NOAA Awards Harris Corporation $284 Million GOES-R Series Ground Segment Contract Extension
May 16 2019 - 9:00AM
Business Wire
Highlights:
- Modernizes the computing infrastructure
of the existing GOES-R ground system
- Lowers life-cycle cost by reducing
information technology footprint
- Extends the ground segment contract to
support GOES-T and GOES-U missions
The National Oceanic and Atmospheric Administration (NOAA) has
awarded Harris Corporation (NYSE:HRS) a three-year, $284 million
sole-source extension on the ground segment contract supporting
Geostationary Operational Environmental Satellite (GOES) -R Series
weather satellites – bringing new technologies that support
increased capabilities.
The three-year contract extension will modernize the
ground-computing infrastructure and reduce the IT footprint, laying
the foundation for future migration to cloud technologies. It
extends the partnership with NOAA’s National Environmental
Satellite, Data and Information Service (NESDIS) to 13 years – and
brings the total contract value to $1.65 billion.
The GOES-R ground segment controls and commands NOAA’s two new
geostationary weather satellites, GOES-16 (East) and GOES-17
(West), and will control GOES-T and GOES-U satellites after their
launches. The ground segment controls the Harris-built main
payload, the Advanced Baseline Imager, and other onboard
instruments.
It also collects and processes 3.5 terabytes of science data
every day that is used for severe weather warnings, real-time fire
detection and other life-saving information used by the U.S.
National Weather Service and more than 10,000 direct users
worldwide. Weather data and products are generated in less than 30
seconds, and space weather products in 1.8 seconds.
The first and second satellites in the GOES-R Series launched in
2016 and 2018, and both are operational.
About Harris Corporation
Harris Corporation is a leading technology innovator, solving
customers’ toughest mission-critical challenges by providing
solutions that connect, inform and protect. Harris supports
government and commercial customers in more than 100 countries and
has approximately $6 billion in annual revenue. The company is
organized into three business segments: Communication Systems,
Electronic Systems and Space and Intelligence Systems. Learn more
at 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 value or
expected value of orders, contracts or programs and about
technology capabilities 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190516005123/en/
Kristin P JonesSpace and Intelligence
SystemsKristin.jones@harris.com571-419-4718
Jim BurkeHarris Corporationjim.burke@harris.com321-727-9131
Harris (NYSE:HRS)
Historical Stock Chart
From Mar 2024 to Apr 2024
Harris (NYSE:HRS)
Historical Stock Chart
From Apr 2023 to Apr 2024