Harris Corporation Announces New Organizational Structure

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Harris Corporation
HRS
today announced that it will reorganize its business segments to increase operational efficiency and capture synergies that result from Harris' recent acquisition of Exelis. "We combined Harris' and Exelis' top talent and technology to create four market-focused segments aligned with Harris' strategic growth platforms," said William M. Brown, chairman, president and chief executive officer. "Our new structure will help us improve our competitive position, increase efficiency, and capture synergies, while we continue to bring innovative and affordable solutions to our customers." Effective the beginning of fiscal 2016, July 4, the company will be organized in the following four business segments:
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