US Marine Corps Awards Harris Corporation $75 Million Order to Provide MUOS SATCOM Upgrade for Tactical Radios

Highlights:

Upgrades AN/PRC-117G software to include MUOS capabilities

Supports Marines' increasing demand for more capable satellite communications

Leverages currently fielded radios to provide an affordable option for increased capability

The U.S. Marine Corps (USMC) has awarded Harris Corporation (NYSE:HRS) a $75 million order to provide MUOS (Mobile User Objective System) narrowband satellite communication upgrades to the service's Falcon III AN/PRC-117G manpack radio fleet. The order is part of the Navy Portable Radio Program five-year IDIQ contract received in 2017.

Harris has continued to invest in the development and deployment of MUOS and other advanced waveforms to add capability to the widely deployed AN/PRC-117G family of radios, as well as its next generation of tactical radios.

As a software defined radio, the AN/PRC-117G was developed to be easily upgradable with new waveforms such as MUOS, enabling customers to increase capabilities economically.

The MUOS software upgrade will allow Marines to access the new, advanced MUOS satellite constellation that provides next-generation satellite communications, enabling them to talk and more easily share data anywhere in the world.

The AN/PRC-117G MUOS software upgrade will also provide the Marines with a greater number of SATCOM users, enhanced voice and data communication, and robustness in disadvantaged environments where they operate, such as urban and high/low latitude locations.

This well-earned order for Harris Corp. to upgrade the Marine Corps' radios will boost the Rochester-Finger Lakes economy, in addition to ensuring that our Marines have the most modern and effective radios possible. Harris has proven countless times over that it produces superior technology for the U.S. military, and this order further confirms it, said Senator Chuck Schumer. I was proud to secure funding for these MUOS upgrades in the 2019 Defense Appropriations bill to give Harris a chance to compete for this order, and will always fight for investments that both protect our troops and provide a shot in the arm to the Rochester-Finger Lakes economy.

Adding this capability to the 117G will enable the Marines to leverage the proven radios they have already deployed, fought and trained with to access the advanced capabilities and capacity of the MUOS satellites with a simple software upgrade, said Dana Mehnert, president, Harris Communication Systems. The MUOS upgrade also will enable interoperability with other U.S. DOD and allied users who deploy this advanced capability in the future.

In addition to the MUOS upgrades, Harris will deliver ancillary devices for the AN/PRC-117G radios currently fielded by the USMC. These include antennas, which enable the Harris radios to support SATCOM-on-the-move while connected to the MUOS satellites.

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, Electronic Systems and Space and Intelligence 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 technology capabilities 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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LINK:	https://www.harris.com/press-releases/2019/01/us-marine-corps-awards-h...
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