“The National Oceanic and Atmospheric Administration (NOAA) has awarded Harris Corporation (NYSE:HRS) a three-year, $284 million sole-source extension on the ground segment contract supporting Geostationary Operational Environmental Satellite (GOES) -R Series weather satellites – bringing new technologies that support increased capabilities.”
“The three-year contract extension will modernize the ground-computing infrastructure and reduce the IT footprint, laying the foundation for future migration to cloud technologies. It extends the partnership with NOAA’s National Environmental Satellite, Data and Information Service (NESDIS) to 13 years – and brings the total contract value to $1.65 billion.” Read the full press release here.
Source: NOAA Awards Harris Corporation $284 Million GOES-R Series Ground Segment Contract Extension – May 16, 2019. Harris.