Harris Corporation announced on 10 December it plans to invest $125 million this fiscal year in R&D programmes in Florida, to include supporting research partnerships with Florida-based companies and universities.
Florida-based R&D activities will take place primarily at the company’s central Florida locations and focus on areas such as electronic warfare, robotics, avionics and smallsats. The region will receive over a third of the company’s overall $300 million-plus annual internal R&D budget – representing an industry-leading five percent of revenues. This total excludes customer-funded R&D.
The internal R&D will support the company’s approx. 7,000 employment base in Florida, including over 3,300 engineers and scientists, as well as generate new high-paying positions. The company pays an average salary of $95,000 in Florida and has about 375 openings in the state, primarily in engineering
“Harris Corp plays an integral role in our state [….] With the announcement of this research and development, I’m pleased to see that they are continuing to invest in our state’s aerospace industry and economy as well as the future of U.S. national security,” commented US Senator Marco Rubio (R-FL).
The investments will also help foster Harris’ partnership with companies and universities throughout Florida, in which Harris spends over $200 million annually with state-based suppliers. The company also partners with multiple Florida colleges and universities, including the University of Florida, University of Central Florida, University of South Florida and Florida Institute of Technology. These partnerships provide technological insight for Harris and increase company visibility to help fill key technology positions.
“Our industry-leading R&D investment is good for our stakeholders and the state – advancing the company’s technical capabilities and bringing high-quality jobs to the area [….] We strive to advance technology initiatives at all levels by supporting emerging technology today and the workforce of tomorrow,” observed company Chairman, President & CEO, William M. Brown.
The company’s Florida presence will be bolstered by its recently announced plans to merge with L3 Technologies. The combined company, L3 Harris Technologies, will be headquartered in Melbourne, FL, creating opportunities for additional employment and investment growth in the state.