Harris Corp. F4Q08 (Qtr. End 06/30/08) Earnings Call Transcript

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2008-08-05 21:15:17.0

Tags: Harris Corp.

Question-and-Answer Session

Thank you, sir. The question-and-answer session will begin conducted electronically. [Operator Instructions]. We'll take our first question from Myles Walton, of Oppenheimer and Company.

Myles Walton - Oppenheimer & Co.

Thanks. Good Afternoon,

Howard L. Lance - Chairman, President and Chief Exec Officer

Hi, Myles.

Myles Walton - Oppenheimer & Co.

You had mentioned that you had received some initial orders on the Falcon III thus far and but some of that is in backlog, you haven't seen actually any press release on them, I'm just curious is this a customer request that you're not disclosing new orders yet, or they just not get the material size giving you only have way through the demonstrations at this point?

Howard L. Lance - Chairman, President and Chief Exec Officer

Some of each.

Myles Walton - Oppenheimer & Co.

Okay and when would you expect to complete the demos and actually make kind of make those more visible to the outside community as to the market reception of the manpack?

Howard L. Lance - Chairman, President and Chief Exec Officer

I think they are scheduled through the remainder of this calendar year. So through the next five months or so we will get through those 100 hopefully, we'll I am sure we'll continue to have some going forward, but with the certification now behind us that's a major milestone and has... I think encouraged customers to use these currently on field trials. So we are very optimistic about what this significant market lead with the GTO as certified manpack lightband networking radio is going to do for us.

Myles Walton - Oppenheimer & Co.

Okay and Howard you talked about the re-acceleration of international growth within the RF segment in the second half, can you quantify that in anyway whether that's a percentage growth or percent sales of our RF in general?

Howard L. Lance - Chairman, President and Chief Exec Officer

Well we just saw Myles, significantly higher growth in revenue in the second half than the first half and we're just trying to remind everyone that international growth is going forward is going to be a significant driver for RF revenue individually to our continued success with U.S. customers.

Myles Walton - Oppenheimer & Co.

And as far as the percentage of your sales I think it was $1.5 billion for RF this year, what was international's component of that you could split.

 

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