MELBOURNE, FL – Harris Corp. (NYSE:HRS) , an international communications and information technology company, has agreed to acquire CapRock Communications, a global provider of managed satellite communications solutions for the energy, government and maritime industries.

Harris will purchase privately held CapRock for $525 million in cash, subject to post-closing adjustments. CapRock’s audited financial statements for calendar year 2009 included revenue of $359 million; earnings before interest, taxes, depreciation and amortization (EBITDA) of $54 million; and operating income of $28 million.

Howard L. Lance, chairman, president and CEO of Harris, said, “The acquisition provides an entry into the energy market, while expanding our present offering for the government and maritime markets to include managed satellite communications solutions.”