MELBOURNE, Fla., May 5, 2016 - Harris Corporation (NYSE:HRS) has received $41 million in orders for production, spare parts, depot, and installation of advanced satellite communications terminals under the U.S. Army's Modernization of Enterprise Terminals (MET) program. The orders were received during the third quarter of Harris' fiscal 2016.

Harris fixed-site terminals and hardened transportable terminals provide dual X and Ka-band access to the new Wideband Global SATCOM (WGS) network as well as legacy satellite constellations. The next-generation military satellite communications terminals will provide the worldwide backbone for high-priority military communications and missile defense systems in locations around the world.

Harris is the prime contractor for the MET IDIQ contract, which was awarded in 2009 and has a ceiling value of $800 million, including a five-year base period and a five-year option period. The latest orders bring the total MET orders Harris has been awarded to $516 million.

'MET's state-of-the-art multiband terminals will provide critical communications and situational awareness capabilities for U.S. decision-makers and military personnel deployed worldwide,' said Ed Zoiss, president, Harris Electronic Systems. 'Harris has supported the warfighter with high-performance, cost-effective military satellite communications capabilities for decades, and we are committed to continue this support through the MET program.'

About Harris Corporation
Harris Corporation is a leading technology innovator, solving our customers' toughest mission-critical challenges by providing solutions that connect, inform and protect. Harris supports customers in more than 125 countries, has approximately $8 billion in annual revenue and 22,000 employees worldwide. The company is organized into four business segments: Communication Systems, Space and Intelligence Systems, Electronic Systems, and Critical Networks. Learn more at harris.com.

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Contact Information:

Deb Green
Harris Electronic Systems
dgreen20@harris.com
321-727-6780

Jim Burke
Harris Corporation
jim.burke@harris.com
321-727-9131

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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 value or expected value of orders, contracts or programs are forward-looking and involve risk 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.

Harris Corporation published this content on 05 May 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 05 May 2016 13:19:07 UTC.

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