Harris Corp. silent on sale plans

May 12, 2008

Source: Harris Broadcast

Harris Corp. executives are not commenting about a Wall Street Journal report Friday that it is exploring its strategic options, including a sale of the company.

The newspaper cited several firms, such as Raytheon Co., BAE Systems and Northrop Grumman Corp. that could be potential suitors for the Melbourne-based Harris (NYSE: HRS), according to wire reports.

Harris, though, could decide against any sale, the reports also said.

Harris is an international communications and information technology company that sells to government and commercial markets in more than 150 countries. With annual revenues in the $5 billion range, Harris employs more than 16,000 people, including about 7,000 in Brevard County.



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