US Army Awards Harris Corporation $800 Million Expeditionary Warfare IDIQ Contract

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."

About Harris Corporation
Harris Corporation is a leading technology innovator, solving our customers’ toughest mission-critical challenges by providing solutions that connect, inform and protect. Harris supports customers in more than 125 countries, has approximately $8 billion in annual revenue and 22,000 employees worldwide. The company is organized into four business segments: Communication Systems, Space and Intelligence Systems, Electronic Systems, and Critical Networks. 

Innovation has been the cornerstone of Harris’ success since its founding more than 125 years ago – and it remains the driving force behind everything we do. From its printing-press roots, Harris has transformed itself into a leading technology innovator, solving customers’ toughest mission-critical challenges by providing solutions that connect, inform and protect. The company today provides a wide range of differentiated technologies to support government and commercial customers in more than 100 countries, and has more than $6 billion in annual revenue.

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