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Harris to Build Asia-Pacific Nation's Communications Network
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Harris Corporation has received an order worth $260 million to develop an integrated communications network as part of an Asia-Pacific nation’s modernization program.
The integrated network solution will comprise Harris as well as partner companies’ tactical radios, network planning, monitoring and routing software, plus other systems and technology. The solution consisting of Harris’ supreme Falcon IIIAN/PRC-158 multi-channel manpack radios and vehicular amplifiers will provide voice and data services to tactical forces for line-of-sight and beyond-line-of-sight applications.
Harris currently provides tactical radio communication services to the concerned Asia-Pacific country. Additionally, the aforesaid order will enhance the integration of Harris’ advanced products into the respective nation’s tactical communications network.
Harris has been consistently focusing on business innovation in a bid to deliver some of the best technology and products in the industry. Earlier in the year, the company delivered an advanced digital weather satellite instrument to Korea Aerospace Research Institute in South Korea. The instrument will help forecasters protect people from severe weather conditions in the region.
The company was also selected by Lockheed Martin (LMT - Free Report) in June to upgrade mission system avionics for the F-35 Lightning II as part of the Technology Refresh #3 (TR3) program. This will lead to a significant improvement in the combat aircraft’s data storage, display processing and throughput capabilities.
Shares of Sonus Networks and Motorola have gained more than 25% and 3%, respectively, on a year-to-date basis.
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With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
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Harris to Build Asia-Pacific Nation's Communications Network
Harris Corporation has received an order worth $260 million to develop an integrated communications network as part of an Asia-Pacific nation’s modernization program.
The integrated network solution will comprise Harris as well as partner companies’ tactical radios, network planning, monitoring and routing software, plus other systems and technology. The solution consisting of Harris’ supreme Falcon IIIAN/PRC-158 multi-channel manpack radios and vehicular amplifiers will provide voice and data services to tactical forces for line-of-sight and beyond-line-of-sight applications.
Harris currently provides tactical radio communication services to the concerned Asia-Pacific country. Additionally, the aforesaid order will enhance the integration of Harris’ advanced products into the respective nation’s tactical communications network.
Harris has been consistently focusing on business innovation in a bid to deliver some of the best technology and products in the industry. Earlier in the year, the company delivered an advanced digital weather satellite instrument to Korea Aerospace Research Institute in South Korea. The instrument will help forecasters protect people from severe weather conditions in the region.
The company was also selected by Lockheed Martin (LMT - Free Report) in June to upgrade mission system avionics for the F-35 Lightning II as part of the Technology Refresh #3 (TR3) program. This will lead to a significant improvement in the combat aircraft’s data storage, display processing and throughput capabilities.
Harris Corporation Price
Harris Corporation Price | Harris Corporation Quote
Zacks Rank & Key Picks
Harris currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the Computer and Technology sector are Sonus Networks, Inc. and Motorola Solutions, Inc. (MSI - Free Report) . While Sonus Networks sports a Zacks Rank #1 (Strong Buy), Motorola holds a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Shares of Sonus Networks and Motorola have gained more than 25% and 3%, respectively, on a year-to-date basis.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
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