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Exelis Wins 2nd Army Night Vision Goggles Option

ITT Exelis (NYSE: XLS) has won a $48 million contract option to continue producing night vision goggles for the U.S. Army, representing the second of two production year contract options. Exelis won the first contract option in April 2012 byBudget Year competing and qualifying its Spiral Enhanced Night Vision Goggles through the program’s qualification... 

Exelis Wins $127M to Operate Army Comm Systems

ITT Exelis (NYSE: XLS) has won a potential $127,150,517 contract to help the U.S. Army operate and maintain communications systems in Southwest Asia and Central Asia. The Army received five bids for the cost-plus-fixed-fee contract through an Internet solicitation, the Defense Department said Friday. Exelis will also help defend the networks and perform... 

Exelis to Build Lockheed F-16 RF Illuminator; Joe Rambala Comments

ITT Exelis (NYSE: XLS) has won a $9.4 million contract to build radio frequency transmitters for the F-16 fighter jet, built byBudget Year Lockheed Martin (NYSE: LMT). Lockheed intends for Exelis’ continuous wave illuminator subsystem to help the F-16′s fire control radar and computer control semi-active missiles find targets, Exelis said... 

Exelis to Build Navy Airborne Minesweeper; Dave Prater Comments

ITT Exelis (NYSE: XLS) has won a contract worth at least $10 million to develop an airborne minesweeper for the U.S. Navy to use for its anti-access, anti-denial strategy. The company will build an MK 105 Mod 4 system for the Naval Surface Warfare Center in Panama City, Fla. as the Navy aims for the system to help its airborne mine countermeasures strategies... 

Rich Sorelle Promoted to Exelis Electronic Systems Lead

Rich Sorelle Rich Sorelle, former ITT Exelis (NYSE: XLS) vice president and general manager of integrated electronic warfare systems, has been promoted to president of the electronic systems division. The 16-year company veteran and former Northrop Grumman (NYSE: NOC) executive will be responsible for the division’s performance, strategy, leadership... 

Exelis Sells Fiberglass Pipe Business; John Shephard Comments

John Shephard ITT Exelis (NYSE: XLS) has sold its fiberglass reinforced pipe business to a Dubai-based company for an undisclosed sum as Exelis is aiming to target its investments in certain growth platforms. Exelis is targeting future investments in the analytics, electronic warfare and ISR markets (intelligence, surveillance and reconnaissance), the... 

Report: Army to Launch $1B in Radio Competitions

U.S. Army photo The U.S. Army will start accepting proposals in July for two contracts worth up to $1.4 billion combined, covering two types of battlefield radios, DoD Buzz reports. Brendan McGarry writes General Dynamics (NYSE: GD) currently supplies both Rifleman radios and Manpack radios to the Army. Potential competitors for the upcoming contracts... 

Exelis Wins $102M for Ship Radars, Electronics; Dave Prater Comments

ITT Exelis (NYSE: XLS) has won a $102 million contract to provide electronics support systems to Australia’s navy as the country aims to increase defenses in the Pacific and Indian Ocean regions. ANZAC class frigates and Canberra class LHD ships will receive Windows-based graphical displays, designed to recognize radars from other surface vessels... 

Exelis Wins New Navy Base Operations IDIQ; Ken Hunzeker Comments

ITT Exelis has won a $5.7 million contract to help the U.S. Navy run an operating base in the branch’s Europe, Africa and Southwest Asia region. The indefinite-delivery/indefinite-quantity contract contains a base year and two options that could extend the award to December 2015, Exelis said Tuesday. Exelis said this contract with the Navy’s... 

Exelis-ELTA Team Building Coast Guard Maritime Surveillance Radar

ITT Exelis (NYSE: XLS) will supply a new radar system to the U.S. Coast Guard for maritime reconnaissance missions such as surveillance, drug interdiction and counterterrorism. Exelis and partner ELTA Systems Ltd. won a $6.5 million award to provide the Coast Guard the AN/APY-11 multimode radar, which they previously built under a contract awarded... 
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