Harris Corporation (
, a leader in the public safety and professional communications
market, together with National Oceanic and Atmospheric
Administration (NOAA), has launched a new device called Product
Anomaly, Ticket, Relationship, Organization, and Notification
The launch of PATRON will facilitate weather forecasters,
emergency managers, scientists and other environmental data users
to follow and provide detailed information on critical weather
conditions to the public.
Keeping in mind the importance of the Geostationary
Operational Environmental Satellite - R Series (GOES-R) Ground
Segment, PATRON was introduced. However, it is also being used
for other operational environmental satellites.
GOES-R Ground Segment will enjoy the benefit of the new
tracking device from 2015 onwards. The Ground Segment will
collect and monitor satellite data, will provide control over the
geostationary satellites and the products from satellite data
will also be generated and distributed. By utilizing the new
technology, the Ground Segment will able to deliver weather
information to more than 10,000 other direct users, 60 times
faster than its usual speed.
In the recently concluded quarter, Harris declared mixed
financial results with the bottom line beating the Zacks
Consensus Estimate while the top line missed the same.
Harris currently carries a Zacks Rank #3 (Hold).
Other Stocks to Consider
Some other stocks in the defence sector and public safety are
General Dynamics Corp.
The Boeing Co.
Motorola Solutions Inc.
). While net earnings of General Dynamics missed the Zacks
Consensus Estimate in the recent quarter, Motorola Solutions and
Boeing have handily beaten the Zacks Consensus Estimates. Boeing
currently has a Zacks Rank #2 (Buy), while Motorola Solutions and
General Dynamics carry Zacks Rank #3 (Hold).
BOEING CO (BA): Free Stock Analysis Report
GENL DYNAMICS (GD): Free Stock Analysis
HARRIS CORP (HRS): Free Stock Analysis Report
MOTOROLA SOLUTN (MSI): Free Stock Analysis
To read this article on Zacks.com click here.