Harris Corporation Reports Fiscal 2013 Third Quarter Results

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MELBOURNE, Fla. — Harris Corporation (NYSE:HRS) reported revenue in the third quarter of fiscal 2013 of $1.20 billion compared with $1.37 billion in the prior year. GAAP income from continuing operations was $125 million, or $1.12 per diluted share, compared with $155 million, or $1.38 per diluted share. Non-GAAP income from continuing operations in the prior year was $163 million, or $1.42 per diluted share. Fiscal 2012 non-GAAP amounts exclude acquisition-related costs, and a reconciliation of GAAP to non-GAAP financial measures is provided in the tables. Orders in the third quarter were $1.13 billion compared with $1.48 billion in the prior year. The company generated strong free cash flow of $185 million in the third quarter compared with $152 million in the prior year.

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First Astrium Eurostar satellite sets in-orbit longevity record

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* Inmarsat-2 F1 satellite retired after more than 22.5 years of successful operation in geostationary orbit, far outliving its projected life-span of 10 years
* First of the Astrium Eurostar satellites – 54 launched into orbit and 12 under construction
* Astrium’s Eurostar satellites have accumulated more than 470 years’ successful operation in orbit

 

30 April 2013 – The first Eurostar satellite, Inmarsat-2 F1, designed and built by Astrium, Europe’s leading space technology company, was retired from operational service this week and safely decommissioned after it had completed a long and flawless mission in geostationary orbit. It operated for 22.5 years – far outliving its projected life-span of 10 years.

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Iraq to Receive Final Three C-130Js

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Lockheed Martin photo by John Rossino

MARIETTA, Ga., April 29, 2013 – The Iraqi Air Force (IQAF) is set to receive its final three Lockheed Martin [NYSE: LMT] C-130J Super Hercules airlifters. Aircraft number 5721 was the first of these aircraft to be ferried from Lockheed Martin’s production facility here on April 23, 2013. All three C-130Js were ferried to U.S. Air Force bases prior to delivery to the IQAF.

The IQAF, a legacy C-130 operator, received its first C-130J in December 2012 and will have a total of six C-130Js in its new Hercules fleet. The IQAF uses the airlifters for intra-theater support for its troops and to provide humanitarian relief operations in various locations.

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Charity Carpet Bowls Match

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East Anglian Air Ambulance Trophy returns to Kym Valley

A charity carpet bowls match was held on the 24th April 2013 in aid of the East Anglian Air Ambulance. This years’ match between Renhold Carpet Bowls Club and Kym Valley Carpet Bowls Club saw newly crowned Bedfordshire Carpet Bowls Champions stage a remarkable fight back only to miss out on regaining the East Anglian Air Ambulance trophy by a single point.

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Weston-super-Mare RNLI annual Lifeboat Pull on the Spring Bank Holiday

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The 2012 Weston-super-Mare Lifeboat Pull

For many years, following the custom in many seaside towns, Weston-super-Mare RNLI Lifeboat volunteers have towed a lifeboat along the sea front promenade to raise funds for the charity’s work of saving lives at sea. This year the Lifeboat Pull will take place at midday on the Bank Holiday Monday 6th May along Weston-super-Mare promenade.

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Melges 24 European Sailing Series – First event on the Lake Balaton – Summary

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Nearly perfect conditions for great racing

The first event of the inaugural European Sailing Series the MVM Balaton Melges 24 Regatta sponsored by the MVM Hungarian Power Company was held on the 26th to 28th of April on Balaton the largest lake of Middle Europe. With the Melges 24 European Championship 2014 also being held the same lake in Hungary this event offered the perfect warm up opportunity for both competitors and race managers alike.

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Mini Transat 2013 – Race qualifications launched

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• Numerous candidates compete in the first races of the season
• These early series begin to point the way for performances
• First rendez-vous in Douarnenez, the Trophée Marie-Agnès Péron
• Inauguration of the race press area at www.minitransat.fr

The Open Demi-Clé (double handed) and Pornichet Select (single handed) open the batting for this season’s racing for the Atlantic Ministes, whilst in the Mediterranean competitors are offered the four races of the Mini-Golfe au Gran Premio d’Italia. With 112 pre-registered for 84 available starting slots, the battle for places will be fierce.

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