Harris Corporation Expands Radio Manufacturing Capacity to Meet Growing Military Communications Requirements
ROCHESTER, NY, June 26, 2006 — Harris Corporation (NYSE:HRS) is expanding manufacturing capacity and increasing employment at its RF Communications Division in Rochester, New York, to meet the growing demand for the company’s advanced military communications solutions. Harris is significantly increasing the manufacturing capacity of the Rochester facility, where company employees and government officials gathered today to mark the expansion.
“This investment in state-of-the-art technology supports our division’s growing product and customer base and demonstrates our commitment and proven ability to serve the U.S. Department of Defense and international customers,” said Al Simon, vice president of operations, Harris RF Communications Division. “We take a commercial approach to manufacturing by building radios in anticipation of customer requirements. This ensures on-time deliveries, even on very short deadlines. In addition to the increased space and expanded product lines, our continuous attention to process improvement further streamlines production and reduces the time to market for new products.”
Harris is a major tactical communications supplier to all branches of the U.S. Armed Forces and allied nations worldwide. During the first three quarters of fiscal year 2006, revenue in the RF Communications Division was up 52 percent, compared to the prior-year period, as a result of demand for its Falcon® family of tactical radios, including the AN/PRC-150(C), AN/PRC-152(C), and AN/PRC-117F(C) radio systems.
Harris will add about 200 new jobs between now and the end of calendar year 2006, bringing the company’s total employment in Rochester to approximately 2,200 people.
“We have made a strong commitment to the Rochester community,” said Chet Massari, president, RF Communications Division. “We announced plans last July to add 150 jobs and we are proud to have added over 200. Harris has grown employment substantially in the last two years, and we will continue to draw on seasoned, local talent.”
Harris RF Communications is a leading supplier of secure voice and data communications products, systems, and networks to military, government, and commercial organizations worldwide. Harris is an international communications and information technology company serving government and commercial markets in more than 150 countries. With headquarters in Melbourne, Florida, the company has annual sales of over $3 billion and more than 13,000 employees — including 5,500 engineers and scientists — dedicated to the development of best-in-class assured communications™ products, systems, and services. The company’s operating divisions serve markets for government communications, RF communications, broadcast communications, and microwave communications. Additional information about Harris Corporation is available at www.harris.com.
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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 the expected value of the program to Harris are forward-looking and involve risks and uncertainties. Other factors that may impact the company’s results and forward-looking statement may be disclosed in the company’s filings with the SEC. 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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