Harris Granted $15 Million Order

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Harris Corporation HRS disclosed that it received a $15 million order to provide tactical radios, management systems, training and field support services to a nation in the Middle East. According to the company, this was part of an ongoing modernization program and that the contract was granted in the fourth quarter of its 2016 fiscal year.

Harris indicated it would offer Single Channel Ground, as well as, Airborne Radio System (SINCGARS) radios that provide the secure voice communications backbone for ground forces in over 30 countries. Similarly, its SpearNet tactical radios allow high-throughput voice and data networking on and off the battlefield.

The company's president, Chris Young, commented, "These radios will deliver advanced communications capabilities to the ground segment of the nation's aviation force. This order recognizes the continued trust in our tactical radios' exceptional capabilities."

On Friday, shares of the company traded down by 2.53 percent.

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