Harris Corporation (HRS) Announces $51.5M Contract Under U.S. Army's Modernization of Enterprise Terminals program
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Harris Corporation (NYSE: HRS) has received a $51.5 million delivery order for advanced satellite terminals under the U.S. Army's Modernization of Enterprise Terminals program.
Harris is the prime contractor for the Indefinite Delivery/Indefinite Quantity MET contract with a five-year base period plus a five-year option period. The MET contract is valued at a potential $600 million, including the base and option periods. This brings total MET orders for Harris to more than $212 million since the program was awarded in April 2009.
Under this new order, Harris will supply additional terminals, including large fixed X-/Ka-band terminals, and transportable X-/Ka-band terminals. The order also includes equipment racks, spares to support the fielding of the terminals and operator training.
Harris is the prime contractor for the Indefinite Delivery/Indefinite Quantity MET contract with a five-year base period plus a five-year option period. The MET contract is valued at a potential $600 million, including the base and option periods. This brings total MET orders for Harris to more than $212 million since the program was awarded in April 2009.
Under this new order, Harris will supply additional terminals, including large fixed X-/Ka-band terminals, and transportable X-/Ka-band terminals. The order also includes equipment racks, spares to support the fielding of the terminals and operator training.
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