Harris Corporation (NYSE:HRS) has been awarded a potential $770 million in indefinite delivery/requirements contracts for up to five years to provide geospatial data services for the National Geospatial-Intelligence Agency. Under Foundation GEOINT Content Management (FGCM) contracts, Harris will create high-quality data and products of the Pacific, North America, South America, and Africa regions of the world for use by the U.S. intelligence community and military. FGCM will contribute to and maintain a comprehensive, geospatially accurate map of the world that can be accessed quickly as intelligence, operational, and crisis needs arise. Harris will utilize its One Feature One Time database, which automatically eliminates data redundancy and stores the most current representation of each geospatial feature. This capability ensures data currency and significantly reduces the time required for processing and delivery of products compared with traditional methods. “Our unique solution provides improved accuracy, reduced production costs and significantly faster turn-around of geospatial products and content,” said Bill Gattle, vice president and general manager, National Programs, Harris Government Communications Systems. “This major win continues our legacy of providing high quality, responsive geospatial products to the intelligence and military communities.” 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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