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Harris Corp

Communications equipment company.

Headquarters:
1025 West NASA Blvd.
Melbourne, FL 32919
Employees: 15,000
CEO: Howard Lance
Stock Quote: HRS

Website: http://www.harris.com

Career Site

Harris is an international communications and information technology company serving government and commercial markets in more than 150 countries. Headquartered in Melbourne, FL, the company has annual revenue of about $5 billion and 15,000 employees - including nearly 7,000 engineers and scientists.

Harris has sales and service facilities in more than 90 countries.

The company's main divisions include:

Defense Programs
Communication, command, control, computer, and intelligence (C4I) systems; custom aircraft and spaceborne communication systems; and data processing systems that collect, process, display, and distribute information.

RF Communications Division
Secure radio products, systems, and networks; and encryption solutions for military, government, and commercial organizations worldwide.

Broadcast Communications Division
Analog and digital broadcast equipment, studio systems, automation and network management systems.

Harris Stratex Networks
Wireless Transmission Network Solutions.

National Intelligence Programs

The company reported revenue of $5.0 billion in fiscal 2009 and net income of $37.9 million.

History

Alfred and Charles G. Harris loved to tinker. When they weren't running their jewelry store in Niles, Ohio, they often were inventing. In fact, they had lost a goodly sum of money on a nail feeder invention, a racing-sulky speed indicator, and a 24-hour clock.

Although the brothers agreed they would not get involved with any more inventions, in 1890 they were once again tinkering with an automatic sheet feeder that would eliminate the laborious job of hand-feeding printing presses. They soon began to develop a new printing press that was better able to handle their automatic feeder.

The company's first plant was two rooms in this old house in Niles, OH, where President William McKinley was born.

This time the Harris brothers felt they were on to something big. On December 23, 1895, the Harris Automatic Press Company was incorporated and went into business in two rooms in an old house in Niles-the house, incidentally, in which President William McKinley had been born.

Their first press was a revolutionary breakthrough, delivering 10 times what a pressman could feed by hand. The press was so much faster than anything available that the brothers had to understate significantly the capabilities of the press in order to get potential customers to believe them.

The Harris Automatic Press Company was responsible for many printing innovations during the early 1900s including the first commercially successful offset lithographic press and the first two-color offset press. The company made several key acquisitions in addition to strong internal growth during the first half of the century and became one of the world's largest and most successful manufacturers of printing equipment.

In 1957 Harris-Seybold merged with Intertype Corporation, a world leader in typesetting equipment. The resulting Harris-Intertype Corporation would be responsible for many subsequent innovations in the typesetting industry.

Harry Porter (left), head of sales, and George Dively, general manager of Harris-Seybold, inspect an Intertype Corporation typesetting machine. Harris-Intertype Corporation was formed by merger on June 27, 1957.

Beginning in the mid-1950s Harris-Intertype developed a much broader view of its destiny-to become a manufacturer of equipment for communication, not just printed communication but also in the broad field of electronic communications. In 1957, Harris-Intertype acquired Gates Radio of Quincy, Illinois (which would become the Harris Broadcast Division), and in 1959 acquired PRD Electronics of Brooklyn, New York, a producer of microwave test equipment. The company's most significant commitment to growth in electronics would follow eight years later. In 1967 Harris acquired Radiation Incorporated, a manufacturer of space and military electronics located in Melbourne, Florida, just south of Cape Canaveral.

Radiation Inc. was the foundation for Harris' current Government Communications Systems business and the company's former Semiconductor business. The company had started in 1950 with four employees in a small two-story building located at the former Naval Air Station on the site of what is now the Melbourne International Airport.

Radiation quickly became a premier developer of miniaturized electronic tracking and pulse code technologies for America's new space program. Radiation's products were used on America's first communication and weather satellites and by the military for the Minuteman, Atlas, and Polaris missile systems.

Electronics from Radiation also were instrumental in the first manned space flights, and the Apollo mission to the Moon. Radiation was an early entrant into the microelectronics business, and in 1963 developed its first working semiconductor for use in its digital communications equipment.

Homer Denius and George Shaw were co-founders of Radiation Inc., which was the foundation for Harris' Government Systems and Semiconductor businesses.

Following the merger of Harris-Intertype and Radiation in 1967, the company continued to expand significantly its participation in electronics. Harris acquired RF Communications of Rochester, New York, in 1969 and in 1980 acquired Farinon Corporation, a producer of microwave radios and parent of Digital Telephone Systems, and Dracon Industries. These companies, along with the Broadcast Products Division, would become the foundation of Harris' worldwide communications business.

In 1974 the name of the company was changed to Harris Corporation, and four years later Harris moved its headquarters from Cleveland to Melbourne, which had become the technical heart of the company. It had also become clear that electronics would provide the best opportunities for continued strong growth.

Harris sold its printing equipment business in 1983 and acquired Lanier Business Products, later renamed Lanier Worldwide. Lanier, headquartered in Atlanta, Georgia, was the world's largest independent supplier of office systems. In 1988 Harris acquired General Electric's semiconductor operations, which more than doubled the size of Harris' existing semiconductor business. The acquisition significantly expanded Harris' participation in commercial semiconductor markets for automotive, telecommunication, and power products.

At the time of its centennial celebration in 1995, Harris had become a worldwide company with annual sales of approximately $3.5 billion and 27,000 people focused on four major businesses-Electronic Systems, Semiconductors, Communications, and Lanier office systems.

Harris implemented a significant restructuring program in 1999 and set a bold new course by refocusing all of its resources on the global communications equipment market. It sold its Semiconductor business - now called Intersil - and spun off its Lanier Worldwide subsidiary as a tax-free dividend to shareholders.

Recently, Harris completed three very successful strategic acquisitions. In July 2004, the Orkand Corporation was acquired and has been integrated into the Harris Technical Services business. In November 2004, Harris acquired Encoda Systems, and in October 2005 it completed acquisition of Leitch Technology Corporation - both are now part of the Harris Broadcast Communications Division.

In January 2007, Harris merged its Microwave Communications Division with Stratex Networks creating Harris Stratex Networks, Inc., the world's leading independent supplier of turnkey wireless network solutions serving customers in more than 135 countries.

Benefits

Insurance
- We offer medical, dental and vision coverage for employees and their families
Paid Time Off
- Generous Paid Time Off program and recognize all national holidays
- Some facilities work 80 hours over nine weekdays, and then have a three-day weekend
401(k)
- Company match 401(k) for all employees
Tuition Reimbursement
- Personal and professional development is important to us. That's why we offer a tuition reimbursement plan.
Spending Accounts
- Health Care Spending Account
- Dependent Care Spending Account

Updated January 9, 2010