ITT Exelis will realign its business in order to capitalize on operating efficiencies and increase focus on strategic growth platforms, effective Jan. 2, 2013.
MERGERS & ACQUISITIONS
ITT Exelis expands its communications and mobile communications solutions through the acquisition of C4i Pty. Ltd.
Twenty companies will compete for task orders under the Army's $10 billion Global Tactical Advanced Communication Systems contract.
Contract awarded to ITT Exelis by Army Mission and Installation Contracting Command for logistic support services.
ITT Exelis and NOVASOL will build laser communications system to move data around the battlefield for the Navy and Marine Corps.
Oman Air Force to receive defensive electronic warfare systems under contract with ITT Excelis.
Space Computer Corp. will become a part of Exelis Geospatial Systems.
ITT Exelis stays upbeat as it pursue a diverse set of projects across multiple markets.
Work on drives for laptops and unmanned aerial vehicles will protect data at rest.
In its first year as an independent company, ITT spinoff ranks No. 422 on list of top revenue-producers.
Exelis-led team will develop new approach procedures at five U.S. airports
Acquired company will become part of Exelis Geospatial Systems division’s power-solutions business.