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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Harris Corp. | NYSE:HRS | NYSE | Ordinary Share |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 189.13 | 0.00 | 01:00:00 |
Highlights:
Harris Corporation (NYSE:HRS) has received contracts valued at a total of $90 million from a European nation for tactical radios as part of the country’s communications readiness program. The contracts were received during the third quarter of Harris’ fiscal 2017.
The contracts include the company’s Falcon II® AN/PRC-150C, which provides beyond line-of-sight communications and assured communications in a satellite-denied environment, and the Falcon III® AN/PRC-152A that provides wideband voice and data capability for enhanced situational awareness. The combination of the two radio systems will increase readiness and allow for full interoperability with U.S., NATO and coalition forces.
“Harris is committed to supporting this nation’s readiness effort with solutions that deliver expanded and reliable communications for the modern battlefield,” said Chris Young, president, Harris Communication Systems.
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 management's 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 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170509005144/en/
Harris Communication SystemsTim White, 765-469-1902tim.white@harris.comorHarris CorporationJim Burke, 321-727-9131jim.burke@harris.com
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