Exelis (NYSE: XLS) recently received a follow-on contract valued at $8.4 million from Lockheed Martin Aeronautics Company, Fort Worth, Texas, to supply Continuous Wave Illuminator (CWI) subsystems for F-16 Fighting Falcon aircraft. The Exelis CWI subsystem is a special-purpose transmitter that works with the F-16’s fire control radar and mission computer to provide guidance for … Czytaj dalej
Exelis (NYSE: XLS) reported financial results for the first quarter of 2014. First-quarter revenue was $1 billion, a 12 percent decrease from the first quarter of 2013. First-quarter earnings were $52 million, or $0.27 per share, a 17 percent increase from the first quarter of 2013. Adjusted earnings, which exclude costs related to the pending … Czytaj dalej
Exelis (NYSE: XLS) will showcase a full range of ISR (intelligence, surveillance and reconnaissance), analytics and critical networks solutions during the GEOINT Symposium at the Tampa Convention Center April 14-17. GEOINT is organized by the U.S. Geospatial Intelligence Foundation. Exelis will display flexible and interoperable solutions that maximize the quality of intelligence products and reduce … Czytaj dalej
Exelis (NYSE: XLS) has received an award totaling more than $36 million to provide electronic warfare (EW) equipment, spares and support services to the Turkish Air Force. When fully definitized, the contract could be valued at up to $80 million. Under the foreign military sales contract issued by the Warner Robins Air Logistics Center at … Czytaj dalej
A registration statement on Form 10 was filed with the U.S. Securities and Exchange Commission (SEC) for the planned spinoff of the current Exelis (NYSE: XLS) Mission Systems business. Today’s filing was made under the name „Exelis MSCO Inc.,” however, Exelis plans to announce the name under which the new company will do business in … Czytaj dalej
Spirit Airlines has selected the Exelis (NYSE:XLS) aircraft surveillance solution, known as Symphony® OpsVueTM, to visually track its aircraft fleet while on the ground. This solution provides a highly accurate and reliable flight tracking network of aircraft surveillance data on a single Web-based display. Spirit Airlines’ aircraft fleet is currently fully equipped with Automatic Dependent … Czytaj dalej