Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. User Boards ›
  4. The Hunt for the Next 10 Bagger Message Board

HRS $46.33 Harris Corporation Awarded $397 Million

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 102808
Posted On: 10/22/2012 9:22:19 AM
Avatar
Posted By: ruliquid

HRS $46.33 Harris Corporation Awarded $397 Million Contract to Provide U.S. Department of Defense with Falcon III Handheld Radios




Harris Corporation (NYSE:HRS), an international communications and information technology company, has been awarded an Indefinite Delivery, Indefinite Quantity (IDIQ) contract with a potential value of $397 million to continue providing Falcon III® handheld tactical radio systems to the U.S. Department of Defense (DoD).


The two-year contract, awarded by Space and Naval Warfare Systems Command on behalf of the U.S. DoD, enables U.S. forces to acquire radios from the Falcon III AN/PRC-152 handheld radio family, along with accessories and training. The contract includes two additional 1-year options that if exercised could increase the potential value to $712 million.


Harris is one of two suppliers to receive new contracts in connection with the Consolidated Single-Channel Handheld Radio (CSCHR) program. Harris has provided the U.S. military with more than 100,000 AN/PRC-152 radios under the CSCHR program since 2007.


“The new CSCHR contract provides the government with important new flexibility in meeting the emerging needs of warfighters for tactical communications,’’ said George Helm, president, Department of Defense business, Harris RF Communications. “The contract gives the government the option to make awards using ‘best-value’ contract criteria to deliver added capability to warfighters as technology allows. We applaud the joint program office for taking this step to encourage innovation, which will drive greater competition in tactical radios.’’


The Falcon III family of radios was developed by Harris using its own research and development funds.


Harris RF Communications is the leading global supplier of secure radio communications and embedded high-grade encryption solutions for military, government and commercial organizations. The company's Falcon® family of software-defined tactical radio systems encompasses manpack, handheld and vehicular applications. Falcon III is the next generation of radios supporting network-centric operations worldwide. Harris RF Communications is also a leading supplier of assured communications® systems and equipment for public safety, utility and transportation markets — with products ranging from the most advanced IP voice and data networks to portable and mobile single- and multiband radios.


About Harris Corporation


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 $5.5 billion of annual revenue and about 15,000 employees — including 6,000 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 harris.com.




(0)
(0)








Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us