Shares of defense contractor Harris Corporation (NYSE:HRS) shot up more than 10% earlier this month, after the military electronics specialist announced it is buying rival Exelis (NYSE:XLS) for $23.75 in cash and stock.
Harris Corporation (NYSE:HRS) today announced that it will reorganize its business segments to increase operational efficiency and capture synergies that result from Harris' recent acquisition of Exelis.
The average volume for Harris Corporation has been 1.2 million shares per day over the past 30 days. Harris has a market cap of $8.2 billion and is part of the technology sector and telecommunications industry.
SAN JOSE, Calif., May 19, 2015 /PRNewswire/ -- Altera Corporation ALTR, +0.33% today announced that its 28 nm Cyclone� V field-programmable gate arrays (FPGAs) have been chosen by Harris Corporation for its newest Falcon� III wideband tactical ...