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  • Tuesday, April 16, 2024

Harris Picks Up Another Option on Lucrative Air Force Deal

Harris (NYSE:HRS) picked up a third option year for work on the Network and Space Operations and Maintenance (NSOM) program for the U.S. Air Force.

The option is valued at $64 million.

According to the firm, “Harris will continue to provide operations and maintenance support to the 50th Space Wing’s Air Force Satellite Control Network (AFSCN) at locations around the world.”

This new option elevates the current total value of the project to $218 million for Harris.

“Harris is proud to be a trusted partner for the U.S. Air Force on this mission, ” said John Heller, president of Harris IT Services. “The award of this option demonstrates our continued success delivering superior support to the 50th Space Wing for this critical network.”

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