Harris Corp (HRS) Receives $712M IDIQ Contract from U.S. DoD for Falcon III Systems
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Harris Corporation (NYSE: HRS) 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 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.
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