Harris Corp. Charts 7-10% Growth for 2012

Howard L. Lance, Harris Corp. chairman, president and chief executive officer

Harris Corporation provided yesterday a peek into its future business forecast. For the fiscal year 2012 beginning July 2, 2011, Harris is expecting revenue to increase $6.4 billion to $6.6 billion, 7 to 10 percent above the current year).

The growth reflects the inclusion of the Schlumberger Global Connectivity Services business and Carefx acquisitions, which are expected to close in early April 2011. “We expect fiscal year 2012 to be another year of growth in revenue and earnings,” said Howard L. Lance, chairman, president and chief executive officer. “Our core businesses, recent acquisitions, and expansion of our core capabilities into adjacent high-growth markets position us well for fiscal 2012 and beyond.”