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Rich Sorelle: Exelis Seeks C4ISR, Analytics Portfolio Growth With Celestech Buy


RichSorelle
Rich Sorelle

Exelis (NYSE: XLS) has acquired technology development and engineering services firm Celestech in a move to grow Exelis’ portfolio of C4ISR and data analytics offerings.

Financial terms of the deal were not disclosed and Exelis does not expect the transaction to have a material impact on its second quarter 2014 results, Exelis said Thursday.

Celestech builds signal processing systems for satellite and terrestrial wireless communications usage in the government and business sectors, according to Exelis.

Rich Sorelle, Exelis corporate vice president and president of its electronic systems unit, said the company aims to address defense customers’ information sharing requirements through the acquisition.

“Leveraging Celestech’s capabilities will help us respond to our customers’ increasing needs for greater data throughput and adaptability while strengthening our strategic growth platforms, ” Sorelle added.

Tell Gates, CEO of Celestech, said the company will join the Exelis electronics business and work to deliver technology products for military customers to access and exchange intelligence.

Celestech has business locations in Phoeniz, Ariz. and Chantilly, Va.

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