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TheStreet Open House

Harris Corporation Receives $21 Million In Orders From NATO Country For Falcon® Multiband Tactical Radios

Harris Corporation (NYSE:HRS), an international communications and information technology company, has received $21 million in orders from a NATO country for Falcon ® multiband tactical radios. The orders were received during the second quarter of fiscal 2014.

The nation is acquiring Falcon III ® AN/PRC-117G manpack and AN/PRC-152A handheld radios that will provide special forces and Army soldiers with wideband networking capabilities, as well line-of-sight, ground-to-air and tactical satellite voice and data communications.

“Harris radios provide leading-edge capabilities in wireless tactical communications for unprecedented situational awareness on the battlefield,’’ said Brendan O’Connell, president, International Business, Harris RF Communications. “Falcon III enables high-bandwidth applications such as streaming video, simultaneous voice and data feeds, collaborative chat, connectivity to secure networks and interoperable combat net radio.’’

Falcon III is the world's most widely fielded family of next-generation tactical radios. Harris has shipped more than 45,000 of these radios to the U.S. Department of Defense as well as allied forces in more than 15 nations.

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 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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