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Harris Receives $12.2 Million in Orders from U.S. Department
Harris Receives $12.2 Million in Orders from U.S. Department
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Harris Receives $12.2 Million in Orders from U.S. Department
Harris (NYSE:HRS) has received orders totaling $12.2M to supply additional multiband manpack radio systems to the U.S. Department of Defense. The DoD is acquiring the systems in support of requirements for wideband networking as well as line-of-sight and beyond-line-of-sight tactical communications.Harris (NYSE:HRS) has a potential upside of 35.2% based on a current price of $43.92 and an average consensus analyst price target of $59.36.Harris is currently below its 50-day moving average (MA) of $47.18 and below its 200-day MA of $46.89. In the last five trading sessions, the 50-day MA has fallen 1.3% while the 200-day MA has remained constant.
Channel: Voxant Newsroom
Category: Business
Video Length: 0
Date Found: July 12, 2011
Date Produced: July 11, 2011
View Count: 0
 
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