exelis inc (XLS) Key Developments
Grand Rapids Selects Exelis C4i Radio Dispatch Console System for Emergency Communications Centers
Dec 5 13
Exelis C4i, a business unit of Exelis Inc. selected by the City of Grand Rapids, Mich., to provide its radio dispatch console system to the Grand Rapids and Kent County emergency 911 call centers. The Exelis radio dispatch console system, called SwitchplusIP, will enable both call centers to support emergency calls even if one of the centers requires an evacuation. The system will use a fiber link between the two centers enabling communications access to each agency's radio systems. Establishing this critical network provides additional disaster recovery options for both agencies in the event of a necessary evacuation of either facility. The system uses VoIP technology to integrate legacy and modern communications equipment. SwitchplusIP allows an operator to access multiple radio assets, telephone calls, and other inter-site communications from a single headset and user interface. Thus delivering advanced conferencing capabilities when system reliability, rapid response time and comprehensive interoperability are critically needed. SwitchplusIP is fault tolerant and has network redundancy at every end-point. The backup design allows for continuous operations in severe weather that may eliminate systems or radio sites.
Science Applications International Corp., Battelle Memorial Institute, Booz Allen Hamilton, Exelis Inc., Northrop Grumman Systems Corp., Wintec Arrowmaker, Inc., and Technical and Project Engineering LLC Receives Contract for Research Laboratory's Unique Mission Cell Requirements
Dec 5 13
Science Applications International Corp., Battelle Memorial Institute, Booz Allen Hamilton, Exelis Inc., Northrop Grumman Systems Corp., Herndon, Va., Wintec Arrowmaker, Inc., Technical and Project Engineering LLC were awarded an $80,000,000 cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract modification. The modification increases the award ceiling from $400,000,000 to $480,000,000 in order to support the Army Research Laboratory's increased unique mission cell requirements. Funding and location will be determined with each order. Army Contracting Command, Research Triangle Park, N.C., is the contracting activity.
Alion Science and Technology Corp., Applied Research Associates, Inc., Engility Corporation, Exelis Inc., Northrop Grumman Systems Corporation, Raytheon Co. and Leidos, Inc. Wins the $4 Billion Federal Contract
Dec 4 13
Alion Science & Technology Corp., Burr Ridge, Ill., was awarded a share of a federal contract valued at up to $4 billion by the Defense Threat Reduction Agency, Research and Development Contracting Office, Fort Belvoir, Va., for delivery/task orders to procure research and development, providing scientific and technological solutions to meet the DoD's non-proliferation, counterproliferation, and consequence
management objectives. Applied Research Associates, Inc., Engility Corporation, Exelis Inc., Northrop Grumman Systems Corporation, Raytheon Co. and Leidos, Inc. shared in the award amount.
Exelis Receives Contract Valued at More Than $7.5 Million to Provide Transportable Air Traffic Management System to Swedish Armed Forces
Dec 2 13
Exelis has received a contract valued at more than $7.5 million to provide transportable ground control approach capabilities to support Sweden's Deployable Airfield Unit (DAU). With this contract, the company continues to extend its leadership in the growing field of intelligence, surveillance, reconnaissance and analytics to serve the needs of customers in global markets. The Exelis GCA-2000 solution will significantly improve the DAU's situational awareness and ability to quickly deploy and manage airspace operations. This will be Sweden's second transportable, solid-state, electronically scanned system with three radar functions -- primary surveillance, precision approach, and secondary surveillance -- in a single, standalone unit. The GCA-2000 also provides Sweden with global compatibility and NATO standardization with systems operating at 11 other sites across Europe.
Exelis Inc. Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013; Provides Earnings Guidance for 2013
Nov 12 13
Exelis Inc. announced earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the company reported net income of $80 million or $0.41 per diluted share compared to $88 million or $0.47 per diluted share, for the same quarter ended September 30, 2012. Total revenue was $1.14 billion compared to $1.36 billion for the same quarter ended September 30, 2012.
For the nine months, the company reported total revenue of $3.58 billion compared to $4.16 billion for the same period ended September 30, 2012. Net income was $202 million or $1.06 per diluted share compared to $244 million or $1.30 per diluted share for the same period ended September 30, 2012.
The company has updated its guidance for 2013 and expects revenue to be in the range of $4.9 billion and $5.0 billion.