The National Geospatial-Intelligence Agency is awarding a $11, 092, 685 firm-fixed-price contract to Harris (NYSE: HRS) for Adjusted Metric Support Data/Digital Point Positioning Data Base (AMSD/DPPDB) and Controlled Image Base (CIB[r]). AMSD/DPPDB is a database of imagery used for targeting purposes. CIB(r) is used for mission planning systems to assist mission profile development, perspective view generation, digital moving maps, and theater battle management. Work will be performed in Melbourne, Fla., and will be completed by April 2012. The National Geospatial-Intelligence Agency is the contracting activity (NMA30203D0006).
Harris Pens Defense Deal
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Harris (NYSE: HRS) and L3 Technologies (NYSE: LLL) set June 29, Saturday, as the closing date for their all-stock merger deal after they secured the regulatory clearances needed to complete the transaction.
The Department of Justice has given L3 Technologies (NYSE: LLL) and Harris (NYSE: HRS) an antitrust approval to advance their merger through an all-stock transaction, Reuters reported Friday.