Contract's Anticipated Value is $600 Million Over 10 YearsDefense News ~ MELBOURNE, Fla., Jan. 13 /PRNewswire-FirstCall/ -- Harris Corporation (NYSE: HRS), has successfully completed the Preliminary Implementation Review for the U.S. Army's Modernization of Enterprise Terminals (MET) program -- next-generation military satellite communications terminals that will provide the worldwide backbone for high-priority military communications and missile defense systems. Completion of the review enables the project to move into the important design phase.
In partnership with the Project Manager, Defense Communications and Army Transmission Systems (PM DCATS or "Team DCATS"), Harris conducted an intensive review of all aspects of the preliminary design and life cycle support. DCATS is an organization under the Program Executive Office for Enterprise Information Systems, which is focused on enterprise-wide network solutions that help to ensure information dominance for the Army.
"This is an important milestone for the MET program, as it establishes a common understanding of the system architecture and ensures that all technical, program and supportability requirements have been properly allocated and accounted for," said Wes Covell, president of Harris Defense Programs. "Completion of the review successfully concludes the preliminary design phase of the MET program and enables Harris and Team DCATS to move forward jointly into the critical design phase."
As prime contractor for the Indefinite Delivery/Indefinite Quantity (IDIQ) contract, Harris will develop, test and certify four unique terminal configurations during a 30-month, First Article Test phase. In addition, Harris will provide production hardware under the five-year base contract, with five additional option years, and will support field activities such as site preparation, installation, test, operations, and maintenance.
Harris Defense Programs develops, supplies, and integrates communications and information processing products, systems, and networks for a diverse base of aerospace, terrestrial and maritime applications supporting U.S. Department of Defense missions. Harris is committed to delivering leading-edge technologies that support the military's ongoing transformation to network-centric communications.
About Harris Corporation
Harris is an international communications and information technology company serving government and commercial markets in more than 150 countries. Headquartered in Melbourne, Florida, the company has approximately $5 billion of annual revenue and more than 15,000 employees — including nearly 7,000 engineers and scientists. Harris is dedicated to developing best-in-class assured communications® products, systems, and services. Additional information about Harris Corporation is available at www.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. Other factors that may impact the company's results and forward-looking statement may be disclosed in the company's filings with the SEC. 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.
In partnership with the Project Manager, Defense Communications and Army Transmission Systems (PM DCATS or "Team DCATS"), Harris conducted an intensive review of all aspects of the preliminary design and life cycle support. DCATS is an organization under the Program Executive Office for Enterprise Information Systems, which is focused on enterprise-wide network solutions that help to ensure information dominance for the Army.
"This is an important milestone for the MET program, as it establishes a common understanding of the system architecture and ensures that all technical, program and supportability requirements have been properly allocated and accounted for," said Wes Covell, president of Harris Defense Programs. "Completion of the review successfully concludes the preliminary design phase of the MET program and enables Harris and Team DCATS to move forward jointly into the critical design phase."
As prime contractor for the Indefinite Delivery/Indefinite Quantity (IDIQ) contract, Harris will develop, test and certify four unique terminal configurations during a 30-month, First Article Test phase. In addition, Harris will provide production hardware under the five-year base contract, with five additional option years, and will support field activities such as site preparation, installation, test, operations, and maintenance.
Harris Defense Programs develops, supplies, and integrates communications and information processing products, systems, and networks for a diverse base of aerospace, terrestrial and maritime applications supporting U.S. Department of Defense missions. Harris is committed to delivering leading-edge technologies that support the military's ongoing transformation to network-centric communications.
About Harris Corporation
Harris is an international communications and information technology company serving government and commercial markets in more than 150 countries. Headquartered in Melbourne, Florida, the company has approximately $5 billion of annual revenue and more than 15,000 employees — including nearly 7,000 engineers and scientists. Harris is dedicated to developing best-in-class assured communications® products, systems, and services. Additional information about Harris Corporation is available at www.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. Other factors that may impact the company's results and forward-looking statement may be disclosed in the company's filings with the SEC. 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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