Harris Corporation has received a $97 million order to provide the U.S. Naval Air Systems Command (NAVAIR) with self protection jammers for the integrated defensive electronic countermeasures (IDECM) program.
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The order was received during the fourth quarter of Harris' fiscal 2015.
Harris will provide its ALQ-214 radio frequency integrated countermeasure system, which is already used by the Navy to protect carrier-based F/A-18s, including both Hornets and Super Hornets, from sophisticated RF threats such as hostile radars and air defense systems.
Harris has supported the IDECM program for 18 years — continually improving the ALQ-214's capabilities to address the evolving airborne electronic warfare threat landscape. Under the latest order, Harris will begin producing the twelfth full-rate production lot of the system, with an option for the thirteenth lot to be exercised in 2016.
The 46 systems plus spare weapons replaceable assemblies will equip new aircraft as well as modernize the existing fleet. The order also includes field support and assembly repairs.
Harris Corporation has been awarded two five-year multi-award IDIQ contracts with a combined ceiling value of $70 million to support the U.S. Naval Surface Warfare Center's littoral, expeditionary and maritime mine defense programs. The contracts were awarded during the fourth quarter of Harris' fiscal 2015.
Harris will compete for delivery orders to provide hardware, materials and supplies that support critical fleet readiness and the expansion of science and technology programs advancing the state of maritime mine defense capabilities.
Harris has extensive experience in magnetic and acoustic mine countermeasure technology including airborne, surface, subsurface and unmanned applications. Harris technology has been involved in every U.S. Navy mine clearance operation since 1974 ■
Canadian Pacific Railway announced its fourth quarter results, including revenues of $2.46 billion, operating ratio ("OR") of 59.8 percent, adjusted OR1 of 59.1 percent, diluted earnings per share ("EPS") of $1.36 and core adjusted diluted EPS of $1.14.