|Bid||189.48 x 800|
|Ask||200.50 x 1100|
|Day's Range||195.49 - 198.08|
|52 Week Range||123.24 - 200.77|
|Beta (3Y Monthly)||1.02|
|PE Ratio (TTM)||25.90|
|Forward Dividend & Yield||2.74 (1.40%)|
|1y Target Est||N/A|
Harris Corporation (HRS) and L3 Technologies (LLL) announced that they have received the necessary regulatory approvals for their all-stock merger and have set a closing date of June 29, 2019. Upon closing, Harris will be renamed L3Harris Technologies, Inc., and shares of L3Harris common stock will trade on the NYSE under ticker symbol “LHX”. L3 shares will cease trading upon market close on June 28 and convert into 1.3 L3Harris shares for each L3 share.
Harris Corporation and L3 Technologies, Inc. today announced that, in connection with the previously announced offers to eligible holders to exchange any and all outstanding notes issued by L3 as set forth in the table below for up to $3,350,000,000 aggregate principal amount of new notes issued by Harris and cash, and related consent solicitations to adopt certain proposed amendments to each of the ...
Harris Corporation (HRS) (“Harris”) and L3 Technologies, Inc. (LLL) (“L3”) today announced that, in connection with the anticipated combination of Harris and L3, Harris has commenced offers to eligible holders to exchange (each an “Exchange Offer” and collectively, the “Exchange Offers”) any and all outstanding notes issued by L3 as set forth in the table below (the “Existing L3 Notes”) for (1) up to $3,350,000,000 aggregate principal amount of new notes issued by Harris (the “New Harris Notes”) and (2) cash.
The National Oceanic and Atmospheric Administration (NOAA) has awarded Harris Corporation (HRS) a three-year, $284 million sole-source extension on the ground segment contract supporting Geostationary Operational Environmental Satellite (GOES) -R Series weather satellites – bringing new technologies that support increased capabilities. The three-year contract extension will modernize the ground-computing infrastructure and reduce the IT footprint, laying the foundation for future migration to cloud technologies.
@HarrisCorp Reports Strong Fiscal 2019 Third Quarter Results With Double-Digit Revenue Growth and Record EPS
Harris Corporation (HRS) has been awarded a $212 million contract modification to supply the next production lot of electronic jammers to protect U.S. Navy and Foreign Military Sales F/A-18 Hornet and Super Hornet aircraft against electronic threats. The contract, which represents the largest order on the program to date, was received during the third quarter of Harris' fiscal 2019. Harris will manufacture and deliver Integrated Defensive Electronic Countermeasures (IDECM) jammers for the F/A-18C/D/E/F variants, with deliveries under the new contract expected to be completed by August 2022.
The Board of Directors of Harris Corporation has declared a quarterly cash dividend of 68.5 cents per share on the common stock, payable June 4, 2019, to shareholders of record as of the close of business on May 17, 2019.
Harris Corporation (HRS) will celebrate a major space satellite antenna milestone – the production of its 100th unfurlable mesh reflector, which provides the critical communications link between satellites and ground stations. Harris employees, customers and other dignitaries will gather next week at the company’s Palm Bay, Florida, facility to commemorate the production of the latest reflector, which will support a carbon-monitoring satellite mission to study the changing state of global forests. Harris is manufacturing the reflector for Airbus Defence and Space, Europe’s leading space company.
The 2019 CEI evaluates LGBTQ-related policies and practices, including non-discrimination workplace protections, domestic partner benefits, transgender-inclusive healthcare benefits, competency programs and public engagement with the LGBTQ community. Harris benefits cover same-sex spouses and domestic partners, and company policies prohibit discrimination in all forms. The company promotes a culture where everyone can thrive by promoting inclusive recruiting, professional development and community engagement.
Harris Corporation (HRS) and Elbit Systems Ltd. (ESLT) today announced the signing of a definitive agreement under which Elbit Systems of America, LLC (ESA) will acquire Harris’ Night Vision business for $350 million in cash. The transaction is conditioned on completion of Harris’ previously announced proposed merger with L3 Technologies, Inc. (LLL), as well as customary closing conditions including receipt of regulatory approvals. “In January 2019, we announced that as part of the L3 merger regulatory process we had proactively started exploring the sale of our Night Vision business,” said William M. Brown, chairman, president and chief executive officer.
Harris Corporation (HRS) and L3 Technologies, Inc. (LLL) announced that, at their respective special meetings of stockholders held today, Harris and L3 stockholders voted to approve all stockholder proposals necessary to complete the merger of equals transaction to create L3 Harris Technologies, Inc., a global defense technology leader that will be focused on developing differentiated and mission critical solutions for customers around the world. The merger is expected to close in mid-calendar year 2019, subject to satisfaction of customary closing conditions, including receipt of regulatory approvals. “I am pleased that our shareholders voted in favor of this strategic combination, which will create a premier global defense technology company,” said William M. Brown, Harris chairman, president and chief executive officer.
Harris Corporation (HRS) will host a conference call on Wednesday, May 1, 2019, at 8:30 a.m. Eastern Time (ET) to discuss its third quarter fiscal year 2019 financial results. The company will issue a press release reporting its third quarter results prior to the conference call start time. A recording of the call will be available on the Harris website, beginning at approximately 12 p.m. ET on May 1.
Ltd., a wholly owned subsidiary of Harris Corporation (HRS), recently completed renovations on a 12,000-square-foot, state-of-the-art facility in New Delhi that will house the network operations control center for India’s nationwide aviation communications infrastructure. Suresh Prabhu, in the presence of Airports Authority of India (AAI) and Harris executives, today dedicated the new facility in Rangpuri, New Delhi.
NEW YORK, Feb. 26, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Harris Corporation (HRS) today announced it has set a date for a special meeting of its stockholders to consider and vote on various proposals necessary to close the previously announced proposed merger with L3 Technologies, Inc. (LLL) and related matters. The special meeting will be held on April 4, 2019, at 10:00 a.m., Eastern Time, at the Harris Global Innovation Center, located at 1025 West NASA Boulevard, Melbourne, Florida 32919. Harris stockholders of record as of the close of business on February 22, 2019, will be entitled to notice of, and to vote at, the special meeting.
Harris Corporation (HRS) employees across the country this week are celebrating National Engineers Week (EWeek) by participating in more than 80 events focused on innovation and engaging the next generation of engineers. The celebration is part of a national event organized by the National Society of Professional Engineers. Harris EWeek recognizes and celebrates the many achievements of the company’s nearly 8,000 engineers and scientists – who make up more than 45 percent of the company’s overall employment.
#HarrisCorp Reports Strong Fiscal 2019 Second Quarter Results With Revenue Growth and Margin Expansion Across All Segments
Harris Corporation (HRS) will host a conference call on Tuesday, January 29, 2019, at 8:30 a.m. Eastern Time (ET) to discuss its second quarter fiscal year 2019 financial results. Learn more at harris.com.