2005 (pdf) - Harris

AT A GLANCE
Percent Revenue
by Business Segment
Dollars in millions except per share amounts
2005 2004 2003
Revenue $3,000.6 $2,518.6 $2,060.6
Net Income 202.2 132.8 59.5
Per Share Net Income 1.46 0.97 0.45
Return on Average Assets 8.6% 6.2% 3.0%
Return on Average Equity 14.9% 10.8% 5.1%
Diluted Average Shares Outstanding (Millions) 141.3 140.3 138.0
Number of Record Shareholders 7,492 7,947 8,503
Government Communications
RF Communications
Broadcast Communications
Microwave Communications
Company Overview Harris Corporation (NYSE:HRS) is an international communications and information technology company
serving government and commercial markets in more than 150 countries. With headquarters in Melbourne, Florida, the company
has annual sales of $3 billion and employs 12,600 men and women – including 5,500 engineers and scientists – dedicated
to the development of best-in-class assured communications products, systems, software and services. The company’s four
business segments include: Government Communications Systems, which provides communications and information processing
technology and systems for the U.S. Department of Defense, federal government agencies, and the intelligence community;
RF Communications, which provides secure tactical radios and systems to U.S. and international defense and peacekeeping
forces; Broadcast Communications, which provides TV and radio transmission equipment, enterprise software solutions, and
networking solutions for existing and emerging broadcast markets and creators of rich media content worldwide; and Microwave
Communications, which provides microwave radio transmission solutions for global cellular telecom service providers and
private networks, and network management systems.
Contents
1 Letter to Shareholders / 6 Harris Technology / 8 Government Communications / 10 RF Communications / 12 Broadcast Communications
14 Microwave Communications / 16 Directors, Officers and Senior Management / 17 Form 10-K / Inside Back Cover Shareholder Information
2