Harris Corporation Named One of the World's Most Admired Companies by Fortune Magazine
March 09 2009 - 8:00AM
PR Newswire (US)
MELBOURNE, Fla., March 9 /PRNewswire-FirstCall/ -- Harris
Corporation (NYSE:HRS), an international communications and
information technology company, has been named one of the world's
most admired companies for the third consecutive year in an annual
survey by Fortune magazine. Harris ranked as the sixth most admired
company in the "Network Communications" industry. The company
ranked fourth in the industry in social responsibility and fifth in
the categories of people management, use of corporate assets, and
long-term investment. Companies in the top five for the industry
category were Cisco Systems, Qualcomm, Nokia, Juniper Networks and
Corning. "The Fortune list is considered a definitive report card
on corporate reputations," said Howard L. Lance, chairman,
president and chief executive officer of Harris. "It's an honor to
be rated highly by our peers and others within the industry and a
testament to the success that our 16,000 employees have achieved in
delivering highly reliable, secure, assured communications(R) for
our customers' most demanding, mission-critical applications." To
determine the most admired companies, Fortune started with the
1,400 largest (ranked by revenue) U.S. companies, non-U.S.
companies, and foreign companies operating in the U.S. The
companies were sorted by 64 industries and then culled to the 15
largest for each international industry and 10 largest for each
U.S. industry. Fortune then asked executives, directors, and
analysts to rate the companies in their own industry on nine
criteria, including: innovation, people management, use of
corporate assets, social responsibility, quality of management,
financial soundness, long-term investment, quality of products and
services, and global competitiveness. To be included on Fortune's
list this year a company's score had to rank in the top half of its
industry survey. About Harris Corporation Harris is an
international communications and information technology company
serving government and commercial markets in more than 150
countries. Headquartered in Melbourne, Florida, the company has
annual revenue of $5.4 billion and 16,000 employees -- including
nearly 7,000 engineers and scientists. Harris is dedicated to
developing best-in-class assured communications(R) products,
systems, and services. Additional information about Harris
Corporation is available at http://www.harris.com/. DATASOURCE:
Harris Corporation CONTACT: Jim Burke, Corporate Headquarters,
Harris Corporation, +1-321-727-9131, Web Site:
http://www.harris.com/
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