Harris Corporation (NYSE:HRS), an international communications and information technology company, has been awarded the fifth option year of its Network and Space Operations and Maintenance (NSOM) contract to operate, maintain and logistically support the U.S. Air Force Space Command's 50th Space Wing mission.
The one-year, $66 million option brings the overall value of the program to date to $351 million. Initially awarded in 2008, the total potential value of the six-and-a-half year contract is $418 million.
Under the contract, the Harris team supports both inbound and outbound data and communications with Department of Defense satellites, delivering operations and maintenance support to the Air Force Satellite Control Network’s equipment at ten locations worldwide.
The Harris team includes ASRC Aerospace, Arctic Slope World Services, Avaya Government Solutions, Faith Enterprises Incorporated, Günther Douglas and Lockheed Martin Information Technology.In IT Services, Harris designs, deploys, operates and maintains secure communications systems and information networks for some of the most complex, essential applications in the world for high-profile customers in government and commercial markets. Well-credentialed professionals deliver expertise worldwide in Systems and Network Integration, Managed Services, Cyber Security/Information Assurance, Mobility, and Cloud Services — on time, on budget, with solutions that are ready for today and built for tomorrow. About Harris Corporation Harris is an international communications and information technology company serving government and commercial markets in more than 125 countries. Headquartered in Melbourne, Florida, the company has approximately $5.5 billion of annual revenue and about 15,000 employees – including 6,000 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 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. 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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