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Stock impact report

Harris Corporation Awarded $400 Million Increase to Electronic Warfare IDIQ Contract Ceiling for International F-16s

HARRIS (HRS) 
Last harris earnings: 5/1 06:30 am Check Earnings Report
US:NYSE Investor Relations: harris.com/investors
Company Research Source: Business Wire
Highlights: Electronic warfare system shields F-16s from sophisticated radio frequency threats Continues company’s 15-year legacy of electronic warfare systems on international F-16s Positions Harris to secure additional F-16 electronic warfare system upgrades worldwide MELBOURNE, Fla.--(BUSINESS WIRE)-- Harris Corporation (NYSE:HRS) has been awarded a $400 million increase to the ceiling value of a single-award IDIQ contract to supply electronic warfare (EW) systems for international F-16 fighters – helping to protect allied aircraft against evolving radar and electronic threats. The new ceiling value is $491 million and was received during the fourth quarter of Harris' fiscal 2018. Harris will provide AN/ALQ-211(V)4/9 Advanced Integrated Defensive Electronic Warfare Suite (AIDEWS) systems, spares and engineering support to s Show less Read more
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