Search Results for: Exelis

Exelis to Help Test eLORAN as GPS Complement; Ed Sayadian Comments

TYSONS CORNER, VA May 26, 2015 — Exelis (NYSE: XLS) will work on a project to demonstrate a potential backup for the Global Positioning System using the decommissioned LORAN-C ground-based radio navigation infrastructure, ExecutiveBiz reported Friday. Dubbed eLORAN, the initiative that includes UrsaNav, the Department of Homeland Security and the …

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Exelis Picks Leidos for Next Phase of DARPA Counter Radar Project

TYSONS CORNER, VA May 22, 2015 — ExecutiveBiz reported Thursday on Leidos (NYSE: LDOS) being selected to continue working with Exelis (NYSE: XLS) in the next phase of the Defense Advanced Research Projects Agency‘s Adaptive Radar Countermeasures program. Work under the new subcontract will include a demonstration of Leidos electronic warfare …

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Exelis Shareholders OK Harris’ Acquisition Offer, DOJ Clears Transaction

Harris Corp.’s (NYSE: HRS) pending acquisition of Exelis (NYSE: XLS) for almost $4.75 billion in cash and stock has moved forward after Exelis’ shareholders voted to approve the transaction and the Justice Department cleared the deal under antitrust law. Exelis said Friday both companies expect the transaction to close May 29, pending other closing …

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Ed Sayadian: Exelis Passes Factory Acceptance Tests for Aireon Software, Hardware

TYSONS CORNER, VA May 19, 2015 — Exelis (NYSE: XLS) moved closer to operational deployment of Aireon’s space-based aircraft monitoring technology following the conclusion of factory testing of the surveillance data processing and distribution ground system component, ExecutiveBiz reported Monday. “The factory acceptance achievement formally verifies that all requirements and interfaces …

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NOAA Enlists Exelis Helios Tech for ‘Weather-Ready Nation’ Program

TYSONS CORNER, VA May 8, 2015 — Executive Mosaic — Exelis (NYSE: XLS) will lend its Helios technology to support real-time ground weather surveillance for the National Oceanic and Atmospheric Administration under the Weather-Ready Nation initiative, ExecutiveBiz reported Thursday. The Helios digital platform uses images and videos pulled from traffic …

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Edward Sayadian: Exelis, FAA to Test-Drive Sense-And-Avoid UAS Tool

TYSONS CORNER, VA May 6, 2015 — Executive Mosaic — Exelis (NYSE: XLS) will embark on a research project with the Federal Aviation Administration that will study the safe integration of unmanned aircraft systems into the national airspace, ExecutiveBiz reported Tuesday. Exelis said the experiments will be carried out at …

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Exelis Reports 5% Revenue Bump for 1Q, Profit Up 13%

Exelis (NYSE: XLS) has announced financial results for the first quarter of its 2015 fiscal year ended March 31, 2015. The McLean, Va.-based defense technology contractor said revenue increased 4.94 percent year-over-year to $785 million and profit rose 13.46 percent from the prior year period to $59 million. Revenue for …

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Exelis, L-3 Enter EW System Joint Project for AC/MC-130J

TYSONS CORNER, VA May 1, 2015 — Executive Mosaic — Exelis (NYSE: XLS) is set to build an electronic warfare system for the special mission AC/MC-130J aircraft in collaboration with L-3 Platform Integration, ExecutiveBiz reported Wednesday. The contract for the Air Force Special Operations Command will combine its EW technology …

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Edward Sayadian: Exelis Targets UAS Safety with Symphony ‘Sense-And-Avoid’ Suite

TYSONS CORNER, VA April 24, 2015 — Executive Mosaic — ExecutiveBiz reported Thursday on Exelis’ (NYSE: XLS) rollout of Symphony RangeVue with “sense and avoid” alerting technology built for unmanned aerial system operators. The Symphony suite uses geofencing tools to provide map, weather and surveillance information for field or test …

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Raytheon Receives Exelis Encryptors for GPS OCX

TYSONS CORNER, VA April 17, 2015 — Executive Mosaic — Exelis (NYSE: XLS) has turned over six upgraded ground encryptors to Raytheon (NYSE: RTN) for insertion into the GPS OCX as part of the U.S. Air Force GPS modernization initiative, ExecutiveBiz reported Thursday. Exelis said Wednesday the subcontract work also includes encryptors …

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