Tag Archives: sheldon fox

Harris Unveils Company’s New Structure Post-Exelis Acquisition; William Brown Comments

Harris Corp. (NYSE: HRS) has unveiled the company’s new business structure that will take effect Friday, almost one month after the defense and communications technology maker closed its $4.75 billion acquisition of Exelis. Harris said Wednesday its reorganization into four business units will coincide with the end of the company’s 2016 fiscal year on Friday. …

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Harris Team Wins Spot on $10B Army Comm Equipment IDIQ; Sheldon Fox Comments

A Harris Corp. (NYSE: HRS) team has won a prime position on a potential $10 billion U.S. Army contract for tactical communications systems and equipment, the company announced Wednesday. Under the five-year indefinite-delivery/indefinite-quantity contract, the team will compete to provide defense and civilian agencies products, systems and engineering services. “Harris …

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Harris to Provide Avionics Infrastructure for Lockheed F-35 Production

Harris Corp. (NYSE: HRS) has been awarded a contract from Lockheed Martin (NYSE: LMT) to provide avionics infrastructure components for the Defense Department‘s F-35 Lightning II fighter aircraft. The contract covers the production of up to 32 additional aircraft with more than 90 low-rate initial production aircraft under contract to date. More …

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Harris Wins $52M Award to Modernize Army Satellite Terminals

Harris Corp. (NYSE: HRS) has received a $51.5 million delivery order for advanced satellite terminals under the U.S. Army’s modernization and enterprise terminals program. The company will supply additional terminals, including transportable X-/Ka-band and large fixed X-/Ka-band. Harris will also provide equipment racks, operator training and spares to support terminal fielding. Harris …

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