Harris Corporation Receives $10.7 Million Production Order for U.S. Navy Satellite Terminals with Broadband Capabilities
Terminals Will Help Enhance Shipboard Morale by Providing Faster Internet Connectivity
MELBOURNE, Fla., March 8 -- Harris Corporation (NYSE:HRS) has received a follow-on $10.7 million order from the U.S. Navy for 23 shipboard terminals that will provide personnel onboard frigates, access to the Internet, video and other high-speed, broadband services. These capabilities will help sailors stay better connected to their families and allow them to easily handle routine activities online.
The terminals are part of the potential $77 million Commercial Broadband Satellite Program (CBSP) Unit Level Variant (ULV) contract awarded to Harris in 2008. Awards-to-date under the five-year Indefinite Delivery/Indefinite Quantity contract total $28.2 million.
Through this follow-on order, Harris is supplying the Navy with 1.3-meter satellite communications terminals that offer both X- and Ku-band capabilities and support 10 times the bandwidth now accessible onboard Navy ships. The new terminals will enable the Navy to augment military satellite communications by supporting essential mission requirements and providing high-speed Internet access and video communications on Unit Level class ships.
Successful operational assessment of the shipboard satellite terminal in November 2009 moved the CBSP ULV program into this production phase. The CBSP program began as a Rapid Deployment Capability acquisition designed to reduce the time required to deliver critical/emerging warfighting capabilities.
"These SATCOM terminals will significantly enhance the Navy's ability to provide the latest advances in broadband communications services to shipboard personnel, and will play a key role in maintaining their high morale and well-being," said Allen Lindsay, vice president of Harris Defense Programs. "Provision of high-data-rate satellite communications equipment is a core competency of Harris. We are pleased to support the Navy with this innovative technology."
Harris Defense Programs develops, supplies and integrates communications and information processing products, systems and networks for a diverse base of aerospace, terrestrial and maritime applications supporting U.S. Department of Defense missions. Harris is committed to delivering leading-edge technologies that support the military's ongoing transformation to network-centric communications.
About Harris Corporation
Harris is an international communications and information technology company serving government and commercial markets in more than 150 countries. Headquartered in Melbourne, Florida, the company has approximately $5 billion of annual revenue and more than 15,000 employees -- including nearly 7,000 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 http://www.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. Other factors that may impact the company's results and forward-looking statement may be disclosed in the company's filings with the SEC. 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.
Source: Harris Corporation
CONTACT: Sleighton Meyer, Harris Government Communications Systems,
+1-321-727-6514, sleighton.meyer@harris.com, or Jim Burke of Harris
Corporation, +1-321-727-9131, jim.burke@harris.com, or Marc Raimondi of Harris
Corporation - Washington, D.C., +1-202-729-3732, marc.raimondi@harris.com