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Harris Corporation Receives $100 Million Order From Australian Department Of Defence For Falcon® Tactical Radios

Stocks in this article: HRS

Harris Corporation (NYSE:HRS), an international communications and information technology company, has received a $100 million follow-on order to provide multiband handheld and high-frequency manpack tactical radios to the Australian Department of Defence.

Harris will deliver the radios in the latest phase of the Joint Project 2072 modernization program. The Australian military forces are fielding and deploying additional Falcon III ® AN/PRC-152 handheld radios and vehicular adapters as well as Falcon II ® AN/PRC-150(C) high-frequency manpack radios.

"This order extends the longstanding relationship between Harris and the Commonwealth of Australia and demonstrates their continued trust in our tactical communications solutions,” said Brendan O’Connell, president, International Business, Harris RF Communications. “We deeply value our partnership with the Australian Department of Defence as it embarks on its long-term goal of creating a next-generation wideband tactical communications network.”

The Falcon III AN/PRC-152 is the first Joint Tactical Radio System (JTRS) software communications architecture-certified multiband, multimode handheld radio. The radio provides line-of-sight and beyond-line-of-sight communications capabilities.

The Falcon II AN/PRC-150(C) high-frequency manpack is the only military Type-1 HF radio available today, setting the standard for secure, reliable, long-range beyond-line-of-sight communications on the battlefield.

Harris is providing long-term support for the Australian military forces through its Asia-Pacific headquarters in Newstead, Brisbane and the Harris Communications Logistics Centre in Pinkeba, Queensland. The Logistics Centre provides service and support to test and integrate communication systems into various platforms.

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 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 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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