Harris Corporation Announces Falcon(R) Radio Orders Exceeding $150 Million; Includes Orders under JTRS Program CISCHR Contract
January 16 2008 - 3:06PM
PR Newswire (US)
ROCHESTER, N.Y., Jan. 16 /PRNewswire-FirstCall/ -- Harris
Corporation (NYSE:HRS), an international communications and
information technology company, has received several new orders for
its Falcon family of radios worth $158 million. The orders came
from multiple branches of the U.S. Department of Defense and cover
a broad range of tactical applications: -- A $118 million order
from the U.S. Army to supply Falcon II high frequency (HF)
vehicular radio systems for HMMWV's and other vehicles. The
purchase allows the Army, Army Reserves and National Guard to
continue expanding their use of Harris HF tactical radios for
mobile, beyond line-of-sight communications. -- Orders worth up to
$26 million from the U.S. Air Force to supply JTRS approved
Falcon(R) III AN/PRC-152(C) handheld tactical radio systems. The
orders were placed under the previously announced $2.7 billion
Consolidated Interim Single Channel Handheld Radio (CISCHR) IDIQ
contract awarded to Harris by the Joint Program Executive Office
for the Joint Tactical Radio System. The AN/PRC-152(C) offers users
a wide range of capabilities such as SINCGARS interoperability,
ultra high frequency (UHF) ground-to-ground line-of-sight
communications, close air support and programmable encryption. -- A
$14 million order from the U.S. Marine Corps for Falcon III AN/VRC
110 vehicular radio systems to support Mine Resistant Ambush
Protected (MRAP) and other tactical vehicles. The vehicle systems
incorporate JTRS-approved AN/PRC-152(C) handheld radios. This is
the third order under the $212 million Tactical Handheld Radio
(THHR) IDIQ contract awarded last summer following a competitive
bidding process. "Demand for our Falcon radios remains robust and
is driven by a broad range of customers within the U.S. Department
of Defense as well as throughout our international markets," said
Dana Mehnert, president of Harris RF Communications. "Our
opportunity pipeline continues to be very robust and reflects our
ability to meet the advanced communications requirements of our
customers. We have further increased our production capacity to
address the higher expected demand in the second half of fiscal
2008 and beyond." About Harris Corporation Harris 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 16,000 employees - including
nearly 7,000 engineers and scientists. Harris is dedicated to
developing best-in-class assured communications(TM) products,
systems, and services. Additional information about Harris
Corporation is available at http://www.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: Kevin Aman of RF
Communications for Harris Corporation, +1-585-241-8186, ; or Jim
Burke of Harris Corporation, +1-321-727-9131, Web site:
http://www.harris.com/
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