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Harris Corporation Awarded $65 Million Network Maintenance Contract By U.S. Air Force Space Command

Stocks in this article: HRS

Harris Corporation (NYSE:HRS), an international communications and information technology company, has been awarded a $65 million contract modification to provide worldwide satellite data and communications support to the U.S. Air Force’s Satellite Control Network (AFSCN) and Global Positioning System antenna sites. Harris received the modification to its current Network and Space Operations and Maintenance contract, which supports the U.S. Air Force Space Command's 50th Space Wing.

Under the contract, a team led by Harris will continue to support both inbound and outbound data and communications for more than 150 Department of Defense satellites, operating and maintaining the AFSCN’s antenna and ground system infrastructure at ten locations worldwide.

Located at Schriever Air Force Base, Colorado, the 50th Space Wing is responsible for the operation and support of Department of Defense satellites, as well as the worldwide AFSCN. The AFSCN provides readiness, launch, early orbit/on-orbit support, and anomaly resolution for a variety of satellite constellations.

“The 50th Space Wing plays a vital role in our nation’s defense by managing a complex system of satellites. This requires extraordinary technological knowledge and management skill,” said Wayne Lucernoni, president, Harris IT Services. “Harris helps ensure that communications and critical data are properly managed. This contract modification expands our support at a reduced cost to the Air Force and U.S. taxpayers.”

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 billion of annual revenue and about 14,000 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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