Harris announces $18M in orders for Falcon III Harris said it has received orders totaling $18M for Falcon III manpack and handheld tactical radios from the U.S. Special Operations Command. The orders were received during Q2 of FY14.
Harris discount to peers to decline, says Sterne Agee CRT Sterne Agee CRT says that Harris' (HRS) acquisition of Exelis (XLS) gives it the opportunity to divest its non-core assets. The firm thinks that these divestments would decrease Harris' valuation discount versus its peers. The firm keeps a $90 price target and Buy rating on Harris.