Harris Corporation Receives $51.5 Million Delivery Order Under U.S. Army’s Modernization of Enterprise Terminals Contract
October 17 2011 - 8:50AM
Business Wire
Harris Corporation (NYSE:HRS), an international communications
and information technology company, has received a $51.5 million
delivery order for advanced satellite terminals under the U.S.
Army's Modernization of Enterprise Terminals (MET) program. The
next-generation military satellite communications terminals will
provide the worldwide backbone for high-priority military
communications and missile defense systems.
Harris is the prime contractor for the Indefinite
Delivery/Indefinite Quantity MET contract with a five-year base
period plus a five-year option period. The MET contract is valued
at a potential $600 million, including the base and option periods.
This brings total MET orders for Harris to more than $212 million
since the program was awarded in April 2009.
Under this new order, Harris will supply additional terminals,
including large fixed X-/Ka-band terminals, and transportable
X-/Ka-band terminals. The order also includes equipment racks,
spares to support the fielding of the terminals and operator
training.
"We continue to aggressively drive toward the key production and
delivery milestones of this major program, which represents a new
generation of strategic, multiband terminals," said Sheldon Fox,
group president, Harris Government Communications Systems. "These
terminals provide critical reach-back capability for soldiers in
the field who must access resources not available at their remote
locations.”
Under the MET program, managed by the Project Manager, Defense
Communications and Army Transmission Systems (PM DCATS), Harris
will replace up to 80 AN/GSC-52, AN/GSC-39, AN/FSC-78 and other
aging strategic satellite communications terminals with new X-band
or simultaneous X-/Ka-band terminals. The terminals will interface
with the new Wideband Global Satellite constellation, as well as
with legacy satellite systems.
Harris also is supporting field activities such as site
preparation, installation and testing.
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 approximately $6 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.
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