ITT Exelis buys aerial signal sensor manufacturer

ITT Exelis has completed its acquisition of Space Computer Corp., a privately owned firm that produces real-time signal processing systems, software and algorithms for the full exploitation of hyperspectral sensor data.

Financial terms of the deal were not reported in the July 2 news announcement

Hyperspectral sensors are installed on a large number of satellites, manned aircraft and unmanned aerial vehicles to detect and locate hidden or obscured targets, to cue other sensors for further verification, and to downlink data in real time to analysts and other end users, the news release explained.

Space Computer, which will become a part of Exelis Geospatial Systems, has provided technology for nearly every U.S. military hyperspectral sensor produced since 1996.

In 2011, the company posted revenues of $14.1 million and currently employs about 37 people at its Los Angeles facility.

ITT Exelis, of McLean, Va., ranks No. 15 on Washington Technology’s 2012 Top 100 list of the largest federal government contractors.