U.S. Navy Awards Harris Corporation $5.1 Million Lot 2 Production Contract for Cockpit Digital Maps.Business Editors/High Tech Writers MELBOURNE, Fla.--(BUSINESS WIRE)--Oct. 7, 2002 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 $5.1 million Lot 2 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 Well-known aviators People largely known for their contributions to the history of aviation While all of these people were pilots (and some still are), many are also noted for contributions in areas such as aircraft design and manufacturing, navigation or with highly sophisticated moving map capabilities and other mission-critical data via cockpit displays onboard the aircraft. Last year Harris was awarded a $4.3 million initial production contract for the digital maps. The potential production value of the program for Harris could reach $75 million by 2011. "We are extremely pleased to be moving into the second 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, 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 second award validates Harris' 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-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. and the U.S. Army CH-47F Improved Cargo Helicopter (ICH See Intel Hub Architecture. ). Future aircraft to be outfitted with the TAMMAC DMC include the AH-1Z, the UH-1Y, and the AV-8B. The TAMMAC DMC provides pilots with two independent channels of real-time, digital moving map data and threat and terrain conflict overlays in various display modes, including and terrain elevation and overhead geo-referenced satellite imagery modes. 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, as well as 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. 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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