The United States Marine Corps has awarded Harris Corporation (NYSE:HRS) a contract to replace its existing radio systems throughout Eastern Region U.S. Marine Corps bases and other locations.
Harris received an initial $6 million order in the third quarter of the company’s fiscal year 2013 to design and deploy radio systems at four bases in North Carolina and Georgia. The full contract has a potential value of more than $16 million and includes system design and deployment, equipment, managed services, maintenance and other options.
The new Harris system will leverage the latest standards-based digital technology and allow first responders to communicate and coordinate efforts more easily with neighboring civilian agencies than the existing analog-based solution. The new radio system is based upon Project 25 technology standards and Harris’ VIDA ® network, which delivers powerful network management tools using a modern IP (Internet Protocol) architecture.
In public safety and professional communications Harris is a leading supplier of assured communications® systems and equipment for public safety, federal, utility, commercial and transportation markets — with products ranging from the most advanced IP voice and data networks, to next-generation, secure public safety-grade LTE (Long-Term Evolution) solutions for voice, video and data applications, to industry leading multiband, multimode radios. Harris has more than 80 years of experience in public safety and professional communications and supports over 500 systems around the world.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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