FAA Awards Harris Corporation $26 Million Maintenance and Support Follow-On to Weather and Radar Processor Program Contract.Business Editors/High-Tech Writers MELBOURNE, Fla.--(BUSINESS WIRE)--March 7, 2002 Harris Corporation (NYSE NYSE See: New York Stock Exchange :HRS), a world leader in weather data processing and display systems for aviation and military applications, announced today that it was awarded a $26 million addition to its Weather and Radar Processor (WARP) contract by the Federal Aviation Administration Federal Aviation Administration (FAA), component of the U.S. Department of Transportation that sets standards for the air-worthiness of all civilian aircraft, inspects and licenses them, and regulates civilian and military air traffic through its air traffic control (FAA). WARP is a next-generation weather and radar processor designed to provide meteorologists Atmospheric scientists
This WARP contract addition provides hardware and software maintenance and continuing support of the program through September 2004. The current award is a follow-on to the original $72.5 million design and development contract that was awarded to Harris in July 1996. Further awards and options could increase the overall contract value for Harris to more than $125 million by 2004. "We are pleased that the FAA has entrusted Harris to deliver world-class hardware and software maintenance support to a system in daily use throughout the United States," said Bob Henry, president, Harris Government Communications Systems Division (GCSD GCSD Groveland Community Services District (Groveland, CA) GCSD Government Communications System Division GCSD Gladwin County Sheriff Department (Michigan) ). "We are proud to continue our partnership with the FAA in providing communications and processing solutions that improve the safety and quality standards for our nation's air travelers." Under terms of the original contract, Harris was tasked with developing, procuring, installing, and supporting 24 WARP systems at FAA Air Route Traffic Control Centers (ARTCCs) and the Air Traffic Control System Command Center (ATCSCC ATCSCC Air Traffic Control System Command Center ). Harris also provided a leased service that replaced the Meteorologist Weather Processor (MWP MWP Medieval Warm Period MWP Microwave Photonics MWp Megawatt Peak MWP Maximum Working Pressure MWP Meteorologist Weather Processor MWP Mixed Waste Paper MWP Mid Wales Partnership MWP Mission Work Plan MWP Microwave Water Path MWP Metabolic Water Production ) system used at those facilities. WARP also provides NEXRAD NEXRAD Next Generation Weather Radar WSR-88D WSR-88D Weather Surveillance Radar - 1988 Doppler weather radar data directly to the air traffic controller displays, resulting in significantly improved accuracy of weather data compared to that provided by traditional long range surveillance radar. Harris GCSD conducts advanced research studies, develops prototypes, and produces and supports state-of-the-art, highly reliable communications and information systems that solve the mission-critical communications challenges of its military and government customers, and provides the technology base for the company's diverse commercial businesses. Harris Corporation is an international communications equipment company focused on providing product, system, and service solutions for commercial and government customers. The company's five operating divisions serve markets for microwave, broadcast, network support, tactical radio, and government systems. Harris has sales and service facilities in more than 90 countries. Additional information about Harris Corporation is available at http://www.harris.com. 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 Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. 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 Expected value The weighted average of a probability distribution. Also known as the mean value. of the program to Harris 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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