Harris Corporation

Harris Corporation is an American communications company and defense contractor that produces wireless equipment, tactical radios, electronic systems, night vision equipment and both terrestrial and spaceborne antennas for use in the government, defense and commercial sectors. Headquartered in Melbourne, Florida, the company has approximately $8 billion of annual revenue and more than 23,000 employees — including 9,000 engineers and scientists.

The company is the largest private-sector employer in Brevard County, Florida. The company was the parent of Intersil (Harris Semiconductor). Most of the wireless start-ups in South Brevard County were founded and are staffed by former Harris Corporation engineers and technicians. The company's Digital Telephone Systems (DTS) division was sold to Teltronics.

In June 2015, Harris acquired Exelis Inc. and subsequently reorganized the company.

In 2014, Harris was named one of the top 100 federal contractors by Defense News.

In January 2015, Wired Magazine ranked Harris Corporation — tied with U.S. Marshals Service — as the number two threat to privacy and communications on the Internet.

Company Growth (employees)
Type
Public
HQ
Melbourne, US
Founded
1895
Size (employees)
21,000 (est)-5%
Website
harris.com
Harris Corporation was founded in 1895 and is headquartered in Melbourne, US

Key People at Harris Corporation

William Brown

William Brown

Chairman, President & CEO
Carl D'Alessandro

Carl D'Alessandro

President, Critical Networks
Bill Gattle

Bill Gattle

President, Space and Intelligence Systems
Chris Young

Chris Young

President, Communication Systems
Ed Zoiss

Ed Zoiss

President, Electronic Systems
Robert Duffy

Robert Duffy

SVP, HR and Administration
Sheldon Fox

Sheldon Fox

SVP, Integration and Engineering
Dana Mehnert

Dana Mehnert

SVP, Chief Global Business Development Officer
Scott Mikuen

Scott Mikuen

SVP, General Counsel and Secretary
Tania Hanna

Tania Hanna

VP, Government Relations
Greg Taylor

Greg Taylor

VP, Strategy
Rahul Ghai

Rahul Ghai

Senior Vice President and Chief Financial Officer
Todd Taylor

Todd Taylor

VP, Principal Accounting Officer

Harris Corporation Office Locations

Harris Corporation has an office in Melbourne
Melbourne, US (HQ)
1025 W Nasa Boulevard

Harris Corporation Data and Metrics

Harris Corporation Financial Metrics

$, USD

Market capitalization (23-Jun-2017)

13.6 b

Closing share price (23-Jun-2017)

111
Harris Corporation's current market capitalization is $13.6 b.
$, USDFY, 2014FY, 2015FY, 2016

Inventories

618.7 m1 b964 m

PP&E

2 b7.4 b7 b

Accounts Payable

324.3 m581 m602 m

Current Liabilities

2 b3.5 b2.6 b

Non-Current Liabilities

1.6 b5.1 b

Total Liabilities

3.6 b8.6 b

Common Stock

849.2 m854 m924 m
$, USDFY, 2014FY, 2015FY, 2016

Depreciation and Amortization

1.1 b2.3 b2 b

Inventories

50.1 m20 m(28 m)

Accounts Payable

(50 m)31 m82 m

Cash From Operating Activities

(162.6 m)(3.3 b)(1 m)

Capital Expenditures

509.1 m2 b2.1 b

Cash From Investing Activities

(448.1 m)2.4 b(893 m)

Short-term Borrowings

1.2 b1.3 b1.3 b

Long-term Borrowings

50.1 m20 m(28 m)

Dividends Paid

204.3 m244 m229 m

Cash From Financing Activities

561 m481 m487 m

Interest Paid

17.1 m6 m(53 m)

Income Taxes Paid

1.7 b6.3 b6 b

Free Cash Flow

(671.7 m)(5.3 b)(2.1 b)

Harris Corporation Market Value History

Harris Corporation Median Salaries

Source: 70 public H-1B filings from Harris Corporation

Harris Corporation Online and Social Media Presence

Harris Corporation Company Life and Culture

You may also be interested in