Harris Air Force Comm Equipment Contract Increases to $215M

Harris w-BorderHarris Corp. (NYSE: HRS) will continue to provide communications equipment for a U.S. Air Force facility under a contract modification worth $27.3 million, the Orlando Sentinel reported Tuesday.

The company’s government communications systems division will work to retrofit gear at the Air Force Space and Missile Center in El Segundo, Calif., according to the report.

The total contract value increases to $215 million with this new order, the Sentinel reports.

Military’s satellite and space systems undergo on-orbit inspections, tests, maintenance and repairs at the center, based at Los Angeles Air Force Base.

Harris recently approved a 12th straight increase to its quarterly cash dividend and plans to repurchase $200 million in shares during its 2014 fiscal year.

Check Also

spending

BGOV: Federal IT Spending Could Reach $27.2B in Q4 FY 2020

The federal government is expected to invest $27.7B for unclassified information technology contracts in the fourth quarter of fiscal year 2020 following increased spending for telework technologies in March, Bloomberg Government reported Thursday.

Patriot missile

Raytheon Technologies Books Potential $6B Modification on DLA Patriot Missile Repair, Maintenance Contract

The Defense Logistics Agency has awarded Raytheon Technologies (NYSE: RTX) a potential $6B contract modification to provide spare parts as well as engineering and repair services for the Patriot surface-to-air missile system.