Harris Corporation
_________________________________________________________________________________
Harris Corporation Financial Snapshot
Operating Performance
Fast Facts
1025 West NASA Boulevard, Melbourne, The company reported revenue of US$5,924.60
Headquarters Address
32919,United States of America million during the fiscal year 2011 (2011). The
company's revenue grew at a CAGR of 12.20%
Telephone + 1 321 7279100
during 2007–2011, with an annual growth of 13.80%
over 2010. In 2011, the company recorded an
Fax + 1 321 6744740 operating margin of 16.36%, as against 17.53% in
2010.
Website www.harris.com
Ticker Symbol, Stock Exchange HRS, New York Stock Exchange Revenue and Margins
Number of Employees 15,800
Fiscal Year End July
Revenue (in US$ million) 5,924.60
SWOT Analysis
Strengths Weaknesses
Broad Product Portfolio High Debt Burden
Inorganic Growth Undiversified Revenue Stream
Operational Efficiency
Opportunities Threats
Long Term Contracts Bandwidth Constraints
Strategic Acquisitions Reduced Defense Spending
___________________________________________________________________________________________
Harris Corporation - SWOT Profile Page 1
Harris Corporation
_________________________________________________________________________________
TABLE OF CONTENTS
1 Business Analysis ................................................................................................................................... 5
1.1 Company Overview ................................................................................................................................................5
1.2 Business Description ..............................................................................................................................................5
1.3 Major Products and Services .................................................................................................................................7
2 Analysis of Key Performance Indicators ............................................................................................... 8
2.1 Five Year Snapshot: Overview of Financial and Operational Performance Indicators ..........................................8
2.2 Key Financial Performance Indicators .................................................................................................................11
2.2.1 Revenue and Operating Profit .........................................................................................................................11
2.2.2 Asset, Liabilities and Capex .............................................................................................................................12
2.2.3 Net Debt vs. Gearing Ratio ..............................................................................................................................13
2.2.4 Operational Efficiency ......................................................................................................................................14
2.2.5 Solvency ..........................................................................................................................................................15
2.2.6 Valuation ..........................................................................................................................................................16
2.3 Key Competitors ...................................................................................................................................................17
3 Mergers & Acquisitions and Partnerships ........................................................................................... 18
3.1 M&A and Partnerships Strategy ...........................................................................................................................18
4 Recent Developments ........................................................................................................................... 20
5 SWOT Analysis ...................................................................................................................................... 22
5.1 SWOT Analysis - Overview ..................................................................................................................................22
5.2 Strengths ..............................................................................................................................................................22
5.3 Weaknesses .........................................................................................................................................................22
5.4 Opportunities ........................................................................................................................................................23
5.5 Threats .................................................................................................................................................................23
6 Harris Corporation - Company Statement ........................................................................................... 24
7 History .................................................................................................................................................... 26
8 Harris Corporation - Key Employees ................................................................................................... 28
9 Key Employee Biographies................................................................................................................... 30
10 Locations and Subsidiaries .................................................................................................................. 31
10.1 Head Office ..........................................................................................................................................................31
10.2 Other Locations and Subsidiaries ........................................................................................................................31
11 Appendix ................................................................................................................................................ 32
11.1 Methodology .........................................................................................................................................................32
11.2 Ratio Definitions ...................................................................................................................................................32
11.3 Disclaimer.............................................................................................................................................................36
___________________________________________________________________________________________
Harris Corporation - SWOT Profile Page 2
Harris Corporation
__________________________________________________________________________________________
List of Tables
Table 1: Major Products and Services....................................................................................................................................7
Table 2: Key Ratios - Annual ..................................................................................................................................................8
Table 3: Key Ratios - Interim ................................................................................................................................................10
Table 4: Key Capital Market Indicators ..............................................................................