US Navy Awards Harris Corporation $54 Million IDIQ Electronic Warfare Contract

Highlights:

  • Provides rapid deployment electronic warfare payload to further Naval EW capabilities
  • Accelerates transition of ADAP payload as an upgrade to existing Nulka decoy
  • Reaffirms Harris’ position as a leading provider of EW technology and expertise to the Navy

MELBOURNE, Fla.--()--Harris Corporation (NYSE:HRS) has received a three-year, $54 million ceiling, single-award IDIQ contract from the U.S. Naval Research Laboratory to provide electronic warfare (EW) technology and engineering services for the Advanced Decoy Architecture Project (ADAP). The contract was awarded during the first quarter of Harris’ fiscal 2016.

Harris will provide ADAP payloads designed to lure missiles away from their intended targets with advanced electronic techniques. The ADAP payloads are an upgrade to the existing Nulka decoy, currently in service with the U.S. Navy, Coast Guard, Royal Australian Navy and Royal Canadian Navy. Harris also will provide research engineering services to help advance the Navy’s capabilities to meet current and future EW mission requirements.

“Programs like ADAP help ensure that the Navy’s tactical EW capabilities remain at the cutting edge as the threat landscape continues to evolve,” said Rich Sorelle, president, Harris Electronic Warfare Systems business unit. “By supporting the rapid deployment of this new capability, Harris continues to demonstrate its commitment to Navy EW and mission success in the electromagnetic spectrum.”

About Harris Corporation

Harris Corporation is a leading technology innovator, solving our customers’ toughest mission-critical challenges by providing solutions that connect, inform and protect. Harris supports customers in more than 125 countries, has approximately $8 billion in annual revenue and 22,000 employees worldwide. The company is organized into four business segments: Communication Systems, Space and Intelligence Systems, Electronic Systems, and Critical Networks. 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 expected value of the program to Harris 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.

Contacts

Harris Electronic Systems
Deb Green, 321-727-6780
dgreen20@harris.com
or
Harris Corporation
Jim Burke, 321-727-9131
jburke@harris.com

Contacts

Harris Electronic Systems
Deb Green, 321-727-6780
dgreen20@harris.com
or
Harris Corporation
Jim Burke, 321-727-9131
jburke@harris.com