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Harris Corp (HRS)

HRS on New York Consolidated

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24 Jul 2017
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Latest Key Developments (Source: Significant Developments)

Sypris awarded several new contracts with Harris Corporation
11:53am EDT 

July 24 (Reuters) - Sypris Solutions Inc ::Sypris awarded several new contracts with Harris Corporation.Terms of agreements were not disclosed.  Full Article

Harris Corp awarded $461 mln ceiling IDIQ contract by US Army
Monday, 10 Jul 2017 10:21am EDT 

July 10 (Reuters) - Harris Corp ::US Army awards Harris corporation $461 million ceiling IDIQ contract for LMR network modernization.Bbeen awarded a five-year, $461 million ceiling, multi-award idiq contract; contract was awarded in Q1 of Harris' fiscal 2018​.Under contract, co to upgrade land mobile radio system infrastructure on army bases across U.S., replace existing systems with latest tech.  Full Article

Harris Corp delivers advanced weather satellite instrument to South Korea
Wednesday, 21 Jun 2017 09:00am EDT 

June 21 (Reuters) - Harris Corp :Harris Corporation delivers advanced weather satellite instrument to South Korea.Harris Corp - instrument will help forecasters safeguard people in region from typhoons and other severe weather.  Full Article

Lockheed Martin selects Harris Corp to upgrade F-35 Lightning II mission system avionics
Monday, 19 Jun 2017 08:00am EDT 

June 19 (Reuters) - Harris Corp :Lockheed Martin says selects Harris Corporation to upgrade F-35 Lightning Ii mission system avionics.  Full Article

Harris Corp awarded $500 mln IDIQ contract to improve data search capability for National Geospatial-Intelligence Agency
Tuesday, 6 Jun 2017 09:00am EDT 

June 6 (Reuters) - Harris Corp :Harris Corporation awarded $500 million idiq contract to improve data search capability for national geospatial-intelligence agency.Harris Corp says contract was received during q3 of Harris' fiscal 2017.  Full Article

Harris Corp awarded $90 million in tactical radio contracts from European Nation
Tuesday, 9 May 2017 09:00am EDT 

May 9 (Reuters) - Harris Corp :Harris Corporation awarded $90 million in tactical radio contracts from european nation.Contracts were received during Q3 of Harris' fiscal 2017.Received contracts from a European Nation for tactical radios as part of country's communications readiness program.  Full Article

Harris Corp enters new fixed dollar accelerated share repurchase agreement
Friday, 5 May 2017 09:11am EDT 

May 5 (Reuters) - Harris Corp : :Harris Corp- entered new fixed dollar accelerated share repurchase agreement to repurchase shares of co's common stock for initial payment of $250 million.Harris Corp- new fixed dollar accelerated share repurchase transaction agreement part of company's common stock repurchase program.Harris Corp- under terms of asr agreement, company will pay prepayment amount to morgan stanley on May 5, 2017.Harris Corp- final settlement of transaction under new asr agreement is expected to occur prior to end of Q1 of company's fiscal 2018.  Full Article

Harris Q3 non-gaap earnings per share $1.38 from continuing operations
Wednesday, 3 May 2017 06:30am EDT 

May 3 (Reuters) - Harris Corp ::Harris corporation reports fiscal 2017 third quarter results.Q3 non-gaap earnings per share $1.38 from continuing operations.Q3 gaap earnings per share $1.31 from continuing operations.Sees fy 2017 non-gaap earnings per share $5.50 to $5.55 from continuing operations excluding items.Sees fy 2017 gaap earnings per share $5.20 to $5.25 from continuing operations.Q3 revenue $1.49 billion versus i/b/e/s view $1.47 billion.Harris corp - narrowed its guidance for fiscal 2017 and now expects fiscal 2017 gaap income from continuing operations of $5.20 to $5.25 per diluted share.Q3 earnings per share view $1.31 -- Thomson Reuters I/B/E/S.Sees fy17 non-gaap income from continuing operations of $5.50 to $5.55 per diluted share.Says harris now expects fiscal 2017 revenue on an organic basis to be down about 1 percent from prior year.Says harris still expects fiscal 2017 free cash flow to be about $800 million..Fy2017 earnings per share view $5.55, revenue view $5.82 billion -- Thomson Reuters I/B/E/S.  Full Article

Harris to receive initial delivery of about 2.9 mln shares of stock from Morgan Stanley on Feb 6
Monday, 6 Feb 2017 08:16am EST 

Harris Corp : Harris - to pay prepayment amount to morgan stanley, to receive on feb 6 initial delivery of about 2.9 million shares of common stock from morgan stanley . Harris corp - enters into asr agreement with morgan stanley & co. Llc to repurchase shares of co's stock for an initial payment of $350 million .Harris corp- final settlement of transaction under asr agreement is expected to occur prior to end of co's fiscal 2017- sec filing.  Full Article

Harris Corp reports Q2 earnings per share $1.33 from continuing operations
Thursday, 2 Feb 2017 06:30am EST 

Harris Corp - : Harris Corporation reports fiscal 2017 second quarter results . Sees FY 2017 non-gaap earnings per share $5.40 to $5.60 from continuing operations excluding items . Sees FY 2017 gaap earnings per share $5.21 to $5.41 from continuing operations . fy2017 earnings per share view $5.80, revenue view $7.20 billion -- Thomson Reuters I/B/E/S . Q2 gaap earnings per share $1.33 from continuing operations . Q2 revenue $1.7 billion versus I/B/E/S view $1.77 billion . Sees FY 2017 revenue $5.76 billion to $5.88 billion . Q2 earnings per share view $1.38 -- Thomson Reuters I/B/E/S . Following close of quarter, Harris board approved a new $1.0 billion share repurchase authorization . New authorization is in addition to remaining unused authorization of $584 million under company's existing repurchase program .Company now expects fiscal 2017 share repurchases to total $700 million.  Full Article

BRIEF-Sypris awarded several new contracts with Harris Corporation

* Sypris awarded several new contracts with Harris Corporation