
Highlights:
Harris one of only ten companies selected to compete for contract task orders
Harris is the only systems integrator selected for the contract
Federal agencies to obtain network services similar to those Harris provides to FAA
The U.S. General Services Administration (GSA) has selected Harris Corporation (NYSE:HRS) for the 15-year, $50 billion ceiling, multiple-award Enterprise Infrastructure Solutions (EIS) IDIQ contract. The contract, awarded during the first quarter of Harris' fiscal 2018, has a 5-year base period with two five-year options.
Under the contract, Harris and nine other companies have the opportunity to compete for task orders to provide federal agencies with a wide range of information technology, telecommunication and infrastructure services, as well as dedicated customer care services such as network and security operations centers. Harris will begin competing for task orders as federal agencies transition from GSA's existing Networx contract, which expires in March 2020.
EIS enables federal agencies to provision network services similar to those Harris already provides through its Federal Aviation Administration (FAA) Telecommunications Infrastructure (FTI) and MyFloridaNet2 programs. EIS can leverage the flexible architecture of the Harris Trusted Enterprise Network (HTEN) and the nationwide presence of the team's telecommunications companies, including Sprint, Cox Business and other industry leading service providers such as Palo Alto Networks, CWPS and Indatel.
Harris is a recognized leader in technology and the operation and maintenance of mission critical networks such as FTI, where network security and availability are paramount in supporting the National Airspace System, said Ed Zoiss, president, Harris Electronic Systems. This unique blend of systems integration expertise, and the pervasiveness of our best-in-class telecom teammates, will provide cost savings to agencies and vastly improve network security, availability, reliability, scalability, and the overall performance of their telecommunications network.
HTEN features a flexible architecture that will support large-scale migrations to a more modern network infrastructure that incorporates IT service offerings as needed, which provides for more affordable technology refresh over the life of the program. This proven legacy in large network migrations ensures continuity and transparency of network services.
About Harris Corporation
Harris Corporation is a leading technology innovator, solving customers' toughest mission-critical challenges by providing solutions that connect, inform and protect. Harris supports government and commercial customers in more than 100 countries and has approximately $6 billion in annual revenue. The company is organized into three business segments: Communication Systems, Electronic Systems and Space and Intelligence Systems. Learn more at harris.com.
Forward-Looking Statements
This press release contains forward-looking statements that reflect managements 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 value or expected value of orders, contracts or programs are forward-looking and involve risk 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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