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U.S. Air Force Awards Harris Corporation $85 Million IDIQ Contract For Falcon Tactical Radios; Includes $33 Million Initial Delivery Order

Stocks in this article: HRS

Harris Corporation (NYSE:HRS), an international communications and information technology company, has been awarded an $85 million indefinite delivery, indefinite quantity (IDIQ) contract to provide the U.S. Air Force with Falcon multiband manpack tactical radios and accessories. In conjunction with the contract, Harris also received initial delivery orders of $33 million.

The Air Force will deploy the Falcon III® AN/PRC-117G across ground units to serve as its next-generation radio platform for tactical voice and wideband data communications. The AN/PRC-117G will provide the Air Force with seamless connectivity to the Global Information Grid in support of a range of existing and emerging network-enabled missions.

“The Air Force will modernize its tactical communications around the wideband AN/PRC-117G, providing its personnel with enhanced situational awareness, ISR and command and control capabilities,” said George Helm, president, Department of Defense business, Harris RF Communications. “This new IDIQ will allow the Air Force to address both current JTRS requirements as well as emerging interoperability requirements through an affordable, upgradeable, combat-proven platform. The USAF is rapidly advancing its tactical radio modernization program, taking full advantage of the JTRS-Certified AN/PRC-117G manpack radio available today.”

The Falcon III AN/PRC-117G is the world’s most widely fielded next-generation radio, combining line-of-sight, beyond-line-of-sight and wideband communications capabilities in a single lightweight package. The radio provides enhanced situational awareness of the battlefield by connecting warfighters to the Tactical Internet.

Harris has shipped more than 25,000 AN/PRC-117G radios to all branches of the U.S. military as well as over a dozen allies including Canada, France, Germany, Australia, Poland and several other countries in NATO. The radio is combat proven and exhaustively tested in field exercises, laboratory environments and has been employed as a secure wideband tactical networking radio in Operation Enduring Freedom since 2009.

Harris RF Communications is the leading global supplier of secure radio communications and embedded high-grade encryption solutions for military, government and commercial organizations. The company's Falcon ® family of software-defined tactical radio systems encompasses manpack, handheld and vehicular applications. Falcon III is the next generation of radios supporting the U.S. military's Joint Tactical Radio System (JTRS) requirements, as well as network-centric operations worldwide. Harris RF Communications is also a leading supplier of assured communications ® systems and equipment for public safety, utility and transportation markets — with products ranging from the most advanced IP voice and data networks to portable and mobile single- and multiband radios.

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. 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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