U.S. Navy Awards Harris Corporation $3.7 Million Production Contract for Aircraft Cockpit Digital Maps.Business Editors/High-Tech Writers MELBOURNE, Fla.--(BUSINESS WIRE)--May 15, 2003 Harris Corporation (NYSE NYSE See: New York Stock Exchange :HRS), the world leader in cockpit digital moving maps for military aircraft, announced today that it has been awarded a $3.7 million Lot 3 production contract by the U.S. Navy to provide Tactical Airborne Moving Map Capability (TAMMAC TAMMAC Tactical Aircraft Moving Map Capability ) Digital Map Computers (DMCs) for U.S. Navy, U.S. Marine Corps, and U.S. Army aircraft. The TAMMAC DMCs provide military aviators with highly sophisticated moving map capabilities and other mission-critical data via cockpit displays onboard the aircraft. Harris has been awarded $23 million in TAMMAC contracts to date, with the potential overall program value expected to reach $75 million by 2011. "We are extremely pleased to be moving into the third production lot of the TAMMAC DMC DMC Devil May Cry (video game) DMC Detroit Medical Center DMC Darryl McDaniels (rapper) DMC Destination Management Company DMC Del Mar College (Corpus Christi, TX) ," said Bob Henry, senior vice president, Harris Corporation and 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) ). "This third production award validates the value of Harris' digital mapping technology and ensures that military flight crews are operating with the very latest and most sophisticated terrain and threat data for enhanced situational awareness." TAMMAC DMCs are currently used onboard the U.S. Navy and Marine Corps F/A-18C/D Hornet hornet: see wasp. and the F/A-18E/F Super Hornet The Boeing F/A-18E/F Super Hornet is a carrier-based fighter/attack aircraft that entered service in 1999 with the United States Navy. The fighter has recently been ordered by the Royal Australian Air Force. . Future aircraft to be outfitted with the TAMMAC DMC include the U.S. Marine's AH-1Z and UH-1Y helicopters, the AV-8B Harrier, and the U.S. Army's CH-47F Improved Cargo Helicopter (ICH See Intel Hub Architecture. ). The TAMMAC DMC provides pilots with two independent channels of real-time, digital moving map data in various display modes, including terrain elevation and geo-referenced satellite imagery that is overlaid with threat and terrain conflict information. Harris GCSD, one of five divisions within Harris Corporation, conducts advanced research studies, develops prototypes, and produces and supports state-of-the-art, assured communications and information systems that solve the mission-critical communications challenges of its military and government customers, as well as provides the technology base for the company's diverse commercial businesses. Harris Corporation, which also provides tactical radio, broadcast, microwave, and network support products and systems, provides sales and service to customers in more than 150 countries. Additional information about Harris Corporation is available at http://www.harris.com. Sound interesting? Find great jobs at Harris: http://www.careers.harris.com. Forward-Looking Statement forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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. 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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