIQ contract.Contract, awarded during Q1 of Harris' fiscal 2018, has a 5-year base period with two five-year options.  Full Article

U.S. Special Operations command awards Harris Corp $255 million IDIQ contract
Monday, 19 Jun 2017 

June 19 (Reuters) - Harris Communication Systems :U.S. Special Operations command awards Harris Corporation $255 million IDIQ contract for next-generation manpack radios.U.S. Special Operations command awarded Harris Corp 6-year, single-award indefinite-delivery/indefinite-quantity contract.Contract includes NGMP radios, new RF-410 NGPA power amplifier, vehicular systems, accessories, push-to-talk/headset audio sub-systems.  Full Article

Speedcast International says to acquire Harris CapRock
Tuesday, 1 Nov 2016 

Speedcast International Ltd : SDA to acquire Harris Caprock and complete equity raising . Speedcast International Ltd announces Harris CapRock acquisition and equity raising . Agreement to acquire 100% of Harris CapRock for total upfront consideration of US$425 mln . Acquisition is expected to be double digit EPS accretive in 2017 before synergies . Acquisition will be funded via a fully underwritten about A$295 mln accelerated entitlement offer . Anticipated cost synergies estimated at US$24 mln delivered over 24 month period post acquisition . Speedcast expects that it will incur one-time costs associated with achieving these synergies of about US$4.3 million . Has refinanced group's debt facilities through fully underwritten syndicated facilities totaling $385 million . Offer at A$3.10 per share . All fy16 key financial metrics expected to grow strongly compared to 2015 .Fy16 ebitda expected at US$40 mln.  Full Article

Harris files for potential mixed shelf size not disclosed - SEC filing
Wednesday, 31 Aug 2016 

Harris Corp : Files for potential mixed shelf; size not disclosed - SEC filing Source - (http://bit.ly/2bCYCgu) Further company coverage: [HRS.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Harris Corporation increases quarterly dividend
Monday, 29 Aug 2016 

Harris Corp :Harris Corporation increases quarterly dividend six percent to 53 cents per share.  Full Article

BRIEF-Harris Corp says Q1 EPS $1.38 from continuing operations

* Harris Corporation reports fiscal 2018 first quarter results with robust orders across all segments