Harris Corporation Awarded $96 Million Contract For Development of the Iraqi Media Network
January 09 2004 - 9:21AM
PR Newswire (US)
Harris Corporation Awarded $96 Million Contract For Development of
the Iraqi Media Network MELBOURNE, Fla., Jan. 9
/PRNewswire-FirstCall/ -- Harris Corporation today announced that
it has been awarded a one-year, $96 million contract by The Defense
Contracting Command-Washington (DCC-W), on behalf of the Coalition
Provisional Authority (CPA) currently governing Iraq, for
developing an existing but antiquated media network into a modern
media organization for the Iraqi people. The Iraqi Media Network
(IMN) program includes equipment, operation, training, and
provisioning of programming for national radio and television
networks and a national newspaper with operating locations in
Baghdad and more than 30 other locations throughout the country.
Two additional six-month contract options could increase the total
value of the program to nearly $165 million. "We are extremely
pleased to be selected to play this role in the rebuilding of
Iraq's critical broadcast and media infrastructure," said Howard
Lance, chairman, president, and CEO of Harris Corporation. "We
created a focused organization to support reconstruction efforts in
Iraq and to apply the unique capabilities that Harris has to offer
in both commercial and government communications systems. The
extensive experience of our Broadcast Communications Division on
international projects, combined with the large integration
programs expertise of our Government Communications Systems
Division, will ensure the success of this initiative. The free flow
of information is crucial to any modern society, and we are
committed to making this ambitious goal a reality." The goal of the
IMN contract is to create from the existing organization a first
class, integrated media network that will include two national
radio channels, two national television channels, and a national
newspaper, "Al Sabah." Harris will lead this project and provide
all of the necessary transmitters, integration and automation
broadcast equipment with support from two very important local
teammates: The Lebanese Broadcasting Corporation International
(LBCI), a premier Middle Eastern media network, and Al Fawares, a
Kuwaiti company with Iraqi ownership. LBCI is responsible for
training and content programming for the two radio channels and two
television channels-one for news and one for entertainment. All
four channels will be terrestrial and the all-news television
channel will additionally be available by satellite. Al Fawares
will assist in expanding the newspaper into national status based
on the company's experience with Al Watan in Kuwait, and also will
provide security, logistics and construction services. Harris
Corporation created an Iraq Initiatives Office in July 2003 headed
by Managing Director Youssef (Joe) Sleiman. The initiative
leveraged the products, capabilities, and resources of the
company's five communications businesses to address opportunities
related to the rebuilding of Iraq. "The IMN program is an
incredible opportunity to create something of lasting value for the
Iraqi people," said Sleiman. "We are so very pleased to be part of
this historic effort." Harris Corporation is an international
communications equipment company focused on providing product,
system, and service solutions for government and commercial
customers. The company's five operating divisions serve markets for
government communications, tactical radio, broadcast, microwave,
and network support systems. Harris provides sales and service to
customers in more than 150 countries. Additional information about
Harris Corporation is available at http://www.harris.com/. Sound
interesting? Find great jobs at Harris:
http://www.careers.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: Sleighton Meyer, Government
Communications Systems Division, +1-321-727-6514, or , or Tom
Hausman, Corporate Headquarters, +1-321-727-9131, or , both of
Harris Corporation Web site: http://www.harris.com/
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