Harris Corporation
Free Writing Prospectus Filed Pursuant to Rule 433
(Related to Preliminary Prospectus Supplement Dated June 4, 2009)
Registration No. 333-159688
HARRIS CORPORATION
FINAL TERM SHEET
Dated: June 4, 2009
     
Issuer:
  Harris Corporation
 
   
Size:
  $350,000,000
 
   
Maturity:
  June 15, 2019
 
   
Coupon (Interest Rate):
  6.375%
 
   
Yield to Maturity:
  6.417%
 
   
Spread to Benchmark Treasury:
  T + 275 basis points
 
   
Benchmark Treasury:
  3.125% due May 15, 2019
 
   
Benchmark Treasury Price:
  95-16+
 
   
Benchmark Treasury Yield
  3.667%
 
   
Interest Payment Dates:
  June 15 and December 15, commencing on
 
  December 15, 2009
 
   
Make-Whole Call:
  Treasury Rate plus 37.5 basis points
 
   
Price to Public:
  99.691%
 
   
Use of Proceeds:
  We will use the net proceeds from the sale
 
  of the notes for repayment of a portion of
 
  the outstanding indebtedness under our
 
  commercial paper program recently incurred
 
  in connection with our acquisition of the
 
  Tyco Electronics Wireless Systems business.
 
   
Settlement Date:
  June 9, 2009
 
   
Ratings:
  Moody’s Investors Service, Inc.: Baa1
 
  (stable outlook)
 
  Standard & Poor’s Ratings Services: BBB+
 
  (stable outlook)
 
   
CUSIP:
  413875 AL9
 
   
Joint Book-Running Managers:
  Citigroup Global Markets Inc.
 
  Morgan Stanley & Co. Incorporated
 
   
Co-Managers:
  Banc of America Securities LLC
 
  HSBC Securities (USA) Inc.
 
  J.P. Morgan Securities Inc.
 
  SunTrust Robinson Humphrey, Inc.
Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it from either Morgan Stanley & Co. Incorporated by calling toll-free 1-866-718-1649 or Citigroup Global Markets Inc. by calling toll-free 1-877-858-5407.