Rochester-based firm gets extension on $765M Navy contract

Markets Associated Press

A Rochester-based supplier of communications equipment to the U.S. military has been awarded a $765 million contract extension to provide radios to the Navy for the next five years.

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U.S. Senate Majority Leader Chuck Schumer announced Tuesday that Harris Corp. received an extension on its deal to supply the equipment to the Navy.

The New York Democrat called the extension a "win-win" for sailors, Harris and the Rochester-area economy.

In August, Harris landed a $12 million contract with the Army. The move came two months after the company was awarded a contract worth $255 million to build radios for U.S. special operations forces.

Harris, along with two other contractors, was chosen last year to supply portable radios to the Army as part of a 10-year $12.7 billion contract.