The U.S. Army has awarded Harris Corporation (NYSE:HRS) a five-year, $800 million ceiling, multi-award IDIQ contract to provide expeditionary warfare products and services to the Army Research Lab (ARL). The ARL develops and supports advanced technology to enable government agencies to counteract and defeat threats. The contract was awarded during the first quarter of Harris' fiscal 2016.
Harris received the award under the Advanced Expeditionary Warfare Development (AEWD) contract vehicle, which provides research and advanced technology and systems for demonstration, validation and operations in expeditionary and Special Forces operations. Expeditionary warfare involves the rapid deployment of military forces to respond to specific threats or carry out complex military operations, such as amphibious landings or Special Forces infiltrations.
"The contract will provide the kind of mobility and situational awareness our forces need to combat the ever-changing threat environment we face around the world," said Carl D'Alessandro, president, Harris Critical Networks. "We have a strong record supporting these initiatives and look forward to continuing our productive relationship on AEWD."
Source: Harris Corporation (NYSE: HRS)
Date: Dec 7, 2015