Harris Corporation Receives Orders for 1,540 Two-Channel Handheld Radios from US Army

Highlights:

Includes radio sets, vehicular mounting kits and support services

AN/PRC-163 provides next-generation, two-channel capabilities in a handheld radio

Extends Harris' leadership in software-defined tactical communications

Harris Corporation (NYSE: HRS) has received orders for 1,540 AN/PRC-163 two-channel handheld radios and related equipment and services as part of the U.S. Army's two-channel Leader radio IDIQ contract.

The versatile AN/PRC-163 enables users to send information up and down the chain of command as well as across the battlefield network backbone. It incorporates secure two-channel connectivity in a lightweight, easy to use, handheld rugged form factor. The radio can simultaneously transmit voice, data and situational awareness through Mobile Ad-Hoc Networking applications, VHF/UHF line-of-sight, and legacy SATCOM while offering a path to future software-only updates for MUOS, SATURN and other emerging waveforms.

The award further extends Harris' leadership in software-defined tactical communications and builds upon the company's proven ability to engineer and deliver two-channel, next-generation handheld, manpack and vehicular radios. Harris previously was awarded contracts by the U.S. Special Operations Command for next-generation handheld and manpack radios and was awarded a position on the Army's HMS Manpack IDIQ with its two-channel AN/PRC-158 manpack radio.

The AN/PRC-163 is the most advanced software-defined handheld radio in the world today and will provide our warfighters and commanders with unprecedented capabilities, including enhanced levels of command and control, and situational awareness, said Dana Mehnert, President, Harris Communication Systems. These two-channel Leader radio orders are an important milestone in the modernization of the Army's tactical network.

Harris Communication Systems is the leading global supplier of secure radio communications, tactical communications networks and embedded high-grade encryption solutions for military, public safety, municipalities, utilities and commercial customers. Harris creates a networked-battlefield environment using software-defined radio technologies in all form factors, including handheld, manpack and vehicular configurations.

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 and about system capabilities 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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LINK:	https://www.harris.com/press-releases/2018/09/harris-corporation-recei...
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