The Information Technology 100
Need help designing surveillance systems on military planes? Maybe even a media network in Iraq? If so, communications-equipment specialist Harris is the go-to firm. And my, how they go. Harris' biggest customer, the U.S. government, has kept it busy. In January, it landed a $96 million contract for the Iraqi Media Network, a plan to rebuild the shattered nation's radio, television, and newspaper infrastructure. With the Harris Falcon II tactical radio a favorite among troops deployed in Iraq and Afghanistan, new orders rolled in from the U.S. Marine Corps, as well as the Romanian and Norwegian military. Those deals helped push revenues in the fiscal year ended in June to $2.9 billion, up 22.6%. With government contracts such as aerial surveillance systems for the Air Force E-10A aircraft still landing at Harris' door, Chief Executive Howard Lance has pushed up earnings expectations for this fiscal year.
|Return on Equity||12.4%|
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All figures are for the most recent available 12 months.
* Latest available data for the 12-month period ended Dec. 31, Jan. 31, Feb. 29, Mar. 31, or Apr. 30. For companies that do not report quarterly, the most recent annual data were used.
Data provided by Standard & Poor's Compustat, BusinessWeek
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