Search Results for: Rich Sorelle

Rich Sorelle: Harris Lands $54M Contract to Help Navy Build EW Decoys

Harris (NYSE: HRS) has been awarded a potential three-year, $54 million contract to help develop electronic warfare technology for the U.S. Navy to lure adversarial missiles away from naval ships. The company said Thursday it will provide system engineering and technical services to the Naval Research Laboratory under the Advanced …

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Harris to Refresh NAVSEA Radar Systems for $113M; Rich Sorelle Comments

The U.S. Naval Sea Systems Command has awarded Harris Corp. (NYSE: HRS) a potential four-year, $113 million contract for the modernization of AN/SPS-48E three-dimensional radar systems. The contract has a one-year base value of $39 million and calls for Harris to convert the maritime radars into the SPS-48G configuration under the U.S. Navy‘s Radar …

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Peter Martin to Lead Exelis’ Electronic Attack, Release Systems Business; Rich Sorelle Comments

Peter Martin will serve as vice president and general manager of Exelis‘ (NYSE: XLS) electronic attack and aircraft release systems business and will oversee operations at company facilities in Amityville and Bohemia in New York. The company said Monday Martin holds close to 35 years of defense and aerospace industry experience and served as a cryptologic …

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

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 …

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Rich Sorelle Promoted to Exelis Electronic Systems Lead

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 and customer relations, …

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Exelis Wins $238M for Navy Radio Jamming Tech; Rich Sorelle Comments

ITT Exelis has won a $238 million U.S. Navy contract to produce on-board jammer systems for the branch’s F-18 fleet, the company announced Monday. Exelis will provide 104 systems through fiscal year 2016. The systems protect warfighters against radio frequency-guided threats, according to Rich Sorelle, vice president and general manager …

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Exelis Wins $54M Radio Frequency Pod Foreign Sale; Rich Sorelle Comments

ITT Exelis (NYSE: XLS) won a $54 million U.S. Air Force contract to provide electronic warfare systems for a foreign military sale, the company announced Tuesday. Pakistan will purchase the defensive digital radio frequency memory-based jamming pods for its air force and use them for its F-16 fleet. “Legacy and …

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GovCon Wire Stays at Forefront of April’s Executive Movements, Promotions

The month of April saw a flurry of high-level executive appointments at the nation’s top government contracting firms and GovCon Wire led the way in covering new arrivals in leadership posts. Government Contracting Wire, the full name of Executive Mosaic‘s real-time news site, covered announcements of CEO transitions, promotions to …

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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 by 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 …

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Exelis Reports 7% Jump in 2Q Orders

ITT Exelis (NYSE: XLS) has announced financial results for the second quarter of its 2012 fiscal year, reporting a nine percent increase in profit from the prior year period to $86 million. The company also announced a 10 percent increase in earnings per share year-over-year, reporting 46 cents in earnings …

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