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Tag Archives: Harris Corp

Weekly Roundup July 25 – July 29 2016: Defense Tech Makers Show Life in 2Q Earnings & more

PatriotMissile

July 25 – July 29 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson A new earnings season continued to dominate investors’ attention spans this week and those with keen interests in the aerospace, defense and government contracting sectors were no exception. Eleven contractors …

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July 11 Morning Report: GovCon Index Posts Gain as June Jobs Report Exceeds Expectations

GovConIndexUP

Executive Mosaic’s GovCon Index closed Friday with a 1.579-percent gain to 80.813 and ended the week up 1.342 percent. Lockheed Martin (NYSE: LMT), Raytheon (NYSE: RTN), Huntington Ingalls Industries (NYSE: HII), Honeywell International (NYSE: HON) and Vectrus (NYSE: VEC) reached 52-week highs in Friday intraday trade. Friday’s performance comes as the Labor Department reports that non-farm …

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July 8 Market Close: GovCon Index Breaks 80 on June Labor Data Beat, 5 Stocks Hit 52-Week Highs

GovConIndexUP

Executive Mosaic’s GovCon Index broke the 80-point barrier Friday for the first time in a month as the S&P 500 composite index briefly traded above a new record close in afternoon activity after the June jobs report soared past economists’ expectations. The GovCon Index closed up 1.579 percent to 80.813 and …

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Harris Supports Deep Space Network for NASA’s Juno Mission

network

TYSONS CORNER, VA, July 7, 2016 — Harris Corp. (NYSE: HRS) has supported NASA‘s Juno mission to Jupiter by providing operations, maintenance and engineering support to the Jet Propulsion Laboratory’s Deep Space Network, ExecutiveBiz reported Wednesday. The company said Tuesday it managed the operations centers, maintenance facilities and antenna infrastructure of DSN, which works to …

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July 1 Market Close: GovCon Index Holds Positive Despite PM Descent

GovConIndexUP

Executive Mosaic’s GovCon Index descended into narrow range during afternoon trade after a strong morning session Friday but held in positive ahead of a three-day holiday weekend. The GovCon Index posted a gain of 0.178 points to 79.718 and ends the week up 3.216 percent in a sharp turnaround from Monday’s losses in the …

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Harris Picks Securus to Market Device Blocker Tech to US Prisons; Ed Zoiss Comments

Ed Zoiss

TYSONS CORNER, VA, July 1, 2016 — Harris Corp. (NYSE: HRS) has tapped Securus Technologies to market the former’s Cell Defender technology to state, county and local correctional facilities under an exclusive distribution agreement, ExecutiveBiz reported Thursday. Securus said Wednesday it will also install, operate and maintain Cell Defender, which works to block contraband devices …

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Harris to Supply Maritime EW Decoy Systems to Navy; Ed Zoiss Comments

Ed Zoiss

TYSONS CORNER, VA, June 28, 2016 — Harris Corp. (NYSE: HRS) will provide $27 million in maritime electronic warfare payloads as well as test and engineering services to the U.S. Navy in support of the Naval Research Laboratory’s Advanced Decoy Architecture Project, ExecutiveBiz reported Monday. The company said Monday the NRL program …

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Harris’ $1.7B Radio Systems FMS Contract Takes Effect

ManpackRadio

A $1.7 billion contract between the U.S. Army and Harris Corp. (NYSE: HRS) for the supply of company-built tactical radios to Afghanistan took effect Wednesday. The Defense Department said Wednesday it “inadvertently” announced the service branch’s award of the foreign military sales contract to Harris on June 16. The contract will run …

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June 21 Market Close: GovCon Index Narrowly Down, US-Focused Contractors Gain in Brexit-Dominated Trade

GovConIndexDOWN

The GovCon Index fell into narrow range in afternoon trade Tuesday and closed at a nominal loss of 0.099 points to 79.190 as global investors continued to gauge the possibility of Britain’s departure from the European Union in a Thursday referendum there with new polls indicating a close vote either way. Many lead …

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Army Taps Harris for $1.7B Radio FMS Contract With Afghanistan

HARRIS

Harris Corp. (NYSE: HRS) has been awarded a potential five-year, $1.7 billion contract by the U.S. Army to produce military radio systems, ancillaries and spare parts for Afghanistan under a foreign military sales agreement. The Defense Department said Thursday that work location will depend on individual orders and the company is scheduled to finish work by June …

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