Harris Corporation Awarded $500 Million IDIQ Contract to Improve Data Search Capability for National Geospatial Intelligence Agency

Highlights:

Enables more efficient and effective content search and retrieval

Furthers legacy of Harris-NGA collaboration on geospatial technology solutions

Includes NGA and other intelligence-community data sources

Harris Corporation (NYSE:HRS) has been awarded a five-year, $500 million ceiling, single-award IDIQ contract from the National Geospatial-Intelligence Agency (NGA) to develop software that will enable NGA analysts and customers to search and retrieve data from intelligence systems faster and more efficiently than ever before. The contract was received during the third quarter of Harris fiscal 2017.

The software will process content held within the NGA, the National System for Geospatial-Intelligence and other intelligence-community agencies. It will allow intelligence officials to provide more timely and accurate support to warfighters and the national security community.

Harris has partnered with the NGA for almost 20 years to provide automated geospatial data processing, content data management and geospatial systems design and development. Harris currently provides high resolution geospatial data content and products under NGA's Foundation GEOINT Content Management (FGCM) program.

About Harris Corporation

Harris Corporation is a leading technology innovator, solving customers' toughest mission-critical challenges by providing solutions that connect, inform and protect. Harris supports government and commercial customers in more than 100 countries and has approximately $6 billion in annual revenue. The company is organized into three business segments: Communication Systems, Space and Intelligence Systems and Electronic Systems. Learn more at harris.com.

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 and about software capabilities 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.

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LINK:	https://www.harris.com/press-releases/2017/06/harris-corporation-award...
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