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MarketScreener Homepage  >  Equities  >  Nyse  >  Harris Corporation    HRS

HARRIS CORPORATION

(HRS)
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Harris : Announces Symphony Console Software Release

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12/07/2018 | 09:52am EDT

Highlights:

  • Provides dispatchers improved access to radio users and network management information
  • Allows dispatchers to disable lost radios and access real-time radio traffic information
  • Includes call playback speaker selection function and conventional base station control

Harris Corporation (NYSE: HRS) has announced a software release for its Symphony dispatch console that will provide dispatchers with improved access and control of portable and mobile radios on the system.

The latest software release includes functionality giving dispatchers the ability to disable lost or stolen radios, access the network and see real-time traffic information. The call playback speaker selection function allows dispatchers to direct playback audio to specific speakers connected to the console. To further reinforce Harris' partnership with Tait Communications, the new software also gives dispatchers the ability to remotely control Tait's TB9100 and TB9400 conventional base stations.

'Our Symphony dispatch console is uniquely designed to enhance daily operational work for dispatchers and give them a state-of-the-art user experience. The easier they can access information, the better they can do their jobs,' said Ryan Carson, director, strategy and product line management, Harris Communication Systems. 'This update is another step in furthering our technology to provide more insight to everyone on emergency communications teams.'

Harris Public Safety and Professional Communications is a leading supplier of communications systems and equipment for public safety, federal, utility, commercial and transportation markets. The business has more than 80 years of experience in public safety and professional communications and supports more than 500 systems around the world.

About Harris Corporation
Harris Corporation is a leading technology innovator, solving customers' toughest mission-critical challenges by providing solutions that connect, inform and protect. Harris supports government and commercial customers in more than 100 countries and has approximately $6 billion in annual revenue. The company is organized into three business segments: Communication Systems, Electronic Systems and Space and Intelligence Systems. Learn more at harris.com.

Forward-Looking Statements
This press release contains forward-looking statements that reflect management's current expectations, assumptions and estimates of future performance and economic conditions. Such statements are made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The company cautions investors that any forward-looking statements are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements. Statements about solution capabilities are forward-looking and involve risk and uncertainties. Harris disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

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Disclaimer

Harris Corporation published this content on 07 December 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 07 December 2018 14:51:02 UTC

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Financials ($)
Sales 2019 6 741 M
EBIT 2019 1 286 M
Net income 2019 939 M
Debt 2019 3 026 M
Yield 2019 1,46%
P/E ratio 2019 24,00
P/E ratio 2020 20,43
EV / Sales 2019 3,75x
EV / Sales 2020 3,47x
Capitalization 22 248 M
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Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 198 $
Spread / Average Target 5,3%
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Managers
NameTitle
William M. Brown Chairman, President & Chief Executive Officer
Sheldon J. Fox Senior VP-Operations & Information Technology
Rahul Ghai Chief Financial Officer & Senior Vice President
Ross Niebergall Chief Technology Officer & Vice President
Leslie F. Kenne Independent Director
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