Harris Corporation Awarded IDIQ Contract for NASA Human Spaceflight Technologies
MELBOURNE, Fla., July 28 /PRNewswire-FirstCall/ -- Harris Corporation (NYSE: HRS), an international communications and information technology company, has been awarded a contract for NASA's Crew, Robotics, Avionics, and Vehicle Equipment (CRAVE) program as part of the Oceaneering Space Systems, Inc. team. The Oceaneering team is one of three industry teams and two universities selected to participate in the five-year Indefinite Delivery/Indefinite Quantity (IDIQ) contract, which has a ceiling value of $70 million.
CRAVE contracts will cover a wide range of tasks for all human spaceflight programs supported by the Johnson Space Center Engineering Directorate, including the Space Shuttle, Space Station and Exploration. Contracts may range from communications, avionics and ventilation systems to space suit modifications and new hand tools for astronauts.
As part of the Oceaneering team, Harris will provide design, development, manufacturing, testing and sustainment of space communications systems and equipment. The company also will support Oceaneering in networking and robotic command and control tasks as required.
"This award represents a strategic win for Harris in a targeted growth market," said Frank Van Rensselaer, vice president, NASA Programs, Harris Government Communications Systems. "CRAVE is an important initiative to support NASA in the next generation of human and robotic spaceflight programs."
Harris has supported major NASA programs since the 1960s, including Apollo, Space Shuttle and the International Space Station. The company conducts advanced research studies and develops network architectures that provide NASA with highly reliable space and terrestrial communications and help solve the agency's unique, mission-critical program challenges.
About Harris Corporation
Harris is an international communications and information technology company serving government and commercial markets in more than 150 countries. Headquartered in Melbourne, Florida, the company has approximately $5 billion of annual revenue and more than 15,000 employees — including nearly 7,000 engineers and scientists. Harris is dedicated to developing best-in-class assured communications® products, systems, and services. Additional information about Harris Corporation is available at www.harris.com.
Forward-Looking Statements
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. 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.
