MELBOURNE, Fla.--(BUSINESS WIRE)--Harris Corporation (NYSE:HRS) has received $45 million in delivery orders for advanced satellite communications terminals under the U.S. Army's Modernization of Enterprise Terminals (MET) program. The next-generation military satellite communications terminals will provide the worldwide backbone for high-priority military communications and missile defense systems.
MET represents the state-of-the-art in strategic, multiband terminals, which will provide communications reach-back capability to decision makers in the U.S. for military personnel deployed worldwide
Harris is the prime contractor for the MET IDIQ contract, which was awarded in 2009 and has a ceiling value of $800 million. This includes a five-year base period and a five-year option period for production, as well as installation, depot and engineering services to support fielding of the terminals. The latest order brings the total MET orders Harris has been awarded to approximately $450 million.
Under this latest order, Harris will supply additional terminals, including large fixed X-/Ka-band terminals and small fixed X-/Ka-band terminals. The order also includes common electronics equipment, spares and engineering services to support the installation and test of the terminals and operator training.
MET represents the state-of-the-art in strategic, multiband terminals, which will provide communications reach-back capability to decision makers in the U.S. for military personnel deployed worldwide, said Ed Zoiss, president, Electronic Systems, Harris Corporation. "The MET terminal provides the warfighter with high performance, cost effective solutions for their military satellite communications needs.
Under the MET program, managed by the Project Manager, Defense Communications and Army Transmission Systems, Harris is replacing up to 80 AN/GSC-52, AN/GSC-39, AN/FSC-78 and other aging strategic satellite communications terminals with new X-band or simultaneous X-/Ka-band terminals. Harris also is supporting field activities such as site preparation, installation and testing.
Multiple installations are in progress around the world with several complete and transitioned to their respective operations commands. The terminals will interface with the new Wideband Global Satellite constellation, as well as with legacy satellite systems.
About Harris Corporation
Harris provides advanced, technology-based solutions that solve government and commercial customers mission-critical challenges. The company has approximately $8 billion in annual revenue and about 23,000 employees including 9,000 engineers and scientists supporting customers in more than 125 countries. Learn more at harris.com.
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.
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