Harris Corp. (HRS) announced Friday morning that it was awarded a $419 million Basic Purchasing Agreement contract to supply the U.S. Army with Falcon III AN/PRC-117G multiband tactical manpack radios and vehicular power-amplifier adapter systems. Shares of Harris Corp. rose sharply in early trade Friday and climbed further during the afternoon. The stock closed higher by $2.66 at $39.88. Harris Corp. rose above a 3-week trading range and set an 8-month high.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.