This Week
  • Williamson businesses and residents are signing up to become part of a solar system.

  • RIT, RGH hold opening ceremonies for RIT's Clinical Health Sciences Center.

  • Thomas Bonadio has grown the Bonadio Group into the nation's 40th largest CPA firm.

  • Steve General Contractor was founded in 1973 by a Jamaican immigrant.

  • Tim Dougherty found satisfaction in creating a nutritional lifestyle.

  • The 2015 edition features an exclusive interview with Paychex CEO Martin Mucci.

RF Communications parent reports drop in unit's Q4 sales

Rochester Business Journal
July 29, 2014

Harris Corp.’s RF Communications Tuesday reported a drop in fiscal fourth-quarter sales and operating income.

The Rochester-based segment logged sales of $493 million, down from $501 million in the prior year. Tactical Communications revenue was $348 million, up 4 percent, and Public Safety revenue was $145 million, down 12 percent.

Segment operating income was $141 million. In the prior year, segment operating income was $176 million.

Orders for the segment totaled $361 million, including $232 million in Tactical Communications and $129 million in Public Safety.

For the fiscal year, RF Communications reported sales of $1.83 billion, down from sales of $1.85 billion a year ago. Income from continuing operations was $561.5 million, down from $576.9 million.

RF Communications employs 2,100 local workers.

The results were included in Florida-based Harris’ quarterly report.

Harris posted quarterly sales of $1.33 billion compared with $1.36 billion the year before. Income from continuing operations was $138 million, or $1.28 a diluted share, compared with $71 million, or 65 cents a diluted share, a year ago.

Last year’s results included charges related to restructuring and other actions. Excluding those, income from continuing operations was $154 million, or $1.41 a diluted share.

For the fiscal year 2014, revenue was $5.01 billion compared with $5.11 billion in fiscal 2013.

 (c) 2014 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail


What You're Saying 

There are no comments yet. Be the first to add yours!

Post Your Own Comment


Not registered? Sign up now!

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google