Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  Harris Corporation    HRS

News SummaryMost relevantAll newsSector newsTweets 
The feature you requested does not exist. However, we suggest the following feature:

Harris Corporation : - Oyster Bagging Machine to Help Improve Indian River Lagoon Health

share with twitter share with LinkedIn share with facebook
share via e-mail
01/16/2017 | 03:27pm CET

Release date- 13012017 - A new and novel oyster bagging machine, developed by a group of Harris Corporation employee volunteers, will help boost efforts to restore and preserve the Indian River Lagoon.

The Brevard Zoo unveiled the machine Friday, demonstrating how it slashes the time it takes to fill individual bags with oyster shells. The bags serve as the foundation for new reefs placed in the lagoon through the zoo's Restore Our Shores program.

The new machine combines a conveyer belt with chutes to automate a process traditionally done by hand. It reduces the bag-filling time from several minutes to under 10 seconds. Six volunteers can now do the job that used to take a team of 40. An individual oyster bag measures about one meter and weighs about 40 pounds. It takes about 2,400 bags to create a reef covering 1,000 linear feet.

'The use of oyster reefs is growing around the country as coastal communities learn more about the positive impacts of living shorelines. So this ingenious machine is not only going to allow us to redouble our efforts to help re-establish oyster beds and restore the lagoon, but could be used nationally' Brevard Zoo Executive Director Keith Winsten said. 'We are grateful to our Harris partners and these employees who volunteered to support a natural resource that is so important to our community.'

A team of six Harris employees donated a total of 270 hours to design and build the machine under the company's Harris Employees Actively Responding Together (HEART) volunteer program. Nearly 3,000 employees have donated more than 40,000 hours in a wide variety of projects at Harris locations across the country under HEART.

'An opportunity like this is fulfilling on a personal level,' Harris volunteer team leader Ihosvany Garcia said. 'Our group has been privileged with a chance to affect a crucial ecological change using our very own technological resources and expertise.'

Oysters, which used to be plentiful but now have small naturally occurring populations, are excellent for the lagoon because their filter feeding cleans the water. The waterway has been plagued by algae blooms and fish kills in recent years blamed on pollutants like lawn fertilizers and septic tanks as well as excess fresh water entering the brackish lagoon.

The Brevard Zoo has been working on oyster restoration in the lagoon for nearly a decade and has plans to continue the efforts. In November, voters in Brevard County overwhelmingly approved a new half-cent sales tax to fund lagoon restoration projects. While the details of those projects are still in the planning stages, oyster restoration is a cornerstone of the Brevard County Save Our Lagoon Project Plan crafted last year after algae blooms and fish kills occurred.

Harris was the first company to join the National Estuary Program's Indian River Lagoon Innovators and Investors (IRL-I2) network. The company is dedicated to working with governments and groups to help improve the body of water, which stretches for 156 miles along Florida's East Coast.

Brevard Zoo: Restore Our Shores

Brevard Zoo is home to more than 800 animals representing 180 species from all over the world. As a not-for-profit organization, it is a leader in the fields of animal wellness, education and conservation. More information is available at brevardzoo.org.

The Restore Our Shores program, formerly Brevard Oyster Restoration, is a locally lead effort to clean up the Indian River Lagoon by applying a 'living shorelines' model throughout Brevard County. The team works primarily in two areas; oyster and mangrove restoration.

Harris Corporation

Harris Corporation is a leading technology innovator, solving customers' toughest mission-critical challenges by providing solutions that connect, inform and protect. Harris supports customers in more than 100 countries and has approximately $7.5 billion in annual revenue and 21,000 employees worldwide. The company is organized into four business segments: Communication Systems, Space and Intelligence Systems, Electronic Systems and Critical Networks.


Tel: 1-888-697-3483

(c) 2017 Electronic News Publishing -, source ENP Newswire

share with twitter share with LinkedIn share with facebook
share via e-mail
01/16 HARRIS CORPORATION : - Oyster Bagging Machine to Help Improve Indian River Lagoo..
01/14 A LOOK AT A HIGH MARKET CAP STOCK : Harris Corporation, HRS
01/13 HARRIS : MILITARY $145,908 Federal Contract Awarded to Harris
01/13 HARRIS : Oyster Bagging Machine to Help Improve Indian River Lagoon Health
01/12 HARRIS CORPORATION : Completes Sale of Its CapRock Communications Business to Sp..
01/12 HARRIS : Justification and Approval - Sole Source Award to Harris Corp. (dba Exe..
01/11 HARRIS : to Supply Electronic Warfare Systems to Royal Moroccan Air Force
01/10 HARRIS CORPORATION : to Supply Electronic Warfare Systems to Royal Moroccan Air ..
01/07 HARRIS : MILITARY $403.26 Million Federal Contract Awarded to Harris
01/05 HARRIS : Communication Equipment Stocks on Investors' Radar -- Viavi Solutions, ..
More news
Sector news : Communications & Networking - NEC
05:16aDJEricsson and Cisco to Overhaul Network of Vodafone Hutchison Australia
01/16DJEricsson-Cisco Partnership Gets Vodafone Hutchison Australia Contract
01/12 CISCO : France's Technicolor warns on profits as connected home sales lag
01/12DJSmartphones Turn to Software Advances -- WSJ
01/11DJThe Next Big Thing in Smartphones? The Software
More sector news : Communications & Networking - NEC
News from SeekingAlpha
01/10 Harris in $91M deal to supply systems to Moroccan Air Force
01/09 DEFENSE SECTOR UPDATE JANUARY 2-8 : General Dynamics, Huntington And Nuclear Sub..
01/06 Harris seals $403M contract for tactical radio parts
01/05 MY K.I.S.S. DIVIDEND PORTFOLIO : 4th Quarter 2016 Update
01/03 Harris completes sale of CapRock Communications unit
Financials ($)
Sales 2017 7 196 M
EBIT 2017 1 195 M
Net income 2017 701 M
Debt 2017 3 546 M
Yield 2017 2,11%
P/E ratio 2017 18,13
P/E ratio 2018 15,92
EV / Sales 2017 2,25x
EV / Sales 2018 2,14x
Capitalization 12 646 M
More Financials
Duration : Period :
Harris Corporation Technical Analysis Chart | HRS | US4138751056 | 4-Traders
Full-screen chart
Technical analysis trends HARRIS CORPORATION
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus OUTPERFORM
Number of Analysts 10
Average target price 112 $
Spread / Average Target 10%
Consensus details
EPS Revisions
More Estimates Revisions
William M. Brown Chairman, President & Chief Executive Officer
Rahul Ghai Chief Financial Officer & Senior Vice President
James C. Stoffel Independent Director
Leslie F. Kenne Independent Director
Thomas Aquinas Dattilo Lead Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
CISCO SYSTEMS, INC.-0.50%150 944
QUALCOMM, INC.2.58%98 774
More Results