Harris gets $311.4M increase in radio contract

AP News
Posted: Dec 22, 2009 7:10 PM

The Defense Department said Tuesday the ceiling on a Navy contract with Harris Corp.'s RF Communications Division has been increased by $311.4 million to $897.9 million.

The contract is for radios for soldiers, as well as support systems. The ordering period still ends Feb. 10.

The Navy said Harris will perform the work in Rochester, N.Y. Deliveries are set to begin this month.

The DOD said the contract modification was awarded on a sole-source basis, as Harris is the only company capable of meeting the government's requirements.

Harris Corp. shares rose 76 cents to close at $46.47.

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