Harris Corporation and Tektronix Component Solutions Establish Strategic Partnership Agreement

BEAVERTON, Ore., June 28, 2011 /PRNewswire/ -- International communications and information technology company Harris Corporation (NYSE: HRS) and Tektronix Component Solutions, a custom microelectronics services provider, announced the strengthening of their long-standing relationship via the establishment of a strategic partnership agreement. The mutually beneficial relationship is intended to enhance both organizations' ability to deliver greater value to mutual customers in the defense industry and aid in the innovation of next-generation products.

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For more than 13 years, Tektronix Component Solutions and Harris have worked together to develop and deliver quality, high-performance intra-aircraft communications systems for next-generation military aircraft, including most recently the F-22A Raptor and F-35 Lightning II (Joint Strike Fighter). Individual products have included multi-chip modules, fiber-optic transmitters and receivers, and electro-optic transceivers.

"We value Tektronix Component Solutions' dedication to quality and stability for long-term defense programs," said Ron Kerns, Subcontracts Manager, Harris Corporation. "The creation of this relationship reflects that value and our desire to turn a solid working relationship into a great partnership for the continued development of advanced communications systems."

The agreement, in effect now, is intended to enhance collaboration, share technology and strategy development, improve program execution and, ultimately, enable greater growth for both companies. Through the agreement, the two companies will look to translate the communications expertise of Harris and Tektronix Component Solutions' microelectronics engineering skill to better meet evolving customer needs for greater performance while reducing size, weight and power.

"Harris is one of the most respected communications companies in the industry and we look forward to continuing our work with them," said Tom Buzak, President, Tektronix Component Solutions. "By expanding our joint efforts, we expect to strengthen the combined value provided to our customers and to continue to deliver communication systems of the highest quality and performance."

About Harris Corporation

Harris is an international communications and information technology company serving government and commercial markets in more than 150 countries. Headquartered in Melbourne, Florida, the company has approximately $6 billion of annual revenue and more than 16,000 employees — including nearly 7,000 engineers and scientists. Harris is dedicated to developing best-in-class assured communications® products, systems, and services. Additional information about Harris Corporation is available at www.harris.com.

About Tektronix Component Solutions

Tektronix Component Solutions, formerly known as Maxtek, is a proven microelectronics services company providing a complete range of custom design, prototyping, manufacturing, and test services to equipment manufacturers. With more than 40 years of experience serving the aerospace, communications, defense, measurement, and medical markets, Tektronix Component Solutions works as an extension of our customers' product teams to deliver high-performance and high-reliability components. Headquartered in Beaverton, Oregon, Tektronix Component Solutions can be found on the web at component-solutions.tektronix.com.

SOURCE Tektronix Component Solutions