Harris Corp. Awarded $32.7 Million Follow-on Contract by Lockheed Martin for F-35 Joint Strike Fighter Avionics Infrastructure
November 03 2011 - 8:00AM
Business Wire
Harris Corporation (NYSE:HRS), an international communications
and information technology company, has been awarded a $32.7
million follow-on production contract from Lockheed Martin to
supply avionics infrastructure components for the U.S. Department
of Defense F-35 Lightning II fighter aircraft. This Low Rate
Initial Production contract brings the total value of the program
for Harris to more than $500 million since 2001.
Harris is providing Lockheed Martin with next-generation
avionics infrastructure components that house the radar and
Integrated Core Processor (ICP) electronics on the F35. These are
installed during F-35 assembly operations in Ft. Worth, Texas.
Harris also provides state-of-the-art power distribution products
and fiber-optic network solutions that are integrated throughout
the aircraft avionics subsystems.
This latest contract covers production of up to 32 additional
aircraft. More than 90 low-rate initial production aircraft are
under contract to date, and plans call for production of more than
3,000 aircraft over the life of the F-35 program. The F-35 is a
highly lethal, survivable weapon system that will serve as a
cornerstone of future defense capability for the U.S. and its
allied partners. It is designed to replace the A-10, the AV-8
Harrier, the F-16 and the F/A-18.
"This follow-on contract reflects the success of our past
performance on the F-35 program and our ongoing commitment to
meeting its technology leadership and affordability objectives,”
said Sheldon Fox, group president, Harris Government Communications
Systems. "The infrastructure and electronics we are providing are
critical to providing more efficient, affordable and
higher-capacity avionics capabilities than ever before."
Harris also provides advanced avionics solutions as a preferred
supplier for other major new development aircraft and upgrades such
as the U.S. Air Force F-22 Raptor and the U.S. Navy F/A-18E/F Super
Hornet.
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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