Harris purchases Orkand

Harris Corp. inked an agreement to buy Orkand Corp., a privately owned IT provider for federal agencies, for $66 million in an all-cash deal.

Regulators must approve the transaction, which is expected to close before the end of Harris' fiscal year July 2.

Orkand of Falls Church, Va., had $80 million in revenue for the 12 months that ended in March. Its federal clients include the departments of Energy, Health and Human Services, Interior, Labor and State and the U.S. Postal Service.

Harris of Melbourne, Fla., had 2003 revenue of $2.1 billion.


Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
 Top 100 Promo 2016
contracts DB


  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Our databases track awards back to 2013. Read More

  • Navigating the trends and issues of 2016 Nick Wakeman

    In our latest WT Insider Report, we pull together our best advice, insights and reporting on the trends and issues that will shape the market in 2016 and beyond. Read More