03.08.2011 02:00 PM
Harris Realigns Business Segments
MELBOURNE, FLA.: Harris
Corp. wants to expand further into areas like cloud computing, sports and
entertainment, restaurants and retail. That’s one of the reasons for the
“strategic realignment” it announced today that affects its broadcast
employees, among others.
The company created a segment called Harris Integrated Network Solutions, which
includes not only the Broadcast Communications business (which makes the radio
and TV equipment familiar in our industry) but also Harris IT Services, Harris
CapRock Communications, Healthcare Solutions and Cyber Integrated Solutions.
All of those except broadcast formerly were part of another segment, Government
The company has $5 billion of annual revenue and about 16,000 employees. The
broadcast business was subjected to several rounds of cost-cutting in recent
years, though savings were not not cited in the announcement as a reason for
the move. Company officials did not immediately reply to a query about the
impact on broadcast employees, if any, of the realignment.
Harris is emphasizing its ability to integrate technology
and services to “capture, aggregate, distribute and analyze any type of communications
or information--including voice, video, data and imaging.” The goal of this
realignment, it said, is to “provide increased market focus” and address a
growing market for integrated communications and info technology and services.
The three segments now will be RF Communications (which is unchanged and deals
with things like tactical and land mobile radios, defense networking and public
safety); Government Communications Systems, providing communications and
information technology and systems integration for special government
applications; and the new Integrated Network Solutions, where broadcast
employees now reside.
Dan Pearson was named acting group president for the new segment; he’s Harris
executive vice president and chief operating officer. He stated in the
announcement that commercial businesses and government customers “are
increasingly seeking total solutions--combining innovative technology with
Chairman Howard Lance said this realignment also helps Harris expand more into
adjacent markets and global regions that are “growing faster and have higher
margins than some of our traditional government markets.”
— Radio World