UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 11-K

(Mark One)

þ		ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended July 3, 2009

OR

o		TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from                       to                     

Commission file number 1-3863

A. Full title of the plan and the address of the plan, if different from that of the issuer named below:

Harris Corporation Retirement Plan

B. Name of issuer of the securities held pursuant to the plan and the address of its principal executive office:

Harris Corporation
1025 West NASA Blvd.
Melbourne, Florida 32919

 

 

HARRIS CORPORATION
RETIREMENT PLAN

Audited Financial Statements and Supplemental Schedule

July 3, 2009 and June 27, 2008 and
for the Fiscal Year Ended July 3, 2009

HARRIS CORPORATION RETIREMENT PLAN
July 3, 2009 and June 27, 2008
Table of Contents

Report of Independent Registered Public Accounting Firm			1
Audited Financial Statements:
Statements of Net Assets Available for Benefits at July 3, 2009 and June 27, 2008			2
Statement of Changes in Net Assets Available for Benefits for the Fiscal Year Ended July 3, 2009			3
Notes to the Financial Statements			4
Supplemental Information:
Schedule H, Line 4(i) — Schedule of Assets (Held at End of Year)			12
Signature			33
Exhibits:
EX-23.1 - Consent of Ernst & Young LLP

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Participants and the Harris Corporation Employee Benefits Committee
Harris Corporation Retirement Plan

We have audited the accompanying statements of net assets available for benefits of Harris Corporation Retirement Plan as of July 3, 2009 and June 27, 2008, and the related statement of changes in net assets available for benefits for the year ended July 3, 2009. These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. We were not engaged to perform an audit of the Plan’s internal control over financial reporting. Our audits included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Plan’s internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the Plan at July 3, 2009 and June 27, 2008, and the changes in its net assets available for benefits for the year ended July 3, 2009, in conformity with U.S. generally accepted accounting principles.

Our audits were performed for the purpose of forming an opinion on the financial statements taken as a whole. The accompanying supplemental schedule of assets (held at end of year) as of July 3, 2009 is presented for purposes of additional analysis and is not a required part of the financial statements but is supplementary information required by the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. This supplemental schedule is the responsibility of the Plan’s management. The supplemental schedule has been subjected to the auditing procedures applied in our audits of the financial statements and, in our opinion, is fairly stated in all material respects in relation to the financial statements taken as a whole.

/s/ Ernst & Young LLP
Independent Certified Public Accountants

Jacksonville, Florida
November 12, 2009

HARRIS CORPORATION RETIREMENT PLAN
Statements of Net Assets Available for Benefits at July 3, 2009 and June 27, 2008

		July 3,				June 27,
		2009				2008
ASSETS
Investments at fair value:
Interest bearing cash		$	5,317,038			$	8,453,397
Preferred stocks			589,225				3,064,877
Common stocks			375,924,133				568,219,296
Registered investment companies			293,674,583				312,401,934
Common/collective trust funds			1,278,465,558				1,655,664,075
Synthetic guaranteed investment contract wrappers			138,918				379,413
Corporate bonds and debentures			44,490,995				360,989
Municipal and provincial bonds			840,514				—
Foreign bonds			4,214,604				—
U.S. Government securities			132,842,712				—
Participant loans			36,636,578				33,500,965
Total investments at fair value			2,173,134,858				2,582,044,946
Receivables:
Contributions receivable:
Employer			1,050,389				8,285,010
Participants			8,484,687				5,344,500
Accrued interest and dividends			2,087,647				48,556
Due from broker for securities sold			12,375,906				1,280,612
Total receivables			23,998,629				14,958,678
Total assets			2,197,133,487				2,597,003,624
LIABILITIES
Accrued expenses			338,572				508,472
Due to broker for securities purchased			23,751,743				793,347
Total liabilities			24,090,315				1,301,819
Net assets available for benefits at fair value			2,173,043,172				2,595,701,805
Adjustment from fair value to contract value for fully benefit-responsive investment contracts			26,928,225				14,407,298
Net assets available for benefits		$	2,199,971,397			$	2,610,109,103

The accompanying notes are an integral part of these financial statements.

HARRIS CORPORATION RETIREMENT PLAN
Statement of Changes in Net Assets Available for Benefits
for the Fiscal Year Ended July 3, 2009

		July 3, 2009
Additions to net assets attributed to:
Investment income:
Interest		$	5,974,597
Dividends			10,783,032
Total			16,757,629
Contributions:
Participant rollovers			5,576,707
Employer matching			50,224,451
Participants			98,574,419
Total contributions			154,375,577
Total additions			171,133,206
Deductions from net assets attributed to:
Net depreciation in fair value of investments			406,260,005
Benefits paid to participants			172,020,049
Administrative expenses			2,990,858
Total deductions			581,270,912
Net decrease			410,137,706
Net assets available for benefits:
Beginning of fiscal year			2,610,109,103
End of fiscal year		$	2,199,971,397

The accompanying notes are an integral part of these financial statements.

HARRIS CORPORATION RETIREMENT PLAN
Notes to the Financial Statements
July 3, 2009 and June 27, 2008

NOTE 1 — DESCRIPTION OF PLAN

The following description of the Harris Corporation Retirement Plan (the “Plan”) provides only general information. Participants should refer to the Plan document for a more complete description of the Plan’s provisions.

A.		General — The Plan is a defined contribution plan with a 401(k) feature covering substantially all eligible employees of Harris Corporation and certain of its subsidiaries (collectively, the “Company” or “Employer”) as defined in the Plan document. The Plan Administrator is the Harris Corporation Employee Benefits Committee comprised of persons appointed by Harris Corporation. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”).
B.		Contributions — Participants may contribute a percentage of both pre-tax and after-tax eligible compensation, as defined in the Plan document and subject to Internal Revenue Code (the “Code”) limitations. After-tax contributions may be made either on a regular after-tax basis or on a designated Roth after-tax basis. Participants age 50 and older by the end of the calendar year can contribute an additional amount above the annual pre-tax limitation, as defined in the Plan document and subject to Code limitations. The Company matches up to 50% or 100% (depending on business unit) of pre-tax and after-tax contributions subject to a limit of 4% or 6% (depending on business unit) of eligible compensation for any eligible employee who has completed the Plan’s service requirement (either six months or one year, depending on business unit). Full-time regular participants who make no election with respect to their contribution percentage are deemed to have elected deferment of 6% of eligible compensation on a pre-tax basis. The Company may make discretionary profit sharing contributions to the Plan in an amount determined by the Company, allocated to eligible participants based on compensation as defined in the Plan document. With respect to the fiscal year ended July 3, 2009, no profit sharing contributions were made; instead, the Company’s cash-based Performance Reward Plan permitted each participant eligible for such plan to elect a special, unmatched pre-tax contribution to the Plan of 0%, 50% or 100% of the amount, if any, otherwise payable to the participant by the Company in cash under the Performance Reward Plan, subject to Code limitations. In addition, participants may rollover amounts to the Plan from other qualified plans.
C.		Payments of Benefits — Prior to termination of employment, a participant may withdraw all or any portion of his or her regular after-tax account balance or rollover balance. A participant may also receive a distribution while employed for financial hardship, as defined in the Plan document, upon attainment of age 59½ or in certain cases, in connection with active military duty. Upon retirement or other termination of employment, a participant may elect to receive either a lump-sum amount equal to all or a portion of the participant’s vested interest in his or her account, or installments over a future period.
D.		Participant Loans — The loan program permits participants to borrow against their pre-tax, regular after-tax, designated Roth after-tax and rollover contributions. A participant may borrow in increments of $100 from a minimum of $500 to a maximum of 50% of the vested portion of the participant’s account or $50,000 whichever is lower, within certain limitations established by the Plan document. Payback periods range from one to five years unless the loan is to be used for the purchase of a principal residence, in which case the payback period may not exceed ten years. Interest rates are established by the Company based on market rates. Loans are paid back ratably through payroll deductions (or, if the participant is not receiving paychecks, then they are paid back by personal, certified or cashier’s check, money order or electronic transfer). The outstanding loans have been established as a separate fund.
E.		Participant Accounts — Each participant’s account is credited with the participant’s contribution, including the contribution, if any, in respect of the participant’s election under the Company’s cash-based Performance Reward Plan, and allocations of (a) the Company’s matching contribution, (b) the Company’s discretionary profit sharing contribution, if any, and (c) Plan earnings, and is charged with an allocation of Plan losses and administrative expenses. The benefit to which a participant is entitled is the benefit that can be provided from the participant’s vested account.

HARRIS CORPORATION RETIREMENT PLAN
Notes to the Financial Statements (continued)
July 3, 2009 and June 27, 2008

NOTE 1 — DESCRIPTION OF PLAN (CONTINUED)

F.

Vesting — Participants are immediately vested in their pre-tax, regular after-tax, designated Roth after-tax and rollover contributions plus earnings thereon. Vesting in the Employer matching and any profit sharing contributions, plus earnings thereon, is based on years of service, as defined in the Plan document. A participant is 100% vested after four years of credited service, based on the following schedule:

Years of Service		Vesting Percentage
Less than 1 year			0	%
1 year			25	%
2 years			50	%
3 years			75	%
4 years			100	%

		However, certain vesting schedules applicable to assets merged into the Plan have been preserved, as legally required, and may result in the vesting of Employer contributions more quickly than described above.
		A participant also becomes 100% vested in Employer contributions upon his or her termination of employment after attaining age 55 or on account of his or her death or disability.
G.		Forfeitures — A terminated participant who is not 100% vested will forfeit the non-vested portion of the Company’s contributions unless the participant returns to employment within five years. The forfeited contributions are used first, to restore the accounts of recently located missing participants, as defined in the Plan document; next, to restore the accounts of participants who are reemployed prior to incurring a break in service of five consecutive years; next, to fund any matching or profit sharing contributions to be allocated to participants who are reemployed after a period of qualified military service, as defined in the Plan document; and finally, to reduce future contributions to the Plan by the Company. Forfeited amounts included in Plan assets at July 3, 2009 and June 27, 2008 were $406,710 and $315,913, respectively. For the fiscal years ended July 3, 2009 and June 27, 2008, Employer contributions were reduced by $573,127 and $1,600,000, respectively, from forfeited non-vested accounts.
H.		Plan Termination — Although it has not expressed any intent to do so, the Company has the right under the Plan to discontinue its contributions at any time and to terminate the Plan subject to the provisions of ERISA. In the event of Plan termination, participants will become 100% vested in their accounts.
I.		Investment Options — Upon enrollment into the Plan, a participant may direct Employer and participant contributions into any of several investment options, including the Harris Stock Fund. A participant may transfer amounts from other investment options into the Harris Stock Fund, provided that no transfer shall cause more than 20% of a participant’s account to be invested in the Harris Stock Fund. The investment options are fully described in the “Employer Summary Plan Description,” which is available to all participants. In the event no investment option is selected by the participant, the default investment option for contributions is the LifeCycle Fund that is age-appropriate for the participant. Elections to change funds can be made daily; however, amounts in the Stable Value Fund cannot be transferred directly to the Money Market Fund. Investments are also governed by other limitations described in the Plan document and the “Employer Summary Plan Description.”

HARRIS CORPORATION RETIREMENT PLAN
Notes to Financial Statements (continued)
July 3, 2009 and June 27, 2008

NOTE 2 — SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Accounting — The accounting records of the Plan are maintained on the accrual basis. Certain prior year data have been reclassified to conform to the fiscal 2009 presentation.

Recent Accounting Pronouncement — In April 2009, the Financial Accounting Standards Board (“FASB”) issued a Staff Position (“FSP FAS 157-4”) that was intended to provide additional application guidance and enhance disclosures about fair value measurements. FSP FAS 157-4 clarifies the objective and method of fair value measurement even when there has been a significant decrease in market activity for the asset being measured. FSP FAS 157-4 is effective for financial statements issued for periods ending after June 15, 2009. The Plan adopted FSP FAS 157-4 as of June 28, 2008 for fiscal 2009 subsequent to the end of the Plan’s fiscal 2008 on June 27, 2008. The Plan’s financial statements were not materially impacted by FSP FAS 157-4.

Valuation of Investments — The Plan’s investments are stated at fair value. Quoted market prices are used, when available, to value investments. Investments for which quoted market values are not available are stated at fair values as reported by the trustee or investee company. Participant loans are valued at their outstanding balances, which approximate fair value. See Note 7 — Financial Instruments below for further information on the valuation of investments.

Synthetic Guaranteed Investment Contracts — During fiscal 2009 and fiscal 2008, the Plan held synthetic guaranteed investment contracts (“synthetic GICs”) in its Stable Value Fund (the “Fund”). A corresponding contract wrapper with the issuer of the synthetic GICs was also held in order to provide a variable rate of return on the cost of the investment. The fair value of the synthetic GICs was determined using a discounted cash flow method or quoted market value of underlying investments. The fair value of the contract wrappers was based on the present value of the difference between the current fee and fee re-bids provided by the issuers and was $138,918 and $379,413 at July 3, 2009 and June 27, 2008, respectively. The Plan values all investments at fair value. See Note 7 — Financial Instruments for further discussion of fair value measurements.

The interest crediting rate of synthetic GICs is based on the contract value, and the fair value, duration and yield to maturity of the portfolio of bonds underlying the synthetic GICs. The interest crediting rate is reset quarterly. The minimum crediting rate is zero percent.

The interest crediting rate reset allows the contract value to converge with the fair value of the underlying portfolio over time, assuming the portfolio continues to earn the current yield for a period of time equal to the current portfolio duration.

The primary variables impacting the future interest crediting rates of synthetic GICs include the current yield of the assets underlying the contract, the duration of the assets underlying the contract and the existing difference between the fair value and contract value of the assets within the contract.

The investments in synthetic GICs are presented at fair value on the Statements of Net Assets Available for Benefits. To the extent that the underlying portfolio of a synthetic GIC has unrealized and/or realized losses, a positive adjustment is made to the adjustment from fair value to contract value under contract value accounting. As a result, the future interest crediting rate may be lower over time than the then-current market rates. Similarly, if the underlying portfolio generates unrealized and/or realized gains, a negative adjustment is made to the adjustment from fair value to contract value, and the future interest crediting rate may be higher than the then-current market rates. The adjustments ensure that ending net assets available for benefits are recorded at contract value and reflect the unrealized and/or realized gains and losses on the underlying portfolio of synthetic GICs.

Synthetic GICs generally provide for withdrawals associated with certain events which are not in the ordinary course of Plan operations. These withdrawals are paid with a market value adjustment applied to the withdrawal as defined in the investment contract. Each contract issuer specifies the events which may trigger a market value adjustment. Such events include but are not limited to the following: material amendments to the Plan or in the administration of the Fund; changes to the Plan’s competing investment options including the elimination of equity wash provisions; complete or partial termination of the Plan; the failure of the Plan to qualify for exemption from federal income taxes or any required prohibited transaction exemption under ERISA; the redemption of all or a portion of the interests in the Fund held by the Plan at the direction of the Plan sponsor, including withdrawals due to the removal of a specifically identifiable group of employees from coverage under the Plan (such as a group layoff or early retirement incentive program), the closing or sale of a subsidiary, employing unit or affiliate, the bankruptcy or insolvency of the Plan sponsor, the merger of the Plan with another plan, or the Plan sponsor’s establishment of another tax qualified defined contribution plan; any change in law, regulation, ruling, administrative or judicial position or accounting requirement, applicable to the Fund or the Plan; or the delivery of any communication to Plan participants designed to influence a participant not to invest in the Fund.

At this time, the Plan does not believe that the occurrence of any such market value adjustment-triggering event, which would limit the Plan’s ability to transact at contract value with participants, is probable.

HARRIS CORPORATION RETIREMENT PLAN
Notes to Financial Statements (continued)
July 3, 2009 and June 27, 2008

If the Plan defaults in its obligations under any synthetic GIC (including the issuer’s determination that the agreement constitutes a non-exempt prohibited transaction as defined under ERISA), and such default is not corrected within the time permitted by the contract, then the contract may be terminated by the issuer and the Plan will receive the fair value of the underlying investments as of the date of termination. With the exception of this circumstance, termination of the contract by the issuer would be settled at contract value.

The average yield based on actual earnings was approximately 4.49% at July 3, 2009 and 5.28% at June 27, 2008. The average yield based on interest rate credited to participants was approximately 2.61% at July 3, 2009 and 4.79% at June 27, 2008.

Use of Estimates — The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires the Plan Administrator to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results may differ from those estimates.

Administrative Expenses — Unless otherwise elected by Harris Corporation, all reasonable charges and expenses incurred in connection with the administration of the Plan are paid by the Trustee from the assets of the trust.

During the fiscal year ended July 3, 2009, the Plan’s investments (including investments bought, sold and held during the fiscal year) depreciated in value as follows:

		July 3, 2009
Net depreciation in fair value as determined by quoted market prices:
Preferred stocks		$	116,621
Common stocks			(179,970,564	)
Registered investment companies			(50,203,452	)
Corporate bonds and debentures			2,079,377
Municipal and provincial bonds			(11,164	)
Foreign bonds			25,112
U.S. Government securities			(212,531	)
			(228,176,601	)
Net depreciation in fair value as determined by investee company/trustee:
Common/collective trust funds			(178,083,404	)
			(178,083,404	)
Total net depreciation in fair value		$	(406,260,005	)

The fair value of individual investments that represent 5% or more of Plan net assets at July 3, 2009 and June 27, 2008 is as follows:

		July 3,				June 27,
		2009				2008
MFB NTGI-QM Collective Daily Russell 1000 Equity Index Fund		$	140,768,383			$	251,003,015
MFB NTGI-QM Collective Daily S&P500 Equity Index Fund			*				230,213,288
MFO Bank of New York Collective TR Aggregate Index Fund			—				247,919,593
MFO Columbia FDS SER TR Intl. Fund			—				189,658,204
MFO Prin Global Invs COLTV Invt TR Diversified Intl Eqty FD 50 BP Fee CL			130,518,412				—
Galliard Capital Management Wells Fargo Bank NA Fixed Income Fund A			111,711,375				133,038,313
Galliard Capital Management Wells Fargo Bank NA Fixed Income Fund D			124,245,294				—
Galliard Capital Management Wells Fargo Bank NA Fixed Income Fund E			111,368,009				151,430,213
Galliard Capital Management Wells Fargo Bank NA Fixed Income Fund F			271,924,287				242,687,071
Harris Corporation common stock			*				129,814,846

* Investment was below 5% of Plan net assets at fiscal year end.

HARRIS CORPORATION RETIREMENT PLAN
Notes to Financial Statements (continued)
July 3, 2009 and June 27, 2008

NOTE 4 — RELATED-PARTY TRANSACTIONS

Certain Plan investments are shares of common stock of Harris Corporation and balances in a common/collective trust fund that are managed by Northern Trust. Harris Corporation is the Plan sponsor and Northern Trust is the Trustee and, therefore, these transactions qualify as exempt party-in-interest transactions.

Harris Corporation common stock is included with other common stock at July 3, 2009 and June 27, 2008 as follows:

		July 3, 2009								June 27, 2008
		Shares				Fair Value				Shares				Fair Value
Harris Corporation common stock			2,526,121			$	72,221,799				2,536,437			$	129,814,846

Transactions in shares of the Company’s common stock qualify as exempt party-in-interest transactions under the provisions of ERISA. During the fiscal year ended July 3, 2009, the Plan made purchases of $13,610,124 and sales of $14,579,929 of the Company’s common stock.

At the start of trading on May 27, 2009, the Company completed the spin-off to its shareholders of all the shares of Harris Stratex Networks, Inc. (“HSTX”) common stock owned by the Company. The distribution of the approximately 55.8% of the outstanding shares of HSTX owned by the Company was made on May 27, 2009 to the Company’s shareholders of record on May 13, 2009, the record date for the spin-off (the “Record Date”). The Plan account of each participant of the Plan with shares of Harris common stock credited to his or her Plan account was credited with 0.248418 of a share of HSTX Class A common stock for each share of Harris Corporation common stock credited to his or her Plan account at 5:30 p.m. Eastern Time on the Record Date. During the fiscal year ended July 3, 2009, the Plan received in connection with the spin-off 602,592 shares of HSTX Class A common stock with a value of $5.26 per share at no cost to the Plan participants. All HSTX shares were subsequently sold and the $3,142,564 in proceeds from the sale was credited to the respective participant accounts. There were no HSTX shares held by the Plan as of July 3, 2009.

The Plan has received a determination letter from the Internal Revenue Service dated April 21, 2004, stating that the Plan is qualified under Section 401(a) of the Code and, therefore, the related trust is exempt from taxation. Subsequent to this determination by the Internal Revenue Service, the Plan has been amended and restated and further amended. Once qualified, the Plan is required to operate in conformity with the Code to maintain its qualification. The Plan sponsor has indicated that it will take the necessary steps, if any, to bring the Plan’s operations in compliance with the Code.

Cash amounts at the Trustee may exceed the federally insured limit from time to time. The Plan provides for investments in various investment securities, which, in general, are exposed to certain risks, such as interest rate, credit and overall market volatility risks. Due to the level of risk associated with certain investment securities, it is reasonably possible that changes in the values of investment securities will occur in the near term, and such changes could materially affect participant account balances and the amounts reported in the Statements of Net Assets Available for Benefits.

The Plan adopted FASB Statement of Financial Accounting Standards No. 157 “Fair Value Measurements” (“SFAS 157”) on June 28, 2008 for all financial assets and liabilities and nonfinancial assets and liabilities that are recognized or disclosed at fair value in the financial statements on a recurring basis (at least annually). SFAS 157 defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements.

SFAS 157 defines fair value as the price that would be received upon sale of an asset or paid upon transfer of a liability in an orderly transaction between market participants at the measurement date and in the principal or most advantageous market for that asset or liability. The fair value should be calculated based on assumptions that market participants would use in pricing the asset or liability, not on assumptions specific to the entity. In addition, the fair value of liabilities should include consideration of nonperformance risk including the Plan’s own credit risk.

In addition to defining fair value, SFAS 157 expands the disclosure requirements around fair value and establishes a fair value hierarchy for valuation inputs. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market. Each fair value measurement is reported in one of the three levels which is determined by the lowest level input that is significant to the fair value measurement in its entirety. These levels are:

	•		Level 1 — inputs are based upon unadjusted quoted prices for identical instruments traded in active markets.
	•		Level 2 — inputs are based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market or can be corroborated by observable market data for substantially the full term of the assets or liabilities.
	•		Level 3 — inputs are generally unobservable and typically reflect management’s estimates of assumptions that market participants would use in pricing the asset or liability. The fair values are therefore determined using model-based techniques that include option pricing models, discounted cash flow models and similar techniques for which some or all significant assumptions are not observable.

HARRIS CORPORATION RETIREMENT PLAN
Notes to Financial Statements (continued)
July 3, 2009 and June 27, 2008

The following section describes the valuation methodologies the Plan uses to measure financial assets at fair value.

In general, and where applicable, the Plan uses quoted prices in active markets for identical assets to determine fair value. This pricing methodology applies to the Plan’s Level 1 assets which include interest bearing cash, preferred stocks, common stocks, registered investment companies, U.S. Government securities, corporate bonds and debentures, municipal and provincial bonds and foreign bonds. If quoted prices in active markets for identical assets are not available to determine fair value, then the Plan uses quoted prices for similar assets or inputs other than the quoted prices that are observable either directly or indirectly. These assets are included in Level 2 and consist primarily of common/collective trust funds and synthetic guaranteed investment contract wrappers. Assets for which fair value is determined by management using assumptions that market participants would use in pricing assets are included in Level 3 and consist of loans to participants.

Assets measured at fair value on a recurring basis at July 3, 2009, are as follows:

		Level 1				Level 2				Level 3				Total
Assets
Interest bearing cash		$	5,317,038			$	—			$	—			$	5,317,038
Preferred stocks			589,225				—				—				589,225
Common stocks			375,924,133				—				—				375,924,133
Registered investment companies			293,674,583				—				—				293,674,583
Common/collective trust funds			—				1,278,465,558				—				1,278,465,558
Synthetic guaranteed investment contract wrappers			—				138,918				—				138,918
Corporate bonds and debentures			44,490,995				—				—				44,490,995
Municipal and provincial bonds			840,514				—				—				840,514
Foreign bonds			4,214,604				—				—				4,214,604
U.S. Government securities			132,842,712				—				—				132,842,712
Participant loans			—				—				36,636,578				36,636,578
Total Assets Measured at Fair Value		$	857,893,804			$	1,278,604,476			$	36,636,578			$	2,173,134,858

HARRIS CORPORATION RETIREMENT PLAN
Notes to Financial Statements (continued)
July 3, 2009 and June 27, 2008

Summary of changes in the fair value of the Plan’s level 3 assets for the fiscal year ended July 3, 2009:

		Participant loans
Balance as of June 27, 2008		$	33,500,965
Issuances, repayments and settlements, net			3,135,613
Balance as of July 3, 2009		$	36,636,578

The fair value of participant loans is based on the collective face value of all participant loans outstanding at the end of the fiscal year, in accordance with the terms in the respective loan agreements.

Form 5500 requires the recording of a liability for benefit amounts processed prior to year-end but not yet paid and requires fully benefit-responsive contracts to be reported at fair value. These requirements conflict with accounting principles generally accepted in the United States and the presentation of such amounts in the financial statements where they remain as part of net assets available for benefits.

     The following is a reconciliation of net assets available for benefits per the financial statements to the Form 5500 at July 3, 2009 and at June 27, 2008:

		July 3,				June 27,
		2009				2008
Net assets available for benefits per the financial statements		$	2,199,971,397			$	2,610,109,103
Benefits due to participants			(133,366	)			(251,175	)
Adjustment to fair value from contract value for fully benefit-responsive investment contracts			(26,928,225	)			(14,407,298	)
Net assets available for benefits per the Form 5500		$	2,172,909,806			$	2,595,450,630

HARRIS CORPORATION RETIREMENT PLAN
Notes to Financial Statements (continued)
July 3, 2009 and June 27, 2008

     The following is a reconciliation of benefits paid to participants per the financial statements to the Form 5500 for the year ended July 3, 2009:

Benefits paid to participants per the financial statements		$	172,020,049
Add: benefits due but unpaid at July 3, 2009			133,366
Less: benefits due but unpaid at June 27, 2008			(251,175	)
Total benefit payments, corrective distributions and deemed distributions per the Form 5500		$	171,902,240

     The following is a reconciliation of investment income per the financial statements to the Form 5500 for the fiscal year ended July 3, 2009:

Net decreases in Plan assets per the financial statements		$	(410,137,706	)
Adjustment to fair value from contract value for fully benefit-responsive investment contracts			(12,520,927	)
Benefits due but unpaid at July 3, 2009			(133,366	)
Benefits due but unpaid at June 27, 2008			251,175
Net loss per the Form 5500		$	(422,540,824	)

SUPPLEMENTAL INFORMATION

Harris Corporation Retirement Plan

E.I.N. 34-0276860
Plan Number 015
Schedule H, Line 4(i)
Schedule of Assets (Held at End of Year)
July 3, 2009

(c)

Description of Investment

(b)

Including

(e)

Identity of Issue, Borrower, Lessor,

Maturity Date, Rate of Interest,

(d)

Current

(a)

or Similar Party

Collateral, Par or Maturity Value

Cost

Value

(In Shares/Par Value except

Participant Loans)

Value of Interest in Preferred Stocks

ADR PETROLEO BRASILEIRO SA PETROBRAS NON VTG

18500

$

589,225

Total Value of Interest in Preferred Stocks

$

589,225

Value of Interest in Interest Bearing Cash

Interest bearing cash

5317038

$

5,317,038

Total Value of Interest in Interest Bearing Cash

$

5,317,038

Harris Corporation Retirement Plan

E.I.N. 34-0276860
Plan Number 015
Schedule H, Line 4(i)
Schedule of Assets (Held at End of Year) (continued)
July 3, 2009

						(c)
						Description of Investment
				(b)		Including								(e)
				Identity of Issue, Borrower, Lessor,		Maturity Date, Rate of Interest,				(d)				Current
(a)				or Similar Party		Collateral, Par or Maturity Value				Cost				Value
						(In Shares/Par Value except
						Participant Loans)
Value of Interest in Common Stocks
				1ST HORIZON NATL CORP COM			26930							$	302,963
				1ST NIAGARA FINL GROUP INC NEW COM			35576								400,942
				3M CO COM			51300								3,090,825
				ABRAXIS BIOSCIENCE INC NEW COM ACCENTURE			3950								142,911
				ACCENTURE LTD BERMUDA CLASS A MAND EXCH ACCENTURE PLC 2054139 9/1/09			37523								1,243,512
				ACI WORLDWIDE INC COM STK			69388								960,330
				ADR ALLIED IRISH BKS P L C SPONSORED ADRREPSTG ORD			94100								442,270
				ADR ASML HOLDING NV NY REGISTERED SHS			35000								772,450
				ADR BP P L C SPONSORED ADR SPONSORED ADR			51256								2,412,107
				ADR MINDRAY MED INTL LTD SPONSORED ADR REPSTG CL A			28252								774,105
				ADR ROYAL DUTCH SHELL PLC SPONSORED ADR REPSTG A SHS			78000								3,811,080
				AFFILIATED MANAGERS GROUP INC COM STK			10777								624,527
				ALCOA INC COM STK			69700								687,242
				ALLEGHANY CORP DEL COM			1097								284,123
				ALLEGHENY TECHNOLOGIES INC COM			19914								677,474
				ALLERGAN INC COM			69900								3,269,223
				AMAZON COM INC COM			60221								4,776,730
				AMER MOVIL SAB DE C V SPONSORED ADR REPSTG SER L SHS			38000								1,464,520
				AMERICAN EXPRESS CO			151700								3,378,359
				AMERICAN TOWER CORP CL A			48622								1,506,310
				AMGEN INC COM			33400								1,719,098
				ANADARKO PETRO CORP COM			41000								1,753,570
				ANALOG DEVICES INC COM			72000								1,778,400
				ANHEUSER-BUSCH INBEV NV			27300								1,041,649
				APPLE INC			44300								6,202,886
				APPLIED MATERIALS INC COM			57900								644,427
				ARCH CAPITAL GROUP COM STK			10329								600,735

Harris Corporation Retirement Plan

E.I.N. 34-0276860
Plan Number 015
Schedule H, Line 4(i)
Schedule of Assets (Held at End of Year) (continued)
July 3, 2009

						(c)
						Description of Investment
				(b)		Including								(e)
				Identity of Issue, Borrower, Lessor,		Maturity Date, Rate of Interest,				(d)				Current
(a)				or Similar Party		Collateral, Par or Maturity Value				Cost				Value
						(In Shares/Par Value except
						Participant Loans)
Value of Interest in Common Stocks
				ASSURANT INC COM			24360								566,614
				AT&T INC COM			162841								4,004,260
				ATMEL CORP COM ATMEL CORP COM			120969								458,472
				AVERY DENNISON CORP COM			43900								1,093,110
				BANK NEW YORK MELLON CORP COM STK			95700								2,638,449
				BANK OF AMERICA CORP			344164								4,350,233
				BAXTER INTL INC COM			11300								600,595
				BED BATH BEYOND INC COM			99900								2,963,034
				BJ SERVICES CO			35100								449,631
				BLACK & DECKER CORP COM			17500								494,025
				BLOCK H & R INC COM			19500								329,355
				BOEING CO COM			44600								1,821,018
				BORG WARNER INC COM			19384								636,958
				BRISTOL MYERS SQUIBB CO COM			81400								1,609,278
				BROADCOM CORP CL A			95600								2,401,472
				BROADRIDGE FINL SOLUTIONS INC COM STK			45432								740,541
				CABLEVISION NY GROUP CL A COM			66600								1,230,768
				CALPINE CORP COM NEW STK			46749								510,966
				CAP1 FNCL COM			47700								991,683
				CAREER ED CORP COM			41681								996,593
				CARTER INC FORMERLY CARTER HLDGS INC TO 09/13/2003 COM			6328								146,683
				CBS CORP NEW CL B			49150								323,898
				CELGENE CORP COM			17800								831,794
				CENTERPOINT ENERGY INC COM			13700								149,878
				CHIMERA INVT CORP COM STK			106704								343,587
				CHEVRON CORP COM			81478								5,248,813
				CHUBB CORP COM			20400								791,928
				CISCO SYSTEMS INC			44000								814,000
				CME GROUP INC COM STK			5000								1,507,250
				COINSTAR INC COM			23815								617,285
				COMM BANCSHARES INC COM			13918								438,834
				COMPASS MINERALS INTL INC COM			11847								656,324
				COMPUTER SCI CORP COM			40600								1,778,280
				COMVERSE TECHNOLOGY INC COM PAR $0.10 COM PAR $0.10			124004								1,060,234
				CONCHO RES INC COM STK			25205								707,504
				CONOCOPHILLIPS COM			16400								671,744
				CONSOL ENERGY INC COM			19100								599,740
				CONSTELLATION ENERGY GROUP INC MARYLAND COM			30800								806,652
				COOPER COS INC COM NEW			9288								233,500
				COOPER INDUSTRIES INC COM			34100								1,026,751
				CORNING INC COM			17600								266,464
				CROWN CASTLE INTL CORP COM STK			36900								900,360
				CVS CAREMARK CORP COM STK			19100								593,437
				D R HORTON INC COM			41900								381,290
				DANAHER CORP COM			28076								1,673,891
				DEERE & CO COM			48000								1,849,440

Harris Corporation Retirement Plan

E.I.N. 34-0276860
Plan Number 015
Schedule H, Line 4(i)
Schedule of Assets (Held at End of Year) (continued)
July 3, 2009

						(c)
						Description of Investment
				(b)		Including								(e)
				Identity of Issue, Borrower, Lessor,		Maturity Date, Rate of Interest,				(d)				Current
(a)				or Similar Party		Collateral, Par or Maturity Value				Cost				Value
						(In Shares/Par Value except
						Participant Loans)
Value of Interest in Common Stocks
				DELL INC COM STK			101800								1,320,346
				DENBURY RES INC HLDG CO COM NEW			58786								813,010
				DU PONT E I DE NEMOURS & CO COM STK			60800								1,506,624
				DUFF & PHELPS CORP NEW CL A COM STK			16597								292,937
				DUKE ENERGY CORP NEW COM STK			95700								1,378,080
				EATON CORP COM			13900								597,561
				EBAY INC COM			67900								1,109,486
				ELI LILLY & CO COM			54700								1,854,330
				ENTERGY CORP NEW COM			21300								1,590,684
				EOG RESOURCES INC COM			10900								700,107
				EURONET WORLDWIDE INC COM			63734								1,202,023
				EXPEDIA INC DEL COM			36450								546,750
				EXPEDITORS INTL WASH INC COM			19100								616,930
				EXXON MOBIL CORP COM			81426								5,576,867
				FIRST AMERN CORP CALIF COM			28094								729,882
				FIRST SOLAR INC COM			2000								308,400
				FIRSTENERGY CORP COM			20335								766,426
				FIRSTMERIT CORP COM			19803								322,595
				FLUOR CORP NEW COM			6100								297,741
				FMC TECHNOLOGIES INC COM			39500								1,438,985
				FNMA COM STK			65175								38,453
				FORTUNE BRANDS INC COM STK			68100								2,271,135
				FRKLN RES INC COM			8226								573,681
				GENERAL ELECTRIC CO			369300								4,232,178
				GENUINE PARTS CO COM			27100								895,926
				GENZYME CORP COM			46000								2,518,500
				GILEAD SCIENCES INC			33068								1,517,821
				GOLDMAN SACHS GROUP INC COM			25500								3,658,995
				GOOGLE INC CL A CL A			10998								4,492,573
				HANOVER INS GROUP INC COM			13280								499,992
				HARLEY DAVIDSON INC COM			51400								800,812
				HARMAN INTL INDS INC NEW COM STK			22800								416,784
				* HARRIS CORP COM			2526121								72,221,799
				HENRY JACK & ASSOC INC COM			50827								1,031,280
				HERSHEY CO FORMERLY HERSHEY FOODS CORP TO 04/19/2005 COM			91100								3,323,328
				HOME DEPOT INC COM			132300								3,017,763
				HONEYWELL INTL INC COM STK			44400								1,367,520
				ICONIX BRAND GROUP INC COM			46395								699,637
				ILL TOOL WKS INC COM			68600								2,484,692
				INTEL CORP COM			110100								1,840,872
				INTERCONTINENTALEXCHANGE INC COM			23000								2,510,220
				INTL FLAVORS & FRAGRANCES INC COM			47700								1,509,705
				INTL PAPER CO COM			131596								1,952,885

Harris Corporation Retirement Plan

E.I.N. 34-0276860
Plan Number 015
Schedule H, Line 4(i)
Schedule of Assets (Held at End of Year) (continued)
July 3, 2009

						(c)
						Description of Investment
				(b)		Including								(e)
				Identity of Issue, Borrower, Lessor,		Maturity Date, Rate of Interest,				(d)				Current
(a)				or Similar Party		Collateral, Par or Maturity Value				Cost				Value
						(In Shares/Par Value except
						Participant Loans)
Value of Interest in Common Stocks
				INTUITIVE SURGICAL INC COM NEW STK			17600								2,793,296
				IRON MTN INC COM STK			28000								793,520
				JOHNSON & JOHNSON COM			34200								1,914,516
				JPMORGAN CHASE & CO COM			220224								7,106,628
				JUNIPER NETWORKS INC COM			79279								1,867,020
				KEY ENERGY SVCS INC			105979								597,722
				KEYCORP NEW COM			126100								645,632
				KIMBERLY-CLARK CORP COM			27100								1,434,403
				KOHLS CORP COM			12948								534,105
				KRAFT FOODS INC CL A			64000								1,661,440
				LAS VEGAS SANDS CORP COM STK			184500								1,357,920
				LEGG MASON INC COM			25100								602,400
				LINCOLN NATL CORP COM			79823								1,285,949
				LIONS GATE ENTMT CORP COM NEW			125701								678,785
				LIVE NATION INC COM			45561								200,468
				LOCKHEED MARTIN CORP COM			6000								477,120
				LOWES COS INC COM			22000								409,640
				MACYS INC COM STK			48600								534,600
				MAGELLAN HLTH SVCS INC COM NEW			25267								813,850
				MARRIOTT INTL INC NEW COM STK CL A			103380								2,107,920
				MARSH & MCLENNAN CO’S INC COM			109700								2,146,829
				MARSHALL & ILSLEY CORP NEW COM STK			56800								264,688
				MARVELL TECH GROUP COM USD0.002			84950								991,367
				MASCO CORP COM			114200								1,039,220
				MASTERCARD INC CL A			4600								764,888
				MATTEL INC COM			81400								1,269,840
				MC CORMICK & CO INC COM NON-VTG			27700								908,560
				MCGRAW HILL COMPANIES INC COM			78600								2,309,268
				MCKESSON CORP			20200								871,024
				MEADWESTVACO CORP COM			60800								981,920
				MEDCO HEALTH SOLUTIONS INC COM			32700								1,483,926
				MERCK & CO INC COM			75000								2,025,750
				METROPCS COMMUNICATIONS INC COM			20800								253,344
				MGM MIRAGE COM			98900								585,488
				MI DEVS INC CL A SUB VTG SHS COM STK			2313								18,250
				MICROSOFT CORP COM			189747								4,434,387
				MONEYGRAM INTL INC COM			182813								429,611
				MONSANTO CO NEW COM			27800								2,000,488
				MOODYS CORP COM			31000								796,080
				MORGAN STANLEY COM STK USD0.01			8257								222,856
				MURPHY OIL CORP COM			52700								2,724,590
				NATIONAL OILWELL VARCO COM STK			86000								2,652,240
				NBTY INC COM			59090								1,655,111
				NEW YORK TIMES CO CL A ISIN NE #US6501111073			99200								534,688
				NIKE INC CL B CL B			23000								1,174,310
				NISOURCE INC COM			142800								1,676,472
				NORFOLK SOUTHN CORP COM			6800								250,920
				NRG ENERGY INC COM NEW			50000								1,240,000

Harris Corporation Retirement Plan

E.I.N. 34-0276860
Plan Number 015
Schedule H, Line 4(i)
Schedule of Assets (Held at End of Year) (continued)
July 3, 2009

						(c)
						Description of Investment
				(b)		Including								(e)
				Identity of Issue, Borrower, Lessor,		Maturity Date, Rate of Interest,				(d)				Current
(a)				or Similar Party		Collateral, Par or Maturity Value				Cost				Value
						(In Shares/Par Value except
						Participant Loans)
Value of Interest in Common Stocks
				NUCOR CORP COM			48900								2,064,558
				O REILLY AUTOMOTIVE INC COM			9000								336,870
				PALL CORP COM			13600								354,416
				PEABODY ENERGY CORP COM STK			18860								549,958
				PG& E CORP COM			34200								1,303,020
				PHARMACEUTICAL PROD DEV INC COM			14795								323,567
				PINNACLE W. CAP CORP COM			34200								1,013,004
				PRAXAIR INC COM			13900								975,224
				PROCTER & GAMBLE CO COM			6200								316,882
				PROGRESS ENERGY INC COM			44000								1,644,720
				PROGRESS SOFTWARE CORP COM			19628								412,384
				PROGRESSIVE CORP OH COM			61500								890,520
				QUALCOMM INC COM			82800								3,699,504
				QWEST COMMUNICATIONS INTL INC COM			339300								1,394,523
				RESEARCH IN MOTION LTD COM			8400								585,564
				ROSETTA STONE INC COM			600								16,200
				REDWOOD TR INC COM			18195								272,743
				S.W. AIRL CO COM			136200								885,300
				SALESFORCE COM INC COM STK			136200								2,156,040
				SCHLUMBERGER LTD COM STK			108714								5,712,921
				SCHWAB CHARLES CORP COM NEW			25600								429,568
				SCIENTIFIC GAMES CORP			64142								945,453
				SEI INVTS CO COM			32519								574,286

Harris Corporation Retirement Plan

E.I.N. 34-0276860
Plan Number 015
Schedule H, Line 4(i)
Schedule of Assets (Held at End of Year) (continued)
July 3, 2009

						(c)
						Description of Investment
				(b)		Including								(e)
				Identity of Issue, Borrower, Lessor,		Maturity Date, Rate of Interest,				(d)				Current
(a)				or Similar Party		Collateral, Par or Maturity Value				Cost				Value
						(In Shares/Par Value except
						Participant Loans)
Value of Interest in Common Stocks
				SLM CORP COM			126400								1,183,104
				SPECTRA ENERGY CORP COM STK			54900								903,654
				SPRINT NEXTEL CORP			154100								665,712
				STARBUCKS CORP COM			94500								1,264,410
				STATE STR CORP COM			22129								1,023,024
				STRYKER CORP COMMON COMMON			35400								1,361,484
				SUN TR BANKS INC COM			73800								1,191,132
				SUNCOR STK MRGR SUNCOR ENERGY INCNEW COM 2053449 08/03/2009			19500								554,775
				SUNOCO INC COM			39800								923,360
				SUNPOWER CORP COM CL B STK			11200								265,104
				TECO ENERGY INC COM			30900								356,586
				TIFFANY & CO COM			40900								993,461
				TIME WARNER INC USD0.01			109500								2,650,995
				TIMKEN CO COM			25552								444,094
				TORCHMARK CORP COM			10516								358,070
				TRAVELERS COS INC COM STK			23749								930,961
				UBS AG CHF0.10			66400								796,702
				UNITED PARCEL SVC INC CL B			40900								1,987,740
				US BANCORP			159100								2,711,064
				USG CORP COM NEW			43800								433,620
				VARIAN INC COM			15042								576,259
				VARIAN MEDICAL SYSTEMS INC			35000								1,172,500
				VERIZON COMMUNICATIONS COM			71434								2,155,878
				VISA INC COM CL A STK			40500								2,433,240
				VMWARE INC CL A COM CL A COM			21000								593,040
				VODAFONE GROUP ORD USD0.11428571			423000								799,683

Harris Corporation Retirement Plan

E.I.N. 34-0276860
Plan Number 015
Schedule H, Line 4(i)
Schedule of Assets (Held at End of Year) (continued)
July 3, 2009

						(c)
						Description of Investment
				(b)		Including								(e)
				Identity of Issue, Borrower, Lessor,		Maturity Date, Rate of Interest,				(d)				Current
(a)				or Similar Party		Collateral, Par or Maturity Value				Cost				Value
						(In Shares/Par Value except
						Participant Loans)
Value of Interest in Common Stocks
				VULCAN MATERIALS CO COM			36200								1,559,496
				WAL-MART STORES INC COM			28600								1,366,794
				WALT DISNEY CO			88200								2,014,488
				WELLPOINT INC COM			32000								1,592,000
				WELLS FARGO & CO NEW COM STK			156900								3,621,252
				WESTERN ALLIANCE BANCORPORATION COM			51107								356,727
				WESTERN UNION CO			28200								433,716
				WEYERHAEUSER CO COM			20400								602,004
				WHIRLPOOL CORP COM			44600								1,940,992
				WPP PLC ORD GBP0.10			74500								468,865
				WYETH COM			70200								3,145,662
				XCEL ENERGY INC COM			82000								1,501,420
				XILINX INC COM			38072								782,380
				XL CAP LTD COM STK			42255								475,369
				YAHOO INC COM			95700								1,434,543
				YUM BRANDS INC COM			17600								602,800
				Total Value of Interest in Common Stocks										$	375,924,133