Author: Mary-Louise Hoffman|| Date Published: May 23, 2016
NASA has exercised two one-year options on a previously awarded contract toHarris (NYSE: HRS) for communications, telemetry and tracking support to the International Space Station and various satellites in low-Earth orbit.
The options increase the ceiling value of the company’s Space Communications Network Services contract with NASA by about $384 million, Harris said Monday.
Harris booked the additional contract funds in the third quarter of its 2016 fiscal year.
The company has supported the communications network of the orbiting ISS, Hubble Space Telescope and Earth Observing System satellites through the SCNS program.
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