202058--8/27/2007--HARRIS_CORP

related topics

{acquisition, growth, future}

{tax, income, asset}

{capital, credit, financial}

{condition, economic, financial}

{operation, international, foreign}

{operation, natural, condition}

{cost, contract, operation}

{product, candidate, development}

{financial, litigation, operation}

{property, intellectual, protect}

{personnel, key, retain}

{product, market, service}

We enter into fixed-price contracts that could subject us to losses in the event of cost overruns. We derive a substantial portion of our revenue from international operations and are subject to the risks of doing business internationally, including fluctuations in currency exchange rates. Our future success will depend on our ability to develop new products that achieve market acceptance. We cannot predict the consequences of future geo-political events, but they may affect adversely the markets in which we operate, our ability to insure against risks, our operations or our profitability. We have made, and may continue to make, strategic acquisitions that involve significant risks and uncertainties. The inability of our subcontractors to perform, or our key suppliers to timely deliver our components or products, could cause our products to be produced in an untimely or unsatisfactory manner. Third parties have claimed in the past and may claim in the future that we are infringing directly or indirectly upon their intellectual property rights, and third parties may infringe upon our intellectual property rights. The outcome of litigation or arbitration in which we are involved is unpredictable and an adverse decision in any such matter could have a material adverse affect on our financial position and results of operations. We are subject to customer credit risk. Developing new technologies entails significant risks and uncertainties. Changes in our effective tax rate may have an adverse effect on our results of operations. Our consolidated financial results may be impacted by Harris Stratex Networks financial results, which may vary significantly and be difficult to forecast. We have significant operations in Florida that could be impacted in the event of a hurricane and operations in California that could be impacted in the event of an earthquake. Changes in future business conditions could cause business investments and/or recorded goodwill to become impaired, resulting in substantial losses and write-downs that would reduce our results of operations. In order to be successful, we must attract and retain key employees, and failure to do so could seriously harm us.

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202058--8/27/2007--HARRIS_CORP_/DE/