Harris Corporation Not Pursuing a Merger or Sale

Harris Corporation has issued a statement in response to recent market rumors and media reports stating that it is not pursuing a merger or a sale.

"The Board of Directors and I have great confidence in this company, its employees and its future," said Howard L. Lance, chairman, president and chief executive officer. "Harris is uniquely positioned, with access to both government and commercial technologies, to continue to effectively serve the challenging requirements of our growing global assured communications markets.

"We believe our focus on continuing growth through the introduction of industry-leading new products, expansion of addressable markets, development of new capabilities, international expansion, and strategic acquisitions will deliver significant value going forward for our customers, shareholders and business partners as we have demonstrated in the past," Lance said.