Harris Corporation Awarded $10 Million Preliminary Design Contract for WIN-T Transmission System as Part of General Dynamics Te
May 22 2006 - 10:00AM
PR Newswire (US)
MELBOURNE, Fla., May 22 /PRNewswire-FirstCall/ -- Harris
Corporation (NYSE:HRS) today announced that it has been awarded a
one-year, $10 million preliminary design contract for the secure
wireless transmission system architecture of the U.S. Army's
Warfighter Information Network-Tactical (WIN-T) program, paving the
way for low-rate initial production. Harris is a member of the
General Dynamics WIN-T team, which also includes Lockheed Martin
and BAE SYSTEMS. Total value of the WIN-T program through 2021 is
estimated at $10 billion. Value of the transmission system contract
for Harris could reach $1 billion through 2021 if all production
options are exercised. "We are extremely pleased to be moving into
the design phase of this program, which represents the next
generation of communications for 21st Century ground forces," said
Dan Pearson, president of the Department of Defense Programs
business unit of the Harris Government Communications Systems
Division. "The successful testing of the Harris transmission system
this past November showed that it is an ideal solution for WIN-T,
encompassing our proven enabling technologies for secure, wireless,
on-the-move communications." WIN-T is the next generation of
military tactical communications systems, featuring an integrated
framework of standards and protocols that will optimize military
battlefield communications. Later this year Harris expects to begin
a two-year production program that will finalize a common wireless
transmission system architecture for WIN-T and the Future Combat
System (FCS). WIN-T and FCS are two of the Army's most critical
net-centric modernization programs and both will benefit from a
common wireless transmission architecture. WIN-T is scheduled to be
fielded later this decade. Harris Government Communications Systems
Division conducts advanced research studies, develops prototypes,
and produces and supports state-of-the- art, assured
communications(TM) solutions and information systems that solve the
mission-critical challenges of its military and government
customers, while serving as the technology base for the company's
diverse commercial businesses. Harris Corporation is an
international communications and information technology company
serving government and commercial markets in more than 150
countries. With headquarters in Melbourne, Florida, the company has
annual sales of over $3 billion and more than 13,000 employees --
including 5,500 engineers and scientists. The company's four
operating divisions serve markets for government communications, RF
communications, broadcast communications, and microwave
communications. For more information, visit http://www.harris.com/
. Sound interesting? Find great jobs at Harris:
http://www.careers.harris.com/ Forward-Looking Statement This press
release contains forward-looking statements that reflect
management's current expectations, assumptions and estimates of
future performance and economic conditions. Such statements are
made in reliance upon the safe harbor provisions of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. The company cautions investors that any
forward-looking statements are subject to risks and uncertainties
that may cause actual results and future trends to differ
materially from those matters expressed in or implied by such
forward-looking statements. Statements about the expected value of
the program to Harris are forward-looking and involve risks and
uncertainties. Other factors that may impact the company's results
and forward-looking statement may be disclosed in the company's
filings with the SEC. Harris disclaims any intention or obligation
to update or revise any forward-looking statements, whether as a
result of new information, future events, or otherwise. DATASOURCE:
Harris Corporation CONTACT: Sleighton Meyer, Government
Communications Systems Division, +1-321-727-6514, or , or Brent
Dietz, Corporate Headquarters, +1-321-724-3554, or , both of Harris
Web site: http://www.harris.com/
Copyright
Harris (NYSE:HRS)
Historical Stock Chart
From Jun 2024 to Jul 2024
Harris (NYSE:HRS)
Historical Stock Chart
From Jul 2023 to Jul 2024