Harris Corporation Awarded an IDIQ Contract with Potential Value of $77 Million for U.S. Navy Commercial Broadband Satellite Pro
June 16 2008 - 8:00AM
PR Newswire (US)
SATCOM Terminals Will Provide Internet and Video Communications On
Frigates, Cruisers, and Destroyers MELBOURNE, Fla., June 16
/PRNewswire-FirstCall/ -- Harris Corporation (NYSE:HRS), an
international communications and information technology company,
has received a potential five-year, $77 million Indefinite
Delivery/Indefinite Quantity (IDIQ) contract from the U.S. Navy for
development and production of multiband satellite communications
terminals that will provide high-speed communications for military
personnel serving onboard cruisers and destroyers. Under the IDIQ
contract, the company received an initial award valued at $17.5
million. Harris will supply up to 55 1.3-meter satellite
communications terminals with X- and Ku-band capabilities for the
Navy's Commercial Broadband Satellite Program (CBSP) Unit Level
Variant. The higher bandwidth capacity of these terminals will
enable the Navy to enhance morale-related communications services,
such as providing high-speed Internet access and video
communications onboard destroyers and other unit level ships, which
carry as many as 300 military personnel. "High-bandwidth satellite
communications are a core competency of Harris. These SATCOM
terminals will significantly enhance the Navy's ability to offer
shipboard personnel access to Internet services, thereby play a key
role in supporting programs that maintain high morale and
wellbeing," said Wes Covell, president of Harris Defense Programs.
"We are very proud that the Navy has again selected Harris as its
provider of shipboard communications systems." Harris announced on
May 28 that it was selected by the Navy to provide broadband SATCOM
terminals for the CBSP Force Level Variant for aircraft carriers
and amphibious assault ships. Harris Defense Programs develops,
supplies, and integrates communications and information processing
products, systems, and networks for a diverse base of aerospace,
terrestrial and maritime applications supporting U.S. Department of
Defense missions. Harris is committed to delivering leading-edge
technologies that support the military's ongoing transformation to
network- centric communications. 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 more than $5 billion and 16,000 employees -
including nearly 7,000 engineers and scientists. Harris is
dedicated to developing best-in-class assured communications(R)
products, systems, and services. 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. 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,
Harris Defense Programs, +1-321-727-6514, ; or Jim Burke, Harris
Corporation, +1-321-727-9131, ; or Marc Raimondi, Harris
Corporation - Washington, D.C., +1-202-739-3732, Web site:
http://www.harris.com/
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