), a leader in the public safety and professional communications
market, has won a $29 million contract for its Falcon III
wideband tactical radio from an Asian country. Harris will aid
the country's modernization effort with its new RF-7800H
high-frequency (HF) wideband manpack radio and RF-7800W
high-capacity Line-of-Sight radios.
RF-7800H is the world's first HF tactical radio that allows
easy and fast transmission of large files like videos and images
over a long range. The radio is also 20% lighter and 10 times
faster than HF radios.
On the other hand, RF-7800W radio provides point to
multi-point IP (Internet Protocol) infrastructure that enables
high bandwidth data communication between mobiles or operational
centres. Harris claims that RF-7800W will provide the nation's
armed forces with greater situational awareness by offering
real-time video streaming, VoIP and video conferencing
Harris' RF Communications segment provides secure radio
communications and embedded high-grade encryption solutions for
military, government and commercial organizations. At the end of
the previous quarter, order backlog in the segment came in at
$1.14 billion including $561 million in the Tactical Radio
Recently, the company received a multi-million contract
extension from the U.S. Army Communications Electronics Command.
The ceiling value of the 2011 IDIQ (Indefinite Delivery
Indefinite Quantity) contract has been increased by $500
Per the agreement, the U.S. government will acquire a wide
range of Falcon III products from Harris. Within the
international market also the company has won numerous orders for
its Tactical III radio products from the defence sector of
We believe that this growing momentum in the RF Communications
segment is likely to continue since Harris' next-generation
Falcon II and Falcon III tactical radio products are gaining
Harris currently carries a Zacks Rank #3 (Hold).
Other Stocks to Consider
Other stocks to consider within the same industry are
Ubiquiti Networks Inc.
). All the stocks currently carry a Zacks Rank #2 (Buy).
HARRIS CORP (HRS): Free Stock Analysis Report
INTERDIGITL INC (IDCC): Free Stock Analysis
SONUS NETWORKS (SONS): Free Stock Analysis
UBIQUITI NETWRK (UBNT): Free Stock Analysis
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