Exelis Completes Comm Software Firm Buy; Pamela Drew Comments

Pamela Drew_GovConWire

ITT Exelis (NYSE: XLS) has completed its acquisition of Australia-based communications software firm C4i Ltd. for $16.8 million, Exelis said Thursday.

Exelis will integrate C4i into its information systems business area and does not expect the transaction to materially affect its 2012 fiscal year results or its results for first quarter 2013.

C4i, headquartered in Melbourne and having an office in Reston, Va., provides communications software to customers in the air traffic management, defense, public safety, mining and homeland security.

Pamela Drew, president of Exelis’ information systems area, said the company is aiming to expand its presence in Australia and grow its critical infrastructure portfolio.

“We look forward to synergies with our air traffic management business with an immediate focus on Australia’s oneSKY Australia initiative to combine civil and military air traffic control, ” she said. “We see opportunity for integrating C4i’s communications capabilities with Exelis’ expertise in developing and deploying large scale communications networks.”

“We anticipate more opportunities for the growth of our business and our employees, ” said Peter Harrison, C4i director and general manager. “The acquisition represents significant commitment to the Australian market and Exelis business pursuits here.”

C4i develops Internet Protocol-based voice control and switching systems for mobile operations personnel to communicate in real-time.

Video of the Day

GovCon Wire Logo

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings about M&A Activity

Related Articles