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Harris Corporation Awarded $64 Million Continuation Contract for U.S. Air Force Satellite Control Network ProgramWASHINGTON, Oct 28, 2010 /PRNewswire via COMTEX/ -- Highlights: Harris will continue to deliver superior IT operations and maintenance services to the NSOM program. This award demonstrates Harris' core capabilities in mission-critical IT operations and maintenance support. This third option was awarded based on the Harris team's strong past performance on the program. Harris Corporation (NYSE: HRS), an international communications and information technology company, has been awarded the third option year of its Network and Space Operations and Maintenance (NSOM) program by the U.S. Air Force, valued at $64 million. Under this option, Harris will continue to provide operations and maintenance support to the 50th Space Wing's Air Force Satellite Control Network (AFSCN) at locations around the world. The initial contract for the NSOM program was awarded in January of 2008 and contained a six-month base contract and six one-year options for a total potential value of $416 million. This latest one-year option brings the overall value of the program to date to $218 million for Harris. "Harris is proud to be a trusted partner for the U.S. Air Force on this mission," said John Heller, president of Harris IT Services. "The award of this option demonstrates our continued success delivering superior support to the 50th Space Wing for this critical network." The AFSCN, based on Schriever Air Force Base near Colorado Springs, is responsible for the launch, operation, control, and maintenance of space programs managed by the U.S. Department of Defense (DoD) and other national security space organizations. Specifically, the AFSCN oversees satellite control centers, worldwide tracking stations, and test facilities that maintain frequent communications with a variety of satellite constellations to ensure smooth operations while in orbit, as well as enable readiness simulation, launch, and early orbit support. The Harris-led NSOM team is comprised of Lockheed Martin Information Technology, Faith Enterprises Incorporated, ASRC Aerospace, Arctic Slope World Services, Avaya Government Solutions, and Gunther Douglas. Harris IT Services is a leading provider of end-to-end solutions in mission-critical IT transformation, managed solutions, and information assurance. With over 3,000 professionals performing to the highest industry standards at locations worldwide, Harris IT Services offers demonstrated past performance, proven technical expertise, and innovative solutions in supporting large-scale IT programs that encompass the full technology lifecycle. The organization's distributed workforce, present in all 50 states, and extensive experience in performance-based contracting and managed IT services, combine to deliver exceptional results to our defense, intelligence, homeland security, civil, and commercial customers. About Harris Corporation Harris is an international communications and information technology company serving government and commercial markets worldwide. Headquartered in Melbourne, Florida, the company has approximately $5 billion of annual revenue and more than 16,000 employees -- including nearly 7,000 engineers and scientists. Harris is dedicated to developing best-in-class assured communications(R) products, systems, and services. Additional information about Harris Corporation is available at www.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. SOURCE Harris Corporation |