L3Harris Awarded $6 Billion IDIQ Contract to Replace Legacy SINCGARS Radios to US Army

ROCHESTER, N.Y. - L3Harris Technologies (NYSE:LHX) was one of two vendors awarded a $6 billion-ceiling IDIQ contract to deliver advanced tactical radios under the U.S. Army's Combat Net Radio (CNR) modernization program. The contract includes a five-year base and an additional five-year option. L3Harris received an initial delivery order of $20 million.

L3Harris is the incumbent supplier of the Single Channel Ground and Airborne Radio System (SINCGARS) radio, currently used by U.S. and allied military forces, having delivered more than 300,000 to the Department of Defense (DoD) since the 1980s. L3Harris will provide a modern SINCGARS radio delivering advanced NSA-approved encryption and resilient waveform communications for the Integrated Tactical Network (ITN).

The Combat Net Radio will replace a significant portion of the Army's legacy SINCGARS radios. The CNR solution increases warfighter effectiveness by enabling communications in all environments while enhancing combat weapon systems throughout the Army's portfolio.

The Software Defined Radios (SDR) also support the Army's unified network strategy that will enable future waveform enhancements as new technology emerges.

Upgrading to a modern voice and data SINCGARS Combat Net Radio capability will be seamless with our drop-in replacement for currently fielded dismount systems, vehicular platforms, air defense and artillery systems. With our next-generation radio, soldiers can leverage existing training, installation kits and system integration - with zero down time - to get improved mission readiness, said Dana Mehnert, President, Communication Systems, L3Harris. We are honored to provide the U.S. Army's ITN with a critical communications capability well into the future.

About L3Harris Technologies

L3Harris Technologies is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers' mission-critical needs. The company provides advanced defense and commercial technologies across space, air, land, sea and cyber domains. L3Harris has more than $17 billion in annual revenue and 47,000 employees, with customers in more than 100 countries. L3Harris.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 are forward-looking and involve risks and uncertainties. L3Harris 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.l3harris.com/newsroom/press-release/2022/04/l3harris-award...
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