DLA Increases Harris Tactical Radio IDIQ Contract Ceiling by $100 M

Harris Corporation (NYSE:HRS) has received from the Defense Logistics Agency a $100 million increase in the ceiling value of its 2011 single-source IDIQ contract from $85 million to $185 million, with an August 2016 completion date.

The ceiling increase provides the U.S. Army and federal civilian agencies with greater flexibility in acquiring spare parts for a wide range of Harris Falcon ® handheld, manpack and vehicular tactical radios.

"The increased ceiling expands our ability to support the mission-critical needs of our customers,” said Chris Young, president, Harris Communication Systems. "We continue to provide world-class customer support for the Army and throughout the Department of Defense.”

Source: Harris Corporation (NYSE: HRS)
Date: Sep 15, 2015