Harris gets potential USD133m contract from US Navy

Harris Corp. (NYSE: HRS) said it has been awarded an eight-year contract from the US Navy valued at up to USD133m to provide shipboard terminals that give crews access to high-bandwidth voice and data communications.

Under the agreement, Harris will provide up to 120 terminals in addition to the 70 terminals already delivered since 2008 under the indefinite delivery/indefinite quantity Commercial Broadband Satellite Program (CBSP) Unit Level Variant (ULV) contract. The new award brings the total potential value of CBSP ULV and Force Level Variant contract awards to Harris to more than USD250m through 2022.

The program provides worldwide, commercial, end-to-end telecommunications services to the Navy.

Harris is an international communications and information technology company serving government and commercial markets in more than 125 countries. Headquartered in Melbourne, Florida, the company has approximately USD5bn of annual revenue and about 14,000 employees. Its website is at harris.com.

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