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ARTICLES

US Navy awards Harris $54M IDIQ EW contract

Harris Corp. has received a three-year, $54 million ceiling, single-award IDIQ contract from the U.S. Naval Research Laboratory to provide electronic warfare (EW) technology and engineering services for the Advanced Decoy Architecture Project (ADAP). The contract was awarded during the first quarter of Harris' fiscal 2016.


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Harris awarded $113M US Navy radar upgrade contract

Harris Corp. has received a four-year, $113 million contract from the U.S. Naval Sea Systems Command (NAVSEA) to upgrade the Navy's primary long-range, three-dimensional defense radar. The contract includes an initial $39 million order and three one-year options. The contract was received in the first quarter of Harris' fiscal 2016.


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Harris completes acquisition of Exelis

Harris Corp. completed its previously announced acquisition of Exelis Inc. Each outstanding share of Exelis common stock converted into the right to receive $16.625 in cash and 0.1025 of a share of Harris common stock. Harris shareholders own 85 percent of the combined company and Exelis shareholders own 15 percent.


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