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Harris Corp (HRS.N)

HRS.N on New York Stock Exchange

188.54USD
23 May 2019
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$0.20 (+0.11%)
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Latest Key Developments (Source: Significant Developments)

NOAA Awards Harris Corp $284 Mln GOES-R Series Ground Segment Contract Extension
Thursday, 16 May 2019 

May 16 (Reuters) - Harris Corp ::NOAA AWARDS HARRIS CORPORATION $284 MILLION GOES-R SERIES GROUND SEGMENT CONTRACT EXTENSION.HARRIS CORP - NOAA AWARDED CO 3-YEAR, $284 MILLION SOLE-SOURCE EXTENSION ON GROUND SEGMENT CONTRACT SUPPORTING GOES -R SERIES WEATHER SATELLITES.  Full Article

Harris Corp Reports Q3 NON-GAAP Earnings Per Share Of $2.11
Wednesday, 1 May 2019 

May 1 (Reuters) - Harris Corp ::ORATION REPORTS STRONG FISCAL 2019 THIRD QUARTER RESULTS WITH DOUBLE-DIGIT REVENUE GROWTH AND RECORD EPS.Q3 NON-GAAP EARNINGS PER SHARE $2.11.Q3 GAAP EARNINGS PER SHARE $2.02 FROM CONTINUING OPERATIONS.Q3 REVENUE $1.7 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.69 BILLION.Q3 EARNINGS PER SHARE ESTIMATE $2.03 -- REFINITIV IBES DATA.INCREASED REVENUE, EPS AND ADJUSTED FREE CASH FLOW GUIDANCE FOR FISCAL 2019.SEES 2019 REVENUE OF ABOUT $6.72 BILLION.SEES 2019 GAAP EPS FROM CONTINUING OPERATIONS ABOUT $7.80.SEES 2019 OPERATING CASH FLOW ABOUT $1,160 BILLION; ADJUSTED FREE CASH FLOW ABOUT $1.025 BILLION.SEES 2019 NON GAAP EPS ABOUT $8.15.FY2019 EARNINGS PER SHARE VIEW $8.00, REVENUE VIEW $6.69 BILLION -- REFINITIV IBES DATA.  Full Article

Harris Corp Signs Definitive Agreement To Sell Its Night Vision Business To Elbit Systems For $350 Mln
Friday, 5 Apr 2019 

April 5 (Reuters) - Harris Corp ::HARRIS CORPORATION SIGNS DEFINITIVE AGREEMENT TO SELL ITS NIGHT VISION BUSINESS TO ELBIT SYSTEMS LTD. FOR $350 MILLION.HARRIS CORPORATION SIGNS DEFINITIVE AGREEMENT TO SELL ITS NIGHT VISION BUSINESS TO ELBIT SYSTEMS LTD. FOR $350 MILLION.HARRIS CORP - PROCEEDS FROM DIVESTITURE ARE EXPECTED TO BE USED TO PRE-FUND L3 HARRIS PENSION AND RETURN CASH TO SHAREHOLDERS..HARRIS CORP - TRANSACTION IS CONDITIONED ON COMPLETION OF HARRIS' PREVIOUSLY ANNOUNCED PROPOSED MERGER WITH L3 TECHNOLOGIES, INC..HARRIS CORP - SIGNING OF AGREEMENT UNDER WHICH ELBIT SYSTEMS OF AMERICA, LLC (ESA) WILL ACQUIRE HARRIS' NIGHT VISION BUSINESS FOR $350 MILLION IN CASH.  Full Article

L3 says Received Request For Additional Information from U.S. DOJ
Friday, 11 Jan 2019 

Jan 11 (Reuters) - L3 TECHNOLOGIES INC::AS PART OF DOJ'S REVIEW OF MERGER, L3 AND HARRIS EACH RECEIVED ON JANUARY 10, 2019 A REQUEST FOR ADDITIONAL INFORMATION.L3 AND HARRIS CONTINUE TO EXPECT MERGER TO CLOSE IN PREVIOUSLY ANNOUNCED TIMEFRAME OF MID-CALENDAR YEAR 2019..  Full Article

L3 Technologies - If Deal Terminated Under Certain Circumstances, L3 Will Pay To Harris A Termination Fee Equal To $590 Mln In Cash
Tuesday, 16 Oct 2018 

Oct 15 (Reuters) - Harris Corp ::L3 TECHNOLOGIES - IF DEAL TERMINATED UNDER CERTAIN CIRCUMSTANCES, L3 WILL PAY TO HARRIS A TERMINATION FEE EQUAL TO $590 MILLION IN CASH - SEC FILING.L3 TECHNOLOGIES - IF DEAL TERMINATED UNDER CERTAIN OTHER CIRCUMSTANCES, HARRIS MUST PAY L3 A TERMINATION FEE EQUAL TO $700 MILLION IN CASH.  Full Article

Harris Corp Awarded $161 Million F/A-18 Electronic Warfare System Contract
Thursday, 22 Mar 2018 

March 22 (Reuters) - Harris Corp ::HARRIS CORPORATION AWARDED $161 MILLION F/A-18 ELECTRONIC WARFARE SYSTEM CONTRACT; RECOGNIZED FOR 20 YEARS OF 100% ON-TIME DELIVERIES.HARRIS CORP - AWARD IS IN ADDITION TO $133 MILLION PRODUCTION LOT AWARD RECEIVED IN Q1 OF FISCAL 2018.  Full Article

Sypris Wins Additional Contracts With Harris Corp
Monday, 26 Feb 2018 

Feb 26 (Reuters) - Sypris Electronics::SYPRIS WINS ADDITIONAL CONTRACTS WITH HARRIS CORPORATION.SYPRIS ELECTRONICS SAYS TERMS OF AGREEMENTS WERE NOT DISCLOSED.SYPRIS ELECTRONICS SAYS AWARDS FROM HARRIS INCLUDE PRODUCTION OF VARIETY OF ELECTRONIC ASSEMBLIES FOR MULTIPLE MUNITION DISPENSING SYSTEMS.  Full Article

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