Uploaded by FinancialNewsOnline on Nov 17, 2011
Harris (NYSE:HRS) received a $15 million order from the U.S. Air Force for additional Falcon III AN/PRC-117G multiband manpack radio systems.
The AN/PRC-117G will provide Air Force personnel with next generation tactical communication capabilities for a range of applications, such as precision air support.
Harris received this order in the first quarter of fiscal 2012.
Dana Mehnert, group president, Harris RF Communications said, "The AN/PRC-117G manpack provides Air Force personnel with enhanced voice, video and wideband data communications. This radio delivers assured access to command and control resources, supporting new applications such as fires coordination and close air support. Combat proven and upgradeable, the AN/PRC-117G is the solution to the Air Force's current and future needs -- on the ground and in the air."
Harris (NYSE:HRS) has potential upside of 35.1% based on a current price of $36.75 and an average consensus analyst price target of $49.64.
The AN/PRC-117G will provide Air Force personnel with next generation tactical communication capabilities for a range of applications, such as precision air support.
Harris received this order in the first quarter of fiscal 2012.
Dana Mehnert, group president, Harris RF Communications said, "The AN/PRC-117G manpack provides Air Force personnel with enhanced voice, video and wideband data communications. This radio delivers assured access to command and control resources, supporting new applications such as fires coordination and close air support. Combat proven and upgradeable, the AN/PRC-117G is the solution to the Air Force's current and future needs -- on the ground and in the air."
Harris (NYSE:HRS) has potential upside of 35.1% based on a current price of $36.75 and an average consensus analyst price target of $49.64.
No comments:
Post a Comment