Aggressive · Stocks to Consider and Updates

Harris Awarded Radio Contract

HRS   Harris Corporation (NYSE: HRS – $72.90) has been awarded an indefinite delivery/quantity contract with a ceiling value of $390 million to supply a new specialized handheld tactical radio to U.S. Special Operations Forces consisting of a five-year base and an additional one-year option. Under the SOF Tactical Communications program, Harris will provide its new integrated two-channel, handheld radio that combines communications and intelligence, surveillance and reconnaissance capabilities to address the SOF’s unique mission needs. The Harris STC handheld radio can operate in the harshest environments and meets rigorous requirements for small, lightweight, multiband, multifunction, multi-mission tactical radios and can be upgraded easily with built-in backward interoperability to communicate over legacy networks. The radio leverages Harris’ extensive experience and innovative technology from its highly successful Falcon III tactical radio family. With Harris’ recent acquisition of Exelis, the long-term growth picture is encouraging.


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