MELBOURNE, Florida, August 26, 2004 – Harris Corporation (NYSE:HRS), a leading provider of technical services, announced today that it has been selected by the U.S. National Reconnaissance Office (NRO) for a potential 10-year, $1 billion program to provide operations, maintenance and support services for the agency's global communications and information systems. The NRO designs, builds and operates the nation's reconnaissance satellites, providing the Central Intelligence Agency (CIA), the Department of Defense (DoD), and other U.S. government agencies with relevant products.
"The NRO is a long-time, valued customer of Harris and we're excited about the opportunity to expand our role as a mission partner to include day-to-day mission support," said Howard L. Lance, chairman, president, and chief executive officer of Harris Corporation. "We're especially honored that the NRO has entrusted Harris to provide technical services so critical to maintaining U.S. national security."
Under terms of the contract, Harris Technical Services Corporation (HTSC) will act as prime contractor, providing communications and information technology (IT) services at NRO locations around the world. HTSC's major teammates are Raytheon, AT&T, and CACI International, Inc.
"The NRO systems support work will focus on transforming the existing mode of delivery of communications and IT services to a performance-based IT Infrastructure Library (ITIL)-compliant way of doing business, which will ultimately result in more cost-effective IT service management for the agency," said Larry Whitfield, president, HTSC.
HTSC is a wholly owned subsidiary of Harris Corporation, serving the information technology services marketplace. HTSC provides world-class, cost-effective operation, maintenance, engineering, and technical support services to the U.S. government, prime contractors, and other Harris divisions.
Harris Corporation is an international communications technology company focused on providing assured communications products, systems and services for government and commercial customers. The company's four operating divisions serve markets for government communications, tactical radio, broadcast, microwave, and network support systems. Harris provides systems and service to customers in more than 150 countries. Additional information about Harris Corporation is available at www.harris.com.
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Forward-Looking Statement Contact Information:
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 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 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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