Harris Corporation is a technology company that provides products, systems and services that have defense, civil government and commercial applications. The  Company operates in four segments: communication systems, which serves markets in tactical communications and defense, and public safety networks; space and intelligence systems, which provides complete Earth observation, environmental, geospatial, space protection, and intelligence solutions from sensors and payloads, as well as ground processing and information analytics; electronic systems, which offers a portfolio of solutions in electronic warfare, avionics, wireless and technology, among others, and critical networks, which provides managed services supporting air traffic management, energy and maritime communications, ground network operation and sustainment, information technology and engineering services.


Type
Public
HQ
Melbourne, US
Founded
1895
Size (employees)
17,000 (est)
Website
harris.com
Harris Corporation was founded in 1895 and is headquartered in Melbourne, US
Report incorrect company information

Key People/Management at Harris Corporation

Bill Gattle

Bill Gattle

President
Ed Zoiss

Ed Zoiss

President
Chris Young

Chris Young

President
Todd Taylor

Todd Taylor

Vp
Tania Hanna

Tania Hanna

Vp
Greg Taylor

Greg Taylor

Vp
Show more

Harris Corporation Office Locations

Harris Corporation has offices in Al Majmaah, Matrah, Abu Dhabi, Kuala Lumpur and in 20 other locations
Melbourne, US (HQ)
1025 W NASA Boulevard
Melbourne, AU
380 St Kilda Rd
Newstead, AU
33 Longland St
Pinkenba, AU
55 Brownlee St
Rio de Janeiro, BR
231 Av. Pres. Wilson
Labège, FR
478 Rue de la Découverte
Show all (25)
Report incorrect company information

Harris Corporation Financials and Metrics

Harris Corporation Financials

Harris Corporation's revenue was reported to be $5.90 b in FY, 2017 which is a 21% decrease from the previous period.
USD

Net income (Q3, 2018)

501 m

EBIT (Q3, 2018)

800 m

Market capitalization (18-Jun-2018)

17.7 b

Closing share price (18-Jun-2018)

149.3

Cash (30-Mar-2018)

443 m

EV

21.5 b
Harris Corporation's current market capitalization is $17.7 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

5 b5.1 b7.5 b5.9 b

Revenue growth, %

1%47%(21%)

Cost of goods sold

3.3 b3.4 b5.1 b3.8 b

Gross profit

1.7 b1.7 b2.3 b2.1 b
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

1.2 b1.2 b1.2 b1.8 b1.8 b1.9 b1.8 b1.7 b1.5 b1.4 b1.5 b

Cost of goods sold

762.6 m807.8 m753.4 m1.2 b1.3 b1.3 b1.2 b1.1 b964 m898 m999 m

Gross profit

392.8 m398.5 m433.2 m591 m562 m597 m579 m562 m525 m515 m536 m

Gross profit Margin, %

34%33%37%33%30%31%33%33%35%36%35%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

561 m481 m487 m484 m

Accounts Receivable

566.1 m1.2 b937 m623 m

Inventories

618.7 m1 b964 m841 m

Current Assets

2 b3.5 b2.6 b2.1 b
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

449.1 m469.5 m487.7 m320 m511 m302 m284 m361 m302 m388 m422 m443 m

Accounts Receivable

603.7 m582 m652.7 m1.1 b935 m1.1 b976 m762 m714 m706 m642 m743 m

Inventories

648.3 m649.6 m635.7 m1.1 b1.1 b992 m962 m1 b894 m896 m942 m963 m

Current Assets

1.9 b1.9 b2 b3.1 b2.8 b2.9 b2.4 b2.6 b2.9 b2.1 b2.1 b2.4 b
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

534.2 m334 m324 m553 m

Depreciation and Amortization

204.3 m244 m229 m183 m

Inventories

50.1 m20 m(28 m)28 m

Accounts Payable

(50 m)31 m82 m18 m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

125 m264 m390 m148 m(4 m)164 m160 m337 m422 m161 m300 m501 m

Depreciation and Amortization

51 m104 m164 m61 m114 m163 m53 m101 m140 m40 m80 m117 m

Inventories

(29.7 m)(30.9 m)(17 m)(108 m)(91 m)(22 m)2 m(50 m)(26 m)(56 m)(102 m)(122 m)

Accounts Payable

(102.3 m)(119.9 m)(111.1 m)(158 m)(128 m)(175 m)(75 m)(132 m)(113 m)(88 m)(78 m)(46 m)
USDY, 2018

EV/EBIT

26.9 x

EV/CFO

93.5 x

Financial Leverage

3.2 x
Show all financial metrics

Harris Corporation Operating Metrics

Harris Corporation's Backlog was reported to be $10.8b in FY, 2016.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018

Order Volume

$1.13 b$288 m$263 m$286 m$1.24 b$404 m$238 m$290 m$1.17 b$369 m$301 m$279 m$1.24 b$681 m$353 m

Bookings

$564 m$575 m$521 m$451 m$601 m$665 m$556 m$511 m$472 m$530 m$555 m$507 m$494 m$879 m$884 m

Backlog Funded

$3 b$5.30 b$5.10 b$4.20 b

Backlog

$7.20 b$12.20 b$10.80 b
Show all operating metrics

Harris Corporation Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Applied Kilovolts
Applied Kilovolts Group
CR MSA
Defence Investments Limited
Eagle Technology
EDO LLC
EDO MBM Technology
EDO (UK)
EDO Western Corporation
Exelis Arctic Services
Show more

Harris Corporation Revenue Breakdown

Embed Graph

Harris Corporation revenue breakdown by business segment: 38.1% from Electronic Systems, 32.2% from Space and Intelligence Systems and 29.7% from Communication Systems

Report incorrect company information

Harris Corporation Online and Social Media Presence

Embed Graph
Report incorrect company information