By USAStockValuation:Harris Corporation (HRS) provides communications and information technology to government, defense and commercial clients around the world. It was founded in 1916 and is based in Melbourne, Florida. It is one of the top 100 federal contractors.
Some of the offerings of HRS include secure tactical radio communications for military, defense and other government organizations, as well as complete communication systems for defense, national intelligence, federal and civil customers. The company also serves TV stations and networks; cable, satellite, telecommunications and other media content providers; and sports and entertainment organizations, providing integrated network solutions and broadcast communications.
Recent Performance
HRS has grown EPS from $0.63 to $4.67 over the last 10 years representing an impressive 22% growth rate. It has generated $3.3B of cash flow over the past 10 years versus $2.8B of total net earnings. See the below graph - importantly during the downturn in 2009 though the company's
Complete Story »