Harris Corporation

Harris Corporation is a leading American technology innovator that has been providing advanced defense and information technology systems for over a century, with a strong presence in the United States Department of Defense, National Aeronautics and Space Administration, and Federal Aviation Administration. The company has a long history of developing and manufacturing radio communication systems, radar systems, and electronic warfare systems, working closely with major defense contractors like Lockheed Martin, Boeing, and Northrop Grumman. Harris Corporation has also collaborated with renowned research institutions, including Massachusetts Institute of Technology, Stanford University, and California Institute of Technology, to advance its technology and innovation capabilities. The company's products and services have been used in various notable missions, such as the Apollo 11 moon landing and the International Space Station program.

● History

Harris Corporation was founded in 1895 by Alfred S. Harris as a small printing business, The International Printing Company, which later became a major manufacturer of printing presses and other equipment for the newspaper industry. Over the years, the company has undergone significant transformations, including its expansion into the telecommunications and defense industries during World War II, working with prominent companies like Western Electric and Bell Labs. Harris Corporation has also played a crucial role in the development of various notable technologies, including satellite communications systems used in the Intelsat and Inmarsat programs, and navigation systems used in the Global Positioning System (GPS). The company has received numerous awards and recognitions for its contributions to the defense and technology industries, including the National Medal of Technology and Innovation and the Secretary of Defense Medal for Outstanding Public Service.

● Products and Services

Harris Corporation offers a wide range of products and services, including communication systems, electronic warfare systems, radar systems, and cybersecurity solutions, which are used by various government agencies, including the United States Army, United States Navy, United States Air Force, and National Security Agency. The company's products have been used in various notable programs, such as the F-35 Lightning II and F-22 Raptor fighter jet programs, and the Arleigh Burke-class destroyer program. Harris Corporation has also developed advanced satellite systems, including the Landsat 8 and GOES-R satellites, in collaboration with NASA and the National Oceanic and Atmospheric Administration. The company's cybersecurity solutions have been used by major organizations, including DARPA and the Department of Homeland Security, to protect against cyber threats and data breaches.

● Acquisitions and Mergers

Harris Corporation has made several strategic acquisitions and mergers over the years to expand its capabilities and product offerings, including the acquisition of General Instrument in 1993, Farinon Electric in 1996, and Multilink Technology Corporation in 2004. The company has also merged with other major defense contractors, such as Exelis Inc. in 2015, to form a new company, Harris Corporation and Exelis Inc., which later became part of L3Harris Technologies after merging with L3 Technologies in 2019. Harris Corporation has also partnered with other companies, including BAE Systems and Raytheon Technologies, to develop and manufacture advanced defense systems, such as the Patriot missile system and the Aegis Combat System.

● Financial Information

Harris Corporation has consistently reported strong financial performance over the years, with significant revenue growth and profitability, driven by its diverse portfolio of products and services, and its strong presence in the defense and technology industries. The company's financial performance has been recognized by major financial institutions, including Bloomberg and Forbes, which have ranked Harris Corporation as one of the top-performing companies in the S&P 500 index. Harris Corporation has also been recognized for its commitment to corporate social responsibility and sustainability, including its efforts to reduce its carbon footprint and promote diversity and inclusion in the workplace.

● Corporate Governance

Harris Corporation is led by a strong and experienced management team, including William M. Brown, the company's former chairman, president, and CEO, who has played a crucial role in shaping the company's strategy and direction, and Sheldon Fox, the company's former CFO, who has overseen the company's financial operations and mergers and acquisitions activities. The company's board of directors includes prominent individuals, such as James F. Albaugh, former CEO of Boeing Commercial Airplanes, and Ann E. Dunwoody, former United States Army general, who have provided strategic guidance and oversight to the company. Harris Corporation is committed to maintaining the highest standards of corporate governance and ethics, and has implemented various policies and procedures to ensure compliance with relevant laws and regulations, including the Sarbanes-Oxley Act and the Foreign Corrupt Practices Act.