Harris Gets Army Contract

The one-year deal is worth $10 million.
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Communications-equipment maker

Harris

(HRS)

said it has received a preliminary design contract for the secure wireless transmission system architecture of the U.S. Army's warfighter information network-tactical program. The value of the one-year contract is $10 million.

Value of the transmission system contract for Harris could reach $1 billion through 2021 if all production options are exercised, the Melbourne, Fla.-based company said.

The company also said it is a member of the general dynamics warfighter information network-tactical team, which also includes Lockheed Martin and BAE Systems.

Warfighter information network-tactical is the next generation of military tactical communications systems, featuring an integrated framework of standards and protocols that will optimize military battlefield communications, the company said.

On Monday, Harris rose 45 cents to $41.93.

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