WASHINGTON and CALGARY, Alberta, Oct.
18 /PRNewswire/ -- Harris Corporation (NYSE: HRS), an
international communications and information technology company,
has been awarded a nine-year, $273
million (CAD) services contract by the Government of
Canada for the CF-18 Avionics
Optimized Weapon System Support (OWSS) program. This contract
is for a six-year period plus three additional option years, and
will be in effect until the end of the CF-18 Hornet fighter
aircraft life expectancy in 2020. The announcement was made
at the Harris facility in
Calgary, on Sunday, October 17, 2010 along with
representatives of the Government of Canada.
Under the contract with Harris Canada Inc., a wholly-owned
subsidiary, Harris will provide repair and overhaul; engineering
support; program management; life cycle support; and obsolescence
and material management services to support the avionics systems on
the CF-18 Hornet fighter aircraft. Harris Canada has been a
trusted provider of avionics support to the CF-18 through
progressive contracts effectively delivering an OWSS program for
more than 11 years, and proving the concept for other military
equipment programs.
"This all-inclusive aircraft maintenance OWSS contract showcases
Harris' value proposition as a
partner in the Canadian government's efforts to streamline military
procurement and save money for its taxpayers," stated John Heller, president, Harris IT Services.
This competitively won contract will sustain and create high
quality jobs in Calgary and will
provide important avionics maintenance for the final years of
flights for the CF-18.
About Harris Corporation
Harris is an international
communications and information technology company serving
government and commercial markets worldwide. Headquartered in
Melbourne, Florida, the company
has approximately $5 billion of
annual revenue and more than 16,000 employees — including nearly
7,000 engineers and scientists. Harris is dedicated to
developing best-in-class assured communications® products,
systems, and services. Additional information about Harris
Corporation is available at 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.
SOURCE Harris Corporation
Copyright . 18 PR Newswire