Harris Corp. announces flat sales; KBR and Oshkosh report increased government revenue

October 31, 2017 at 10:47 AM
Harris Corp. today reported flat sales and profit during its most recent quarter. The contractor said quarterly sales hit $1.4 billion, essentially equivalent to the same three-month period a year earlier. Quarterly profit reached $161 million, compared to $160 million the prior year. Harris' space and intelligence systems business saw revenue growth, but its communication systems unit reported a sales decline in the quarter. The company attributed the communications business' 5 percent sales reduction to “lower international tactical communications volume.”...

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