Harris Corporation (NYSE:HRS)

Harris Corp. (NYSE:HRS) | Products & Business Segments

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Harris Corporation, together with its subsidiaries, is an international communications and information technology company serving government and commercial markets in more than 125 countries. The company is dedicated to developing best-in-class communications products, systems and services for global markets, including RF communications, integrated network solutions and government communications systems.

Harris Corporation was incorporated in Delaware in 1926 as the successor to three companies founded in the 1890s. The company is headquartered in Melbourne, Florida.

On May 29, 2015, Harris acquired publicly held Exelis Inc., a diversified, top-tier global aerospace, defense, information and services company that leverages its deep customer knowledge and technical expertise to deliver affordable, mission-critical solutions to military, government and commercial customers in the United States and globally. Exelis is a leader in positioning and navigation, sensors, air traffic management solutions, image processing and distribution, communications and information systems; and focused on strategic growth in the areas of critical networks, intelligence, surveillance and reconnaissance (ISR) and analytics, electronic warfare and composite aerostructures. Each outstanding share of Exelis common stock converted into the right to receive $16.625 in cash and 0.1025 of a share of Harris common stock. Legacy Harris shareholders own 84% of the combined company and legacy Exelis shareholders own 16%. Based on the closing price of $79.22 per share of Harris common stock on May 29, 2015, the date of the closing of the acquisition, the aggregate implied value of the consideration paid to former holders of Exelis common stock in connection with the acquisition was approximately $4.7 billion, including approximately $1.5 billion in Harris common stock and approximately $3.2 billion in cash. The acquisition of Exelis creates significantly greater scale, bringing together two engineering-driven companies and workforces with similar cultures that value technology leadership. Together, the two companies' complementary technologies and capabilities strengthen core franchises and provide new opportunities for innovation to solve customers' most complex challenges. Exelis had annual sales of $3.3 billion in calendar year 2014.

Harris Corporation operates in four principal business segments:

RF Communications
Government Communications Systems
Integrated Network Solutions

The following table highlights Harris' sales from 2013 to 2015 by segment:
Harris Corporation's Segment Sales

RF Communications segment, comprised of:
(1) U.S. Department of Defense and International Tactical Communications
(2) Public Safety and Professional Communications.

Government Communications Systems segment, comprised of:
(1) Civil Programs
(2) Defense Programs
(3) National Intelligence Programs.

Integrated Network Solutions segment, comprised of:
(1) IT Services
(2) Managed Satellite and Terrestrial Communications Solutions

This segment results from the acquisition of Exelis and its subsidiaries on May 29, 2015, provides positioning and navigation, sensors, air traffic management solutions, image processing and distribution, communications and information systems.

RF Communications


RF Communications is a global supplier of secure tactical radio communications and high-grade encryption solutions for military, government and commercial customers and also of secure communications systems and equipment for public safety, utility and transportation customers.

Revenues for the RF Communications segment were $1,775 million in fiscal 2015 down from $1,828 million in fiscal 2014. The RF Communications segment contributed 35% of Harris' total revenues in fiscal 2015 compared with 37% in fiscal 2014.

     Financial results for Harris Corporation's RF Communications segment were as follows:
Financial Results for Harris Corporation's principal lines of business

The RF Communications segment serves (1) U.S. Department of Defense and International Tactical Communications and (2) Public Safety and Professional Communications markets.

U.S. Department of Defense and International Tactical Communications Market

Harris designs, develops and manufactures a comprehensive line of secure radio communications products and systems for manpack, handheld, vehicular, airborne, strategic fixed-site and shipboard installations that span the communications architecture from High Capacity Line of Site, backbone radios to small soldier personal radios and tablet computers. The radios operate in various radio frequency bands, including high-frequency, very high-frequency, ultra high-frequency (UHF) and L-band, with higher frequencies supported for some of Harris' network backbone products. The company's radio systems are highly flexible, interoperable and capable of supporting diverse mission requirements. The Falcon families of tactical radios are built on software-defined radio platforms that are reprogrammable to add features or software upgrades. The Falcon radios also have the highest grade embedded encryption and provide highly mobile, secure and reliable network communications capability without relying on a fixed infrastructure. This capability allows warfighters, for example, to remain connected with each other and their command structures and support organizations. It also provides them the ability to communicate information and maintain situational awareness of both friendly and opposing forces, which are critical to both the safety and success of their missions. Harris' radio systems have been widely deployed throughout all branches of the U.S. Department of Defense (DoD) and, in the international market, have been sold to more than 100 countries through the company's international distribution channels consisting of regional sales offices and a broad dealer network and have become the standard in many of those countries.

Harris' Falcon III family of radios is the next generation of multiband, multi-mission tactical radios supporting U.S. and international network-centric operations worldwide. The company's Falcon III radios address the full range of current mission and interoperability requirements and are fully upgradeable to address changing technical standards and mission requirements of the future. Advances in the company's Falcon III radios include the support of wideband networking waveforms, extended frequency range and significant reductions in weight and size compared with previous generations.

Falcon III radios are used in a wide variety of ground, vehicular and airborne applications and include the following: 1) the AN/PRC-117G multiband manpack radio, which provides wideband networking capability, enabling enhanced situational awareness through high-bandwidth applications such as streaming video, simultaneous voice and data feeds, collaborative chat and connectivity to secure networks, and which is National Security Agency (NSA) Type-1-certified for narrowband communications, as well as for wideband communications using the Harris-developed Adaptive Networking Wideband Waveform for high bandwidth data operation and the U.S. military Joint Tactical Radio System (JTRS) Soldier Radio Waveform; 2) the AN/VRC-118 2-channel vehicular radio system, which uses the DoD-developed Wideband Networking Waveform and was selected as the U.S. Army's solution for its JTRS Mid-Tier Networking Vehicular Radio program; 3) the AN/PRC-152 multiband handheld radio, which is the world's most widely fielded JTRS-approved software-defined handheld radio and offers a wide range of capabilities, and the AN/PRC-152A, which builds on Harris' AN/PRC-152 by adding wideband, networked communications capability and is the first radio of its kind to support both a full range of narrowband legacy waveforms and wideband networking waveforms in a handheld platform; 4) the AN/PRC-158 multi-channel manpack radio, which is the first and only commercially developed, NSA Type-1-certified radio offering two channels integrated into the same chassis, and the wideband rifleman team radio; and 5) the RF-330E, which is the commercially developed U.S. variant of Harris' widely fielded international soldier personal radio.

Public Safety and Professional Communications Market

Harris designs, builds, distributes, maintains and supplies wireless communications systems. The company's Voice, Interoperability, Data and Access (VIDA) network platform is a unified Internet Protocol (IP) based voice and data communications system that provides network-level interoperable communications among public safety agencies by supporting a full line of communications systems, including OpenSky, NetworkFirst, P25IP and Enhanced Digital Access Communication System. The company's VIDA network solutions currently serve as the backbone in some of the largest and most advanced statewide and regional communications networks in North America. Harris is also investing in next-generation, secure public safety-grade Long Term Evolution (LTE) solutions for voice, video and data applications.

Harris also offers a full range of single-band land mobile radio terminals, as well as the company's Unity family of multiband radios, including a handheld radio and a full-spectrum mobile radio for vehicles. The Unity multiband radios cover all public safety frequency bands in a single radio; operate on Association of Public Safety Communications Officials — International (APCO) P25 conventional and trunked systems; are backwards compatible with analog FM systems; and include advanced capabilities, such as an internal Global Positioning System (GPS) receiver for situational awareness, internal secure Bluetooth wireless technology and background noise suppression features. They also include true software-defined radio architecture that allows flexibility for future growth, including a software-only upgrade to APCO P25 Phase 2, the next-generation standard for mission-critical communications. The Unity radios' multiband, multi-mode capabilities enable a single radio to communicate with multiple organizations, jurisdictions and agencies operating on different frequencies and systems, providing a significant improvement over many current radio systems for U.S. public safety, which are not interoperable and thus require users to carry multiple radios or route transmissions through ad-hoc network bridges, often configured at the time of an emergency, and resulting in instances where agencies responding to a common incident cannot talk to each other. In fiscal 2015, the company introduced its new XG-15 portable radio, which provides public service workers with APCO P25 capability at a competitive price. Harris also offers dispatch console systems.

Government Communications Systems


The Government Communications Systems segment conducts advanced research studies, develops prototypes, and produces state-of-the art spaceborne, airborne and terrestrial communications and information processing systems that solve the mission-critical challenges of Harris' civilian, intelligence and defense government customers worldwide, primarily the U.S. Government.

Revenues for the Government Communications Systems segment were $1,855 million in fiscal 2015 compared with $1,801 million in fiscal 2014. This segment contributed 37% of Harris' total revenues in fiscal 2015 compared with 36% in fiscal 2014.

     Financial results for Harris Corporation's Gov't Communications Systems segment were as follows:
Financial Results for Harris Corporation's principal lines of business

The Government Communications Systems segment serves (1) Civil, (2) National Intelligence and (3) Defense markets.

Civil Market

Harris provides highly reliable, mission-critical communications and information processing systems that meet the most demanding needs of civilian U.S. Government agencies, including the Federal Aviation Administration (FAA) and the National Oceanic and Atmospheric Administration (NOAA). Harris uses its ability to implement and manage large, complex programs that integrate secure, advanced communications and information processing technologies in order to improve productivity and to achieve cost savings for the company's customers. The company's networks and information systems for large-scale, geographically dispersed enterprises offer advanced capabilities for collecting, processing, analyzing, interpreting, displaying, distributing, storing and retrieving data. Harris is a leader in satellite ground data processing, in which the company's systems consisting of complex suites of hardware and software receive sensor data from satellites and turn it into useable information.

Harris is the prime contractor and system architect under a 20-year contract awarded in July 2002, with a potential value of $5 billion, for the FAA Telecommunications Infrastructure (FTI) program to integrate, modernize, operate and maintain the communications infrastructure for the U.S. air traffic control system. Harris designed and deployed, and are currently operating and maintaining, the FTI network, which is a fully operational, modern, secure and efficient network providing voice, data and video communications deployed at approximately 4,500 FAA sites across the U.S. (including administrative sites supported by the FTI network).

Harris has recently been awarded multiple contracts for essential elements of the FAA's multi-billion dollar Next Generation Air Transportation System (NextGen) initiative to transform the U.S. air traffic control system to meet future requirements, including: 7-year contracts, with an aggregate contract value of $481 million, for the Data Communications Integrated Services (Datacomm) program (including the Data Communications Network Service component) to transform voice-based air traffic control to automated air traffic management; a 15-year, $291 million NextGen National Airspace System (NAS) Voice System contract to create a modern Voice Over Internet Protocol (VoIP) network for communications among air traffic controllers, pilots and ground personnel; an 8-year, $238 million contract from the FAA for the Common Support Services Weather program to design and implement a system that provides real-time weather information across the NAS; and a 5-year, $63 million NAS Enterprise Messaging Service contract that provides the Systems Wide Information Management program with enterprise-wide data sharing for a variety of critical information such as flight planning, traffic flow, surface radar and weather.

Harris has also developed a number of other solutions under FAA programs, including a voice switching and control system providing the critical air-to-ground communications links between en-route aircraft and air traffic controllers throughout the continental U.S.; an integrated weather briefing and flight planning system for Alaska's general aviation community; a meteorological data processing system that generates radar mosaic data for air traffic controller displays and delivers weather data to critical subsystems within the NAS; and a satellite-based Alaskan NAS interfacility communications system linking the Alaskan Air Route Traffic Control Center in Anchorage with FAA facilities throughout the region.

Another example of Harris' capabilities relates to the NOAA Geostationary Operational Environmental Satellite — Series R (GOES-R) Ground and Antenna Segment weather programs. Under two 10-year contracts, with an aggregate potential value of approximately $1 billion (including change orders), Harris is providing a complete, end-to-end solution to design, develop, deploy and operate the ground segment system that will receive and process satellite data and generate and distribute weather data to more than 10,000 direct users, as well as providing the command and control of operational satellites. The company is also supplying antennas and control systems that will provide communications links for command, telemetry and sensor data, as well as the communications link to direct data users. The new antennas will operate with next-generation GOES-R satellites and will be compatible with existing GOES-N through GOES-P satellites.

Harris is also are modernizing the ground segment of the Tracking and Data Relay Satellite System (TDRSS) network under a 5-year contract, potentially worth $140 million, for the Space Network Ground Segment Sustainment (SGSS) program for the National Aeronautics and Space Administration (NASA). The TDRSS network is used by satellites and spacecraft in low-Earth orbit to relay data continuously to ground stations in White Sands, New Mexico and in Guam. The modernization will improve situational awareness for TDRSS network operators, upgrade computing and signal processing equipment, enhance reliability and maintainability, improve efficiency and reduce operations and sustainment costs.

National Intelligence Market

A significant portion of this market involves classified programs. Harris is a major developer, supplier and integrator of communications and information processing products, systems and networks for a diverse base of U.S. Intelligence Community programs, and supports the ongoing transformation of the Intelligence Community into a more collaborative enterprise. Serving primarily national intelligence and security agency customers, including the NSA, the National Reconnaissance Office and the National Geospatial-Intelligence Agency (NGA), Harris provides integrated ISR solutions that improve situational awareness, data collection accuracy and product analysis by correlating near real-time mission data and intelligence reference data for display and analysis by strategic and tactical planners and decision makers. Harris' ISR systems help to integrate information across the analyst workflow, accelerating the movement of information that has been collected and processed.

Harris' image processing capabilities extend from algorithm development through delivery of operations systems, and the company is providing advanced image exploitation and dissemination solutions for ISR applications by advancing image processing, image data fusion, display technologies and digital product generation techniques. Applicable technologies range from new techniques for merging and displaying imagery to automated techniques for image screening, cueing and remote visualization. Also, Harris' mapping and visualization capabilities provide complete, accurate and timely knowledge about the threat, terrain, status and location of single or multiple opposing and friendly forces and their support by utilizing data, pictures, voice and video drawn from vast storage banks or from real-time input which can be transmitted around the world in fractions of a second. In addition, Harris has industry-leading capabilities in the architecture, design and development of highly specialized satellite antennas, structures, phased arrays and on-board processors, which are used to enable next-generation satellite systems to provide the U.S. military and intelligence communities with strategic and tactical advantages. Harris is also a leader in the design and development of antenna and reflector technologies for commercial space telecommunications applications. With more than 50 reflectors in orbit, the company is the leading supplier of large reflector apertures and deployable mesh antenna systems for government and commercial applications.

Defense Programs

Harris develops, supplies and integrates communications and information processing products, systems and networks for a diverse base of aerospace, terrestrial and maritime applications supporting DoD missions, and is committed to delivering leading-edge technologies that support the ongoing transformations of military communications for U.S. and international customers. Harris' technologies are providing advanced mobile wideband networking capabilities to assure timely and secure network-centric capabilities across strategic, operational and tactical boundaries in support of the DoD's full spectrum of warfighting, intelligence and logistics missions. Harris' major technology capabilities include advanced ground control systems and SATCOM terminals for transportable ground, fixed-site and shipboard applications; flat-panel, phased-array and single-mission antennas; advanced aviation electronics for military jets, including digital maps, processors, sensors, data buses, fiber optics and microelectronics; and high-speed data links and data networks for wireless communications. Harris also develops and supplies state-of-the-art wireless voice and data products and solutions.

Examples of Harris' ongoing programs in this market include the following: 1) The U.S. Army Modernization of Enterprise Terminals (MET) program, for which the company is developing, under a 10-year contract awarded in fiscal 2009 with a potential value of $600 million, next-generation large satellite earth stations to provide the worldwide backbone for high-priority military communications and missile defense systems and to support IP and Dedicated Circuit Connectivity within the Global Information Grid, providing critical reach-back capability for the warfighter; 2) The F-35 Lightning II Joint Strike Fighter and F/A-18E/F Super Hornet aircraft platform programs, for which Harris provides high-performance, advanced avionics such as high-speed fiber optic networking and switching, intra-flight data links, image processing, digital map software and other electronic components, including Multifunction Advanced Data Link communications subsystems primarily intended for stealth platform air-to-air communications and which allow F-35s to communicate in a stealth fashion with other network nodes without revealing their positions; and 3) The U.S. Navy’s Commercial Broadband Satellite program, for which Harris is providing shipboard terminals that give crews access to high-bandwidth voice and data communications.

Integrated Network Solutions


Harris' Integrated Network Solutions segment provides integrated communications and information technology and services, including a variety of trusted networking capabilities, to support government, energy and maritime customers.

Revenues for the Integrated Network Solutions segment were $1,239 million in fiscal 2015 compared with $1,463 million in fiscal 2014. The Integrated Network Solutions segment contributed 25% of Harris' total revenues in fiscal 2015 compared with 29% in fiscal 2014.

     Financial results for Harris Corporation's Integrated Network Solutions segment were as follows:
Financial Results for Harris Corporation's principal lines of business

The Integrated Network Solutions segment serves (1) IT Services and (2) Managed Satellite and Terrestrial Communications Solutions markets. Harris also served the Commercial Healthcare Solutions market until July 1, 2015, when it completed the divestiture of HCS.

IT Services Market

Harris is a leading systems and network integrator and prime contractor providing mission-critical, end-to-end IT services for defense, intelligence, homeland security and civilian government customers. Harris has positions as a prime contractor on many key U.S. Government IDIQ contract vehicles related to IT services. Examples of the company's work in designing, integrating, deploying, operating and supporting secure communications systems and information networks for complex, mission-critical applications are discussed in the following.

Harris is providing operations and maintenance support at locations around the world for the communications functions for the U.S. Air Force 50th Space Wing's Satellite Control Network, a global, continuously operational network of ground stations, operational control nodes and communications links that support launch and command and control (C2) of various space programs managed by the DoD and other national security space organizations, under the Network and Space Operations and Maintenance (NSOM) program, and Harris is a leader in satellite mission C2 systems, which feature COTS design and high levels of flexibility, are designed for government and commercial applications, and support single-satellite missions as well as some of the largest and most complex satellite fleets deployed.

Harris is also providing the Canadian government with engineering and logistics services to support the avionics systems on the CF-18 Hornet fighter aircraft under the CF-18 Avionics Optimized Weapon System Support program.

Furthermore, Harris provides IT integration of installation, training, help desk, passport and configuration management services for the U.S. Department of State under the Consular Affairs Support Services Contract in support of more than 240 U.S. embassies and consulates around the world.

Harris provides comprehensive operational and system maintenance support and engineering and technology enhancements for the Defense Information Systems Agency Crisis Management System for which the company was awarded a new, 10-year, $450 million single award IDIQ contract in fiscal 2015.

Harris also provides enterprise IT support services to the North American Air Defense Command and the U.S. Northern Command.

Harris is (1) providing electronic health record interoperability to enhance continuity of care between the DoD and the Department of Veterans Affairs (VA); (2) designing and installing a wireless network for VA medical centers; and (3) improving electronic data interoperability for claims processing, as one of eight companies in the large business category awarded the 5-year Transformation Twenty-One Total Technology IDIQ contract vehicle from the VA designed to upgrade the VA's IT system and covering services to streamline and modernize VA operations, including patient care delivery at more than 150 VA hospitals.

Managed Satellite and Terrestrial Communications Solutions Market

Harris CapRock Communications is a global provider of end-to-end fully-managed hybrid communications network solutions to critical operations in remote and harsh locations for energy, maritime and government customers. Harris owns and operates a robust global infrastructure that includes teleports on six continents; network operations centers running 24 hours per day, seven days per week; local presence in 23 countries; and over 200 global field service personnel supporting customer locations in more than 80 countries across North America, Central and South America, Europe, Africa and Asia-Pacific. Harris' customers include major land-based and offshore energy, mining and engineering and construction companies; leading transocean shipping and cruise line companies; and government and military customers with defense and intelligence missions. Harris combines satellite, terrestrial and wireless technologies to provide comprehensive communications solutions that connect customers' remote sites with each other and with distant headquarters. Harris' solutions focus on voice, data and networking solutions for remote sites and are supported by a global managed satellite network.

Examples of Harris' hybrid communications network solutions include the following: 1) satellite communications services, including all shipboard equipment, onboard IT system integration and satellite bandwidth, under multi-year agreements covering over 700 sites operating worldwide for one energy customer and over 80 sites operating worldwide for another energy customer; 2) data, voice and networking service to drilling ships operating in offshore Brazil and satellite communications to drilling ships operating in offshore Norway; 3) turnkey managed satellite communications to a fleet of 58 offshore supply vessels operating in the North Sea, Brazil, Australia and Indian Pacific regions and managed communication services on over 300 commercial shipping and service vessels; 4) managed global satellite communications services for a major cruise line across its fleet of more than 100 cruise ships and managed global communications services for more than 30 cruise ships for another major cruise line to improve overall communications performance and enhance guest and crew experiences; and 5) managed service networks leveraging 2 GHz of C-, Ku-, UHF- and X-band commercial space segment capacity for monitoring and control, teleport services, terrestrial communications, operations and maintenance to DoD agency customers operating around the world and to classified customers, supporting a range of missions, including airborne ISR, tactical field-deployed communications and continuity of operations.



As described above, Harris completed the acquisition of Exelis on May 29, 2015, approximately one month prior to the end of its fiscal 2015. Exelis is a diversified aerospace, defense, information and services business that leverages its deep customer knowledge and technical expertise to deliver affordable mission-critical solutions to military, government and commercial customers in the United States and globally. Exelis, provides positioning and navigation, sensors, air traffic management solutions, image processing and distribution, communications and information systems. On September 27, 2014, before being acquired by Harris, Exelis completed the spin-off of part of its military and government services business (Vectrus, Inc.).

Revenues for the Exelis segment were $279 million in fiscal 2015 and the segment contributed 6% of Harris' total revenues.

     Financial results for Harris Corporation's Exelis segment were as follows:
Financial Results for Harris Corporation's principal lines of business

The Exelis segment provides engineered systems and solutions, including ISR systems; geospatial systems; positioning, navigation and timing solutions; integrated electronic warfare systems; electronic attack and release systems; radar and reconnaissance systems; undersea systems; composite aerostructures; and communications and night vision systems for government and commercial customers globally. Exelis provides integrated real-time, autonomous geospatial solutions, extending from image and data collection through processing, exploitation and dissemination of actionable intelligence. Exelis' specialized capabilities include highly reliable remote sensing systems for ground, air and space, offering active and motion imaging; data encryption; information processing; real-time forensic and predictive analytics; and system performance modeling and simulation. The Exelis segment also provides ground processing and analytics solutions that map and monitor Earth for a variety of commercial and government users. The segment's environmental systems monitor and evaluate the global environment with ground based and space based remote sensing, change detection, and data processing. The Exelis segment also supplies GPS navigation systems, providing high-performance, reliable, cost-effective GPS payload, receiver and control solutions. The segment recently developed new GPS satellite navigation payload technologies to improve GPS accuracy and reliability under the GPS III program, as a subcontractor on a team developing and building tomorrow's GPS for the U.S. Air Force. In addition to satellite modernization efforts, the next-generation Global Positioning System Operational Control System (GPS OCX) will provide a new command, control and mission support system for all current and future GPS satellites based on a modern, service-oriented architecture. The Exelis segment provides the key navigation processing elements and precision monitor station receivers for the GPS OCX program that includes advanced anti-jam capabilities and improved system security, accuracy and reliability.

The Exelis segment designs, develops, produces and sells electronic warfare solutions to most U.S. military service branches and to classified customers and allied nations and produce electronic warfare countermeasures solutions for tactical and strategic aircraft. Exelis is a key player on airborne platforms such as the U.S. Navy's F/A-18 and U.S. special operations forces MH-60, MH-47 and CV-22 Osprey aircraft. The Exelis segment also designs and produces aircraft-armament suspension and release equipment and weapons interface systems for fighter jets, surveillance aircraft and unmanned aerial vehicles for the U.S. military and allied forces. Exelis' products also include advanced antenna technologies which provide communication, navigation, direction-finding and electronic warfare capabilities for military and commercial aircraft. The Exelis segment also designs and manufactures high performance radar systems and signal intelligence systems for both domestic and international military customers. Exelis' core radar capabilities include air defense radars, air traffic control (ATC) radars and airborne multifunction radars. The Exelis segment provides electronic warfare and signals intelligence systems for reconnaissance and surveillance for electronic intelligence, electronic support measures, electronic counter measures and signals intelligence applications.

The Exelis segment develops advanced, custom solutions that provide government and commercial customers with self-protection, data protection, enhanced communications and situational awareness. Exelis specializes in satellite based communications systems, ground electronic warfare systems, commercial wireless technologies, tagging, tracking and locating, and information assurance. To combat the anti-access/area denial (A2/AD) threat, Exelis leverages an adaptive multiplatform approach to ensure that users can connect and share data globally without being constrained by terrain or distance. Exelis integrates data devices into A2/AD-resilient architectures which provide a secure global backbone for C4ISR capabilities against sophisticated adversaries.

The Exelis segment supplies to the U.S. Navy and allied navies a broad range of undersea warfare systems for maritime platforms and environments, including mine sweeping systems, shipboard command and control systems, anti-submarine warfare (ASW) sonar systems, data link systems, submarine flank and passive towed arrays, and acoustic sensors for military and commercial uses. Exelis is the largest U.S. manufacturer of influence and mechanical mine sweeping systems and are a trusted provider of mine defense solutions to the U.S. Navy.

The Exelis segment designs and manufactures technically advanced, lightweight composite aerospace assembly structures, sub-assemblies and components for defense and commercial industries in applications from large commercial transport aircraft to fighter jets and commercial and military rotorcraft. Exelis' composite design and fabrication expertise can be found on many commercial platforms, such as Boeing's 7-series family, Airbus' A380 aircraft, General Electric's GEnx engine, and Sikorsky's S-76 helicopter. For defense programs, Exelis provides a wide range of products, including complete structural assemblies, flight critical components, and primary and secondary structural elements for platforms such as the F-35 Lightning II, the CH-53K Heavy Lift Helicopter and the AGM-158 Joint Air-to-Surface Standoff Missile (JASSM).

The Exelis segment designs and manufactures wireless tactical communications systems for U.S. and allied forces, as well as many government agencies. In addition to the company's widely deployed Single Channel Ground and Airborne Radio System, Exelis provide a diversified portfolio of communications-related products, including: INterference CANcellation Systems for E/A-18G Growler aircraft to enable communications-while-jamming performance; Global Network On the Move — Active Distribution mobile satellite communications systems for persistent, long-haul connectivity in austere environments; and SpearNet Enhanced Video On-board tactical wearable radios, which, when combined with night vision and intelligence dissemination products, forms the Individual Soldier System integrated solution. Exelis is a leader in image intensification and sensor fusion technology and produces high performance night vision products. Exelis develops, produces and supplies Generation 3 image intensification technology for U.S. and allied military and security forces. Exelis provides AN/PVS-14 and AN/PVS-7 ground night vision goggles and spare image intensifier tubes to the U.S. and allied militaries, via foreign military sales, and is the primary supplier to the U.S. military for the AN/AVS-6 and AN/AVS-9 aviation night vision goggles, which provide rotary- and fixed-wing aircraft pilots the ability to operate in extreme low-light situations. Exelis also developed the Enhanced Night Vision Goggle (ENVG) system, which was the first production goggle to optically overlay traditional night vision imagery with long wave thermal infrared imagery. The ENVG system enables users to effectively operate in extreme low light and obscured battlefield conditions.

The Exelis segment provides a broad range of service solutions, including systems integration; network design and development; air traffic management; cyber; intelligence; advanced engineering; and space launch and range-support, for a wide variety of U.S. military and U.S. Government customers. Exelis advanced information solutions portfolio includes enduring mission support, advanced research and development support, and enterprise information support to deliver affordable, essential mission solutions for critical networks and ISR and analytics applications. Exelis serves enduring missions in military and national intelligence, strategic deterrence, and defense against chemical, biological, radiological, nuclear and explosive threats, and other core defense programs. Exelis develops information-enabled solutions for U.S. Government customers that rely on the company's expertise to securely access, integrate and share sensitive data. These solutions integrate key capabilities in cyber defense, cross-domain information sharing, broad enterprise applications of information technology, and the implementation of leading edge network and systems architectures.

The Exelis segment provides air traffic control navigation, communication and surveillance solutions as well as space and ground communications networks. Exelis provides the FAA with engineering expertise and full system solutions in the development and implementation of a modernized air traffic system. As the prime contractor on the ADS-B program, which is the FAA's NextGen initiative to modernize from a ground-based to a satellite-based system of air traffic management, Exelis is designing, building and operating a nationwide system of radio communications, telecommunications networks, information technology and software to deliver highly accurate, networked, real-time surveillance data to the automated systems of the FAA. Exelis has extended its integrated network systems capabilities to the commercial aviation market with a comprehensive, web-based application suite called Symphony, which enables key business functions, such as flight information display systems, billing, auditing, resource allocation, environmental monitoring and situational awareness, for airports and airlines to improve efficiencies in their operations. Exelis also provides advanced engineering services for NASA's space and ground communications networks. Exelis is the prime contractor on NASA's Space Communications Network Services (SCNS) contract for the Goddard Space Flight Center, which provides most of the communications and tracking services for a wide range of Earth-orbiting spacecraft, such as the International Space Station, the Hubble Space Telescope and the Earth Observing System satellites. Exelis provides operations, maintenance and engineering support to NASA under the Deep Space Network (DSN) contract. The DSN is an international network that supports interplanetary robotic spacecraft missions and radio and radar astronomy observations and provides the link between earth and scores of NASA spacecraft exploring the solar system.

The Exelis segment provides a full spectrum of technical services supporting mission critical network systems. These services include systems engineering, lifecycle sustainment, logistic support, modernization, and operations and maintenance for U.S. military launch, test and training ranges, including DoD's SATCOM systems, NASA's ground communications networks and launch ranges and other high-priority U.S. Government assets throughout the world. Key areas of support include system engineering, sustainment, logistics, depot maintenance, software and hardware engineering and configuration management for range instrumentation such as tracking, telemetry, optical, weather, communications, and command and control networks and systems.

The Exelis segment also provides payload processing and launch services for numerous government agencies. These key systems and assets are critical to the launch range and space communications network infrastructures, including the air, land and sea training range for the U.S. Navy and the U.S. Air Force space launch ranges on the U.S. East and West Coasts. Under the Tethered Aerostat Radar System program, Exelis operate and maintain a series of airborne radar platforms and associated infrastructure and communications to provide persistent, long-range detection and monitoring (radar surveillance) capability for interdicting low-level air, maritime and surface smugglers and narcotics traffickers along the United States-Mexico border, the Florida Straits and a portion of the Caribbean. Under the Spacelift Range System contract, which ended in fiscal 2015, Exelis engineered, modernized and sustained large networks and range support infrastructure for the western ranges based in Vandenburg Air Force Base in California and the eastern ranges based in Patrick Air Force Base in Florida. Exelis also sustains, maintains and modernizes large radar installations globally and provides engineering support and sustainment for the U.S. Air Force's early warning system under Exelis' System Engineering and Sustainment Integrator (SENSOR) contract.

Company Information

Revenues ('15): $5,112M +1.4%

R&D ('15): $277M +4.9%

Net Profit ('15): $334M -37.5%

CAPEX ('15): $148M -29.3%

Harris Corporation - Tier I

Products News Subsidiaries Acquisitions Competitors Customers R&D Spending 5-Year Financials

Aerospace Sector:

   Communication Systems/RF; EW & C4ISR


Secure radio communications products and systems for manpack, handheld, soldier-worn, vehicular, strategic fixed-site and shipboard applications (these operate in various radio frequency bands: high-frequency (HF), very high-frequency (VHF) and ultra high-frequency (UHF) over satellite communications (SATCOM) and in multiband mode); End-to-end wireless network infrastructure solutions, including advanced IP voice and data networks; Public safety-grade broadband video and data solutions; Mission-critical communications and information processing systems; Mission-critical IT transformation, managed solutions and information assurance. Exelis: ISR systems; geospatial systems; positioning, navigation and timing solutions; integrated electronic warfare systems; electronic attack and release systems; radar and reconnaissance systems; undersea systems; communications and night vision systems; and composite aerostructures.

Major DoD Defense Programs:

| AH-64 | AV-8B Harrier II | B-1B Lancer | B-52 | C-17 | C-130 | CH-47 | CH-53K |
| E-2C/D | EA-6B | EA-18G | F-15 | F-16 | F/A-18C/D | F/A-18E/F | F-22 Raptor |
| F-35 Lightning II | GPS | JASSM | DoD Prime ContractorIDECM | DoD Prime ContractorJTRS | MQ-9 Reaper | P-8A Poseidon |
| V-22 Osprey | WIN-T |

Commercial Programs:

| Boeing: 737NG; 747-8; 767; 777; 787 | Airbus: A330; A350 XWB; A380 |
| Sikorsky: S-76D |

Sales 2011-2015 Net Income 2011-2015 R&D Spending 2011-2015 # Employees 2011-2015

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