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Harris (HRS) Receives Orders For Tactical Area Communications Network

 January 15, 2013 12:03 PM
 


(By Balaseshan) Harris Corp. (NYSE: HRS) said it has received orders worth $42 million from an international customer for an end-to-end tactical area communications network.

The nation is acquiring the Harris Integrated Tactical Area Communications System (ITACS), which provides IP-based voice, data, and video services across the battlefield.

The system includes the new Harris Falcon III RF-7800W High Capacity Line-of-Sight radio. Harris RF-7800W systems are in use by all branches of the U.S. Department of Defense and have been an integral part of the U.S. Army Network Integration Evaluation exercises.

[Related -Sector Detector: Rankings Take A Noticeably Bullish Turn]

On January 10, the company said it has received $7 million in orders to supply the U.S. Special Operations Command (USSOCOM) with additional Falcon multiband manpack radios and accessories.

The Falcon III AN/PRC-117G allows operators to communicate by Type-1 secure voice, video, and wideband data and supports a growing number of network-enabled missions, including intelligence reporting and analysis, collaborative chat, e-mail, biometric enrollments and more.

On December 21, the company said it has been awarded an $85 million indefinite delivery, indefinite quantity (IDIQ) contract to provide the U.S. Air Force with Falcon multiband manpack tactical radios and accessories. In conjunction with the contract, Harris also received initial delivery orders of $33 million.

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The Air Force will deploy the Falcon III AN/PRC-117G across ground units to serve as its next-generation radio platform for tactical voice and wideband data communications. The AN/PRC-117G will provide the Air Force with seamless connectivity to the Global Information Grid in support of a range of existing and emerging network-enabled missions.

HRS is trading up 0.20% at $49.29 on Tuesday. The stock has been trading between $37.77 and $52.23 for the past 52 weeks.

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