U.S. Special Operations Command Awards Harris Corporation $390 Million IDIQ Contract for New Two-Channel Handheld Tactical Radio

Harris Corporation (NYSE:HRS) has been awarded a single-source IDIQ contract with a ceiling value of $390 million to supply a new specialized handheld tactical radio to U.S. Special Operations Forces (SOF). The IDIQ contract consists of a five-year base and an additional one-year option.

Under the SOF Tactical Communications (STC) program, Harris will provide its new integrated two-channel, handheld radio that combines communications and intelligence, surveillance and reconnaissance (ISR) capabilities to address the SOF’s unique mission needs. The Harris STC handheld radio can operate in the harshest environments and meets rigorous requirements for small, lightweight, multiband, multifunction, multi-mission tactical radios. It can be upgraded easily and has built-in backward interoperability to communicate over legacy networks.

The Harris STC handheld radio enables SOF teams to communicate over multiple channels simultaneously with an integrated Selective Availability Anti-Spoofing Module (SAASM) Global Positioning System (GPS) receiver, and the ability to receive ISR full motion video and signals based threat information. The STC leverages Harris’ extensive experience and innovative technology from its highly successful Falcon III tactical radio family - including the AN/PRC-117G and AN/PRC-158 manpack radios.

“The Harris STC handheld is a highly advanced, multiband radio capable of reaching virtually anyone, anywhere, regardless of waveform or device,” said Chris Young, president, Harris Communication Systems. “The STC is the result of our continued investment and commitment to advancing tactical radio communications for our warfighters. It is a purpose-built radio with tremendous power and capability in a very small package.”

About Harris Corporation

Harris provides advanced, technology-based solutions that solve government and commercial customers’ mission critical challenges. The company has approximately $8 billion in annualized revenue and more than 22,000 employees - including 9,000 engineers and scientists - supporting customers in more than 125 countries. Learn more at 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.

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