Harris Corporation

Harris Corporation provides technology-based solutions that solve government and commercial customers’ mission-critical challenges. It is a 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. 


Company Growth (employees)
Type
Public
HQ
Melbourne, US
Founded
1895
Size (employees)
13,732 (est)-34%
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
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
Todd Taylor

Todd Taylor

VP, Principal Accounting Officer
Rahul Ghai

Rahul Ghai

Senior Vice President and Chief Financial Officer
Ross Niebergall

Ross Niebergall

Vice President and Chief Technology 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

Harris Corporation's revenue was reported to be $7.5 b in FY, 2016
USD

Net income (Q3, 2017)

85 m

Market capitalization (18-Aug-2017)

14.8 b

Cash (30-Sep-2017)

302 m
Harris Corporation's current market capitalization is $14.8 b.
USDFY, 2014FY, 2015FY, 2016

Revenue

5 b5.1 b7.5 b

Revenue growth, %

1%47%

Cost of goods sold

3.3 b3.3 b5.1 b

Gross profit

1.7 b1.7 b2.3 b

Gross profit Margin, %

34%34%31%

Interest income

3 m2 m2 m

Pre tax profit

795 m477 m611 m

Net Income

534 m334 m324 m
USDQ1, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q3, 2017

Interest income

700 k1 m700 k300 k1 m1 m

Pre tax profit

175.5 m189.2 m179 m225 m244 m241 m233 m

Net Income

125.1 m148 m139.5 m125.6 m160 m177 m168 m85 m
USDFY, 2014FY, 2015FY, 2016

Cash

561 m481 m487 m

Accounts Receivable

566.1 m1.2 b937 m

Inventories

618.7 m1 b964 m

Current Assets

2 b3.5 b2.6 b

PP&E

728.1 m1.2 b1 b

Goodwill

1.7 b6.3 b6 b

Total Assets

4.9 b13.1 b12 b

Accounts Payable

324.3 m581 m602 m

Current Liabilities

1.1 b2.3 b2 b

Non-Current Liabilities

2 b7.4 b7 b

Additional Paid-in Capital

509.1 m2 b2.1 b

Retained Earnings

1.2 b1.3 b1.3 b

Total Equity

1.8 b3.4 b3.1 b

Financial Leverage

2.7 x3.9 x3.9 x
USDQ1, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2017

Cash

449.1 m320 m469.5 m487.7 m284 m361 m302 m

Inventories

648.3 m1.1 b649.6 m635.7 m962 m1 b992 m

Current Assets

1.9 b3.1 b1.9 b2 b2.4 b2.6 b2.9 b

Goodwill

1.7 b6.3 b1.7 b1.7 b6 b5.8 b5.9 b

Total Assets

4.8 b12.6 b4.8 b4.8 b11.8 b11.6 b11.9 b

Accounts Payable

302.9 m455 m292.1 m279.6 m508 m540 m529 m

Current Liabilities

1.1 b1.9 b1 b1 b1.9 b1.7 b2 b

Non-Current Liabilities

2 b7.2 b2 b1.9 b6.9 b6.8 b6.5 b

Additional Paid-in Capital

495.7 m2 b498.9 m512.5 m2 b2.1 b2.1 b

Retained Earnings

1.2 b1.3 b1.3 b1.4 b1.4 b1.5 b1.2 b

Total Equity

1.8 b3.5 b1.8 b1.8 b3.1 b3.2 b3.4 b

EPS

5

Financial Leverage

2.7 x3.6 x2.6 x2.6 x3.9 x3.7 x3.5 x
USDFY, 2014FY, 2015FY, 2016

Net Income

534.2 m334 m324 m

Depreciation and Amortization

204.3 m244 m229 m

Accounts Receivable

115.8 m(17 m)192 m

Inventories

50.1 m20 m(28 m)

Accounts Payable

(50 m)31 m82 m

Cash From Operating Activities

849.2 m854 m924 m

Purchases of PP&E

(209.3 m)(148 m)

Cash From Investing Activities

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

Dividends Paid

(180.3 m)(198 m)(252 m)

Cash From Financing Activities

(448.1 m)2.4 b(893 m)
USDQ1, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q3, 2017

Net Income

125.1 m148 m139.5 m125.6 m160 m177 m168 m85 m

Inventories

1.1 b962 m1 b992 m894 m

Accounts Payable

455 m508 m540 m529 m428 m

Income Taxes Paid

(50.4 m)(49.7 m)(53.4 m)
Y, 2017

Financial Leverage

3.5 x

Harris Corporation Operating Metrics

Harris Corporation's Backlog was reported to be $10.8 b in FY, 2016. Harris Corporation's Patent Applications was reported to be 800 in FY, 2016
FY, 2014Q1, 2014Q2, 2015Q3, 2015FY, 2015Q1, 2015Q2, 2016Q3, 2016FY, 2016Q1, 2016Q2, 2017Q3, 2017

Backlog Funded

$3 b$5.3 b$5.1 b

Bookings

$564 m$575 m$521 m$451 m$487 m$569 m$470 m$419 m$467 m$493 m$421 m

Patents (US)

1.1 k1.87 k1.9 k

Patents (foreign)

1.07 k1.89 k1.7 k

Countries

125125100

Patent Applications

1 k1.4 k800

Engineers And Scientists

6 k9.2 k9 k

Patents Pending (foreign)

6401.04 k600

Patents Pending (US)

340360200

Backlog

$7.2 b$12.2 b$10.8 b

    Harris Corporation Market Value History

    Harris Corporation Revenue Breakdown

    Harris Corporation Median Salaries

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

    Traffic Overview of Harris Corporation

    Harris Corporation Online and Social Media Presence

    Harris Corporation Company Life and Culture

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