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Harris Corporation Receives $29 Million in Orders to Provide Tactical Radios to European Nation

Harris Corporation (NYSE:HRS) has received two orders totaling $29 million to provide its Falcon® family of tactical radios to a customer in Europe as part of an ongoing standardization program designed to ensure interoperability during coalition operations. The orders were received during the third quarter of Harris’ fiscal 2016.

Harris will supply AN/PRC-152A Wideband Networking Handheld Radios, which provide simultaneous, secure voice and high-speed networked data; AN/PRC-117G Multiband Networking Manpack Radios, which support multiple missions by combining wideband networking, SATCOM and legacy narrowband interoperability in a single, lightweight package; and AN/PRC-150C HF/VHF Tactical Radios, which provide secure, long-range voice and data communications.

"These radios will ensure that our customer has secure interoperability with U.S. and NATO forces,” said Chris Young, president, Harris Communication Systems. “With wideband networking capabilities, warfighters will gain improved situational awareness and access to a common operating picture.”

About Harris Corporation

Harris Corporation is a leading technology innovator, solving our customers’ toughest mission-critical challenges by providing solutions that connect, inform and protect. Harris supports customers in more than 125 countries, has approximately $8 billion in annual revenue and 22,000 employees worldwide. The company is organized into four business segments: Communication Systems, Space and Intelligence Systems, Electronic Systems, and Critical Networks. Learn more at harris.com.

Forward-Looking Statements

This press release contains forward-looking statements that reflect management's current expectations, assumptions and estimates of future performance and economic conditions. Such statements are made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The company cautions investors that any forward-looking statements are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements. Statements about the value or expected value of orders, contracts or programs are forward-looking and involve risk and uncertainties. Harris disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

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