Harris Corporation Receives $55 Million Delivery Order Under U.S. Army's Modernization of Enterprise Terminals Contract
Next-Generation Satellite Terminals Creating Backbone for Strategic Military Communications
MELBOURNE, Fla., May 26 /PRNewswire-FirstCall/ -- Harris Corporation (NYSE: HRS), an international communications and information technology company, has received a $55 million delivery order for advanced satellite terminals under the U.S. Army's Modernization of Enterprise Terminals (MET) program. These 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 $153 million since the program was awarded in April 2009.
Harris had previously received delivery orders for satellite terminals and other equipment and services in support of the initial First Article Test (FAT) development and certification phase of the MET program. Under this new $55 million order, Harris will supply additional terminals – large fixed terminals, large fixed terminals with High-Altitude Electromagnetic Pulse (HEMP) protection, and transportable terminals of the standard and hardened configurations. The order also includes four options that would encompass new development of a small fixed terminal, a large fixed radome, an enhanced interactive electronic technical manual, and training simulation hardware.
"This new order reflects the continuing confidence that the government has in the quality and readiness of the Harris terminals, and that we are on track with the key test and production milestones of this major program," said Wes Covell, president, Harris Defense Programs. "Harris is proud to provide the next generation of strategic, multiband terminals for the Department of Defense through the MET program."
Under the MET program, managed by the Project Manager, Defense Communications and Army Transmission Systems (PM DCATS) in Ft. Monmouth, New Jersey, 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- and Ka-band terminals. The terminals will interface with the new Wideband Global Satellite constellation, as well as with legacy satellite systems. The company also will support field activities such as site preparation, installation, test, operations and maintenance. The next major milestone in the program will be the Test Readiness Review, scheduled for September 2010.
The new terminals will support Internet Protocol and Dedicated Circuit Connectivity within the Global Information Grid, providing critical "reach-back" capability for the warfighter. This capability enables a soldier in the field to communicate back to the main base or command, with the ability to access resources not available at that remote location.
Harris Defense Programs develops, supplies, and integrates communications and information processing products, systems, and networks for a diverse base of aerospace, terrestrial and maritime applications supporting U.S. Department of Defense missions. Harris is committed to delivering leading-edge technologies that support the military's ongoing transformation to network-centric communications.
A high-resolution photograph of the MET is available at http://www.harris.com/harris/whats_new/MET_press_release_RGB.jpg
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 $5 billion of annual revenue and more than 15,000 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 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.
SOURCE Harris Corporation
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