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US Army Awards Harris Corporation HMS Manpack Radio Multi-Award IDIQ Contract with $.7 Billion Ceiling

29/02/2016

US Army Awards Harris Corporation HMS Manpack Radio Multi-Award IDIQ Contract with $12.7 Billion Ceiling Highlights:

U.S. Army expects to acquire approximately 65,000 radios

Radios to provide more warfighting capabilities than previous generations of tactical radios

Radios meet or exceed Army requirements in mounted and dismounted configurations

ROCHESTER, N.Y., Feb. 29, 2016 Harris Corporation (NYSE:HRS) was one of three awardees of a multi-award IDIQ contract to supply HMS Manpack radios to the U.S. Army. The IDIQ contract consists of a five-year base and an additional five-year option and has a ceiling of $12.7 billion. The Army expects full rate production to begin in the fourth quarter of Harris fiscal 2017 and to acquire approximately 65,000 HMS Manpack radios under the IDIQs. The U.S. Army selected the Harris AN/PRC-158 multichannel radio for both dismounted and mounted manpack configurations. The Harris HMS Manpack radio features a two-channel architecture and integrated cross-banding. It includes SRW, SINCGARS and MUOS SATCOM waveforms while maintaining backward interoperability with legacy waveforms. The HMS (Handheld, Manpack & Small Form-Fit) Manpack forms the core of the U.S. Armys tactical communications architecture, providing an advanced communications infrastructure from the dismounted soldier to the Tactical Operations Center. The selection follows the U.S. governments decision to open the HMS Manpack competition to technically compliant, commercially developed radios, and further solidifies the U.S. Armys commitment to bring future capabilities to the warfighter. The HMS Manpack award is a major step forward for the U.S. Armys tactical radio modernization program, and brings essential battlefield networking and communications capabilities to the warfighter, said Brendan OConnell, president, Tactical Communications, Harris Communication Systems. The award also allows Harris to now compete at all echelons of the Army tactical communications architecture from dismounted handheld radios through vehicular-based radio platforms. Harris Corporation is the leading global supplier of secure radio communications, tactical communication networks and embedded high-grade encryption solutions for military, public safety, government and commercial customers. Harris creates a networked battlefield environment using SDR technologies in all form factors handheld, manpack and vehicular configurations giving customers unprecedented situational awareness capabilities, including streaming video to the tactical edge of the battlefield. 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. # # # Contact Information: Tim White

Harris Communication Systems

tim.white@harris.com

260-451-7145 Jim Burke

Harris Corporation

jim.burke@harris.com

321-727-9131 # # # Forward-Looking Statements

This press release contains forward-looking statements that reflect managements 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, expected timing of full rate production and expected number of radios to be acquired 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.
LINK: http://harris.com/view_pressrelease.asp?act=lookup&pr_id=4510...
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