Harris Corporation (NYSE:HRS) was awarded the first option on the State Department’s Consular Affairs Support Services (CASS) contract.
The option carries a value of $40 million. The deal has a potential $196.5 million value if all options are exercised.
“Harris has been providing IT support to the Bureau of Consular Affairs for 15 years. The award of this option year demonstrates Harris’ commitment to excellence in, supporting the Department of State’s mission, ” said Wayne Lucernoni, vice president, Intel and Civil Programs, Harris IT Services.