Harris Corporation Awarded IDIQ Contract with Potential Value of $2.7 Billion for JTRS-Approved Falcon(R) III Tactical Radios
June 20 2007 - 11:24AM
PR Newswire (US)
New Contract Vehicle Expands Warfighter Accessibility to Falcon III
Joint Tactical Radio Technology ROCHESTER, N.Y., June 20
/PRNewswire-FirstCall/ -- Harris Corporation (NYSE:HRS), an
international communications and information technology company,
has been awarded an Indefinite Delivery, Indefinite Quantity (IDIQ)
contract with a potential value of up to $2.7 billion to supply the
U.S. Department of Defense with its next-generation multiband
Falcon III handheld tactical radio systems. The contract includes
additional options that if exercised over a five-year period could
increase the potential value to nearly $7 billion. Harris is one of
two suppliers to receive IDIQ contracts for Joint Tactical Radio
System (JTRS) multiband handheld radios and orders will be awarded
based on competitive bidding between the two suppliers. The
contract, awarded by the Joint Program Executive Office of the
Joint Tactical Radio System (JPEO JTRS), calls for Harris to
provide Falcon III AN/PRC-152(C) radios, accessories, training and
field support. Harris also will supply versions of its Falcon III
AN/VRC-110 50-watt vehicular system, which is a fully integrated
communications platform based on rapidly deployable Falcon III
AN/PRC-152(C) multiband handheld radios and offers capabilities
well beyond legacy single-mode SINCGARS radios. In addition to
SINCGARS capabilities, Falcon III radios provide UHF line-of-sight
communications, close-air support and tactical satellite
communications, programmable encryption, and software upgradeabilty
utilizing JTRS Software Communications Architecture (SCA). The
Falcon III AN/VRC-110 already has been widely fielded by the U.S.
Army and provides the U.S. DoD with an immediately available JTRS
alternative to legacy SINCGARS. "This is the first production
contract vehicle issued by the Joint Program Executive Office for
next-generation, software-defined radios," said Howard Lance,
chairman, president, and chief executive officer of Harris
Corporation. "Our Falcon III radios enable the DoD to field joint
tactical radio technology today to address a full range of
immediate mission requirements with the upgrade capability to
address future requirements as well. The Falcon III multimode
capability addresses critical interoperability issues and
accelerates the DoD transition to JTRS technology. This radio
fulfills the JTRS promise and is available today." "The Falcon III
AN/PRC-152(C) was developed by Harris through internally funded
R&D and was designed to address JTRS requirements," said Dana
Mehnert, president of Harris RF Communications. "The Joint Program
Executive Office is applying a commercial acquisition model to
begin fielding JTRS-approved radios. This visionary approach
provides an environment of sustained competition that benefits the
warfighter. The Falcon III family positions Harris well to address
the key tactical communications needs of its customers, both today
and into the future." About Harris Corporation Harris RF
Communications Division is a leading supplier of secure voice and
data communications products, systems, and networks to military,
government, and commercial organizations worldwide. Harris
Corporation is an international communications and information
technology company serving government and commercial markets in
more than 150 countries. Headquartered in Melbourne, Florida, the
company has annual revenue of over $4 billion and more than 15,000
employees - including more than 6,000 engineers and scientists.
Harris is dedicated to developing best-in-class assured
communications(TM) products, systems, and services for global
markets, including government communications, RF communications,
broadcast communications, and wireless transmission network
solutions. Additional information about Harris Corporation is
available at http://www.harris.com/. Forward-Looking Statements
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: Kevin Aman, RF Communications Division,
+1-585-241-8186, , or Jim Burke, Corporate Headquarters,
+1-321-727-9131, , both of Harris Corporation Web site:
http://www.harris.com/
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