US Air Force Awards Harris Corporation $130 Million IDIQ Contract to Significantly Extend Warfighter's Communications Network

Highlights:

Company to provide handheld video data link radio that connects air and ground assets

Solution extends Harris' ground-based communications expertise into adjacent airborne markets

Replaces incumbent and expands Harris' 70-year partnership supporting U.S. Air Force mission

The U.S. Air Force has awarded Harris Corporation (NYSE:HRS) a five-year, $130 million ceiling, single-award IDIQ contract to develop and deliver Hand Held Video Data Link (HH-VDL) radios that will significantly increase situational awareness and connectivity for warfighters.

The new Harris HH VDL radio will securely deliver data to and from multiple airborne assets - creating an expanded, mobile communications network. This enables real-time intelligence, surveillance and reconnaissance (ISR) information - such as full-motion video - to be distributed from the air to warfighters on the ground.

HH VDL radios will replace existing incumbent ground ISR terminals operating at the tactical edge of the battlespace, providing increased capability in a more mobile solution. The radios will leverage next-generation, proven Harris technology via Bandwidth Efficient Common Data Link (BE CDL) - a communications waveform that enables secure, real-time distribution of time-critical data and full-motion video. Additionally, the HH VDL radio will be fully Cryptographic Modernization Initiative (CMI) compliant.

This award reaffirms our commitment to tactical ISR and extends our networked handheld portfolio and waveform offerings, said Chris Young, president, Harris Communication Systems. The ability to securely link air and ground assets with full-motion video and data provides an augmented site picture for commanders, and increases situational awareness for dismounted warfighters across the battlespace.

Harris has been a mission partner with the U.S. Air Force for 70 years - from inception of the Minuteman program to electronic warfare for the first B-52s and electronics for today's F-35 fighter. The company is committed to ensuring the Air Force's success in operations across any domain through the integration of air, space and cyber assets.

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/2018/05/us-air-force-awards-harr...
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