Harris Corporation Awarded $106 Million in US Air Force Space Programs Follow-on Contracts
By Business Wire News
By Business Wire News
Harris Corporation (NYSE:HRS) has been awarded $106 million in follow-on contract options to sustain ground-based systems that support the U.S. missile warning, missile defense and space surveillance missions.
Harris will continue to sustain ground-based systems that support six unique weapon systems in 12 locations under the Air Force Life Cycle Management Center’s System Engineering and Sustainment Integrator (SENSOR) contract. SENSOR was awarded in 2002 as a five-year base contract with up to 13 earned option years. This award represents the tenth option year.
Under the agreement, Harris provides all the support required – including depot-level maintenance, repairs and upgrades, contractor logistics support and more – to ensure the weapon systems are continually available and capable.
“These systems are critical to helping keep the U.S. and its allies safe,” said Bill Gattle, president, Harris Space and Intelligence Systems. “We are privileged to be entrusted to sustain these resources that protect our nation and aid our customer’s mission.”
About Harris Corporation
Harris Corporation is a leading technology innovator, solving our customers’ toughest mission-critical challenges by providing solutions that connect, inform and protect. Harris supports customers in more than 125 countries, has approximately $8 billion in annual revenue and 22,000 employees worldwide. The company is organized into four business segments: Communication Systems, Space and Intelligence Systems, Electronic Systems, and Critical Networks. Learn more at harris.com.
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 value or expected value of orders, contracts or programs are forward-looking and involve risk 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.