Exelis Buys ARC’s Air Travel Mgmt Tool; Rene Colyer Comments

ExelisExelis (NYSE: XLS) has purchased a Web-based tool developed by travel analytics firm ARC to manage corporate air travel.

FareSight works to compare average ticket prices for air travel and also analyze both air travel patterns and spending, ARC announced Wednesday.

“When FareSight transitioned to general availability, we purchased the product knowing the value was in understanding how our air travel rates stack against other companies traveling in the same domestic and global markets Exelis travels, ” said Rene Colyer, Exelis corporate travel department manager.

The transaction makes Exelis the first FareSight customer of ARC.

ARC built Faresight to monitor and adjust corporate air travel policies, audit and negotiate airline ticket rates and help travel managers set preferences.

You may also be interested in...


Fluor Subsidiary Gets $1.1B Modification on US Naval Nuclear Propulsion Support Contract

A subsidiary of Fluor (NYSE: FLR) will continue its support work on propulsion systems that power U.S. Navy submarines and aircraft carriers under a one-year, $1.12B contract modification. Fluor Marine Propulsion will continue services at the Naval Nuclear Laboratory through the government's 2021 fiscal year, the Department of Defense said Wednesday.

Mac Curtis Chairman and CEO Perspecta

Perspecta Announced as Military Bowl Presenting Sponsor; Mac Curtis Quoted

The Military Bowl Foundation has named Perspecta (NYSE: PRSP) as the presenting sponsor for the next three years of its college football post-season bowl game.