The U.S. Army has increased the ceiling value of a Harris Corporation (NYSE:HRS) Indefinite Delivery, Indefinite Quantity (IDIQ) tactical communications contract by $847 million. The initial contract was awarded in 2011.
The increase enables the U.S. government to continue to acquire mission-critical Harris tactical radio solutions to assist international partners of the Departments of State and Defense. The contract is part of the Foreign Military Sales program, which supports coalition building and interoperability through sales of defense equipment, training and services.
The contract includes the entire Harris Falcon® family of tactical radio solutions and accessories, including the combat-proven AN/PRC-117G and RF-7800M wideband manpack, AN/PRC-152A wideband handheld and RF-7800S soldier personal radios.
Source: Harris Corporation (NYSE: HRS)
Date: Oct 22, 2013