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Pentagon Awards $453 Million in Defense Contracts Thursday
Rich Smith, The Motley Fool - Motley Fool - Thu Mar 13, 8:21PM CDT
The Department of Defense awarded 13 separate defense contracts Thursday, worth $453.2 million in total. Among the publicly traded companies winning contracts: Exelis was awarded a $91.7 million option exercise for the manufacture and...

Exelis settles GPS patent infringement claim against Blackberry
Business Wire - Wed Mar 12, 2:57PM CDT
Exelis (NYSE: XLS) has reached a license agreement with Blackberry regarding patent infringement claims related to Exelis assisted Global Positioning System (GPS) technology. The license agreement resolves all issues regarding the company's claim that the mobile devices and components sold or supported by Blackberry, incorporating assisted GPS technology, infringed Exelis patent rights. Specific details of the license agreement will remain confidential.

Exelis GPS threat detection capability helped to safeguard Super Bowl XLVIII
Business Wire - Wed Mar 12, 2:08PM CDT
Signal Sentry 1000, an Exelis (NYSE: XLS) product that detects and locates GPS interference sources in 3-D by using longitude, latitude and altitude, was deployed during Super Bowl XLVIII at the MetLife Stadium in East Rutherford, N.J.

Software Launches, Company Promotions, Financial Standings, and Prestigious Awards - Analyst Notes on Northrop Grumman, Textron, TASER International, Hexcel, and Exelis
PR Newswire - Wed Mar 12, 7:00AM CDT
Today, Analysts Review released its analysts' notes regarding Northrop Grumman Corporation (NYSE: NOC), Textron Inc. (NYSE: TXT), TASER International Inc. (NASDAQ: TASR), Hexcel Corp. (NYSE: HXL) and Exelis, Inc. (NYSE: XLS). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register

SEC Form 10 registration statement filed for planned spinoff of Exelis Mission Systems business
Business Wire - Mon Mar 10, 11:04AM CDT
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 the coming weeks.

Exelis Deploys Symphony(R) Data and Application Suite at Boston Logan International Airport to Improve Aircraft and Airport Safety and Efficiency
Business Wire - Mon Mar 10, 8:01AM CDT
The Massachusetts Port Authority (Massport) has renewed and expanded its contract with Exelis (NYSE:XLS) to deploy a comprehensive package of situational awareness, decision-support, operations management and environmental compliance solutions. Under this contract, Exelis, a global leader in providing critical network solutions, will deliver the Symphony(R) suite of integrated applications to Boston Logan International Airport and Laurence G. Hanscom Field Airport. Hanscom is the largest general aviation airport in New England.

Albritton of Exelis named to 'Top 100 Most Influential Blacks in Corporate America' list
Business Wire - Tue Mar 04, 12:09PM CST
Exelis (NYSE: XLS) Vice President and Chief Communications Officer David Albritton has earned a place on Savoy Magazine's Top 100 Most Influential Blacks in Corporate America list.

Spirit Airlines selects Exelis aircraft surveillance solution for fleet tracking
Business Wire - Mon Mar 03, 7:00AM CST
Spirit Airlines has selected the Exelis (NYSE:XLS) aircraft surveillance solution, known as Symphony(R) OpsVue(TM), 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.

Exelis reports fourth-quarter and full-year 2013 financial results; provides financial guidance for 2014
Business Wire - Fri Feb 28, 5:15AM CST
--2013 funded backlog increased to $3.4 billion, a 17 percent increase over full-year 2012

Exelis Senior Vice President and Chief Financial Officer Peter Milligan to present at J.P. Morgan 2014 Aviation, Transportation and Industrials Conference
Business Wire - Thu Feb 27, 7:30AM CST
Exelis (NYSE: XLS) today announced that Senior Vice President and Chief Financial Officer Peter Milligan will present at the J.P. Morgan 2014 Aviation, Transportation and Industrials Conference in New York City on Wednesday, March 12th, 2014 at 11:00 a.m. EDT.

Exelis to supply Pakistan with more components for electronic warfare systems
Business Wire - Tue Feb 25, 11:30AM CST
Exelis (NYSE: XLS) has received $9 million from the U.S. Air Force to supply spare components for electronic warfare (EW) technology provided to Pakistan under an existing contract.

Exelis receives contract worth more than $34 million from Sikorsky for key CH-53K helicopter components
Business Wire - Tue Feb 25, 7:03AM CST
Exelis (NYSE: XLS) has been awarded a contract valued in excess of $34 million from Sikorsky to produce major structural airframe components for four production-representative CH-53K heavy lift helicopters. Designated as System Demonstration Test Articles (SDTA), the four aircraft will enable the U.S. Marine Corps to conduct operational evaluation of the new helicopter system beginning in 2017.

Exelis awarded contract to support US Navy minesweeping solutions
Business Wire - Mon Feb 24, 1:30PM CST
Exelis (NYSE: XLS) has received a contract valued at more than $13 million to provide the Naval Surface Warfare Center, Crane, Ind., with depot level repair, maintenance and modifications for two mine defense systems currently fielded with the U.S. Navy. The IDIQ (indefinite-delivery, indefinite-quantity) contract includes options, which if exercised, would bring its total value to more than $53 million.

Allianz Life Promotes Renee West to Senior Vice President of Actuarial
Business Wire - Fri Feb 21, 10:14AM CST
Allianz Life Insurance Company of North America (Allianz Life) promoted Renee West to senior vice president of the Actuarial division. West is responsible for building competitive new products while ensuring the company's profitability targets are met and risks are understood. Her promotion reflects the significant results she has brought to Allianz Life. West pioneered the company's use of dynamic hedging, leading to the creation of the Allianz Life internal hedging platform. She also led the development of the company's most successful fixed index annuity, which was also an industry-leader for nearly 10 years.

Exelis promotes Dr. Pamela Drew, leader of the company's Information Systems business, to executive vice president
Business Wire - Thu Feb 20, 2:40PM CST
Exelis (NYSE: XLS) has promoted Dr. Pamela Drew, who joined Exelis in January 2013, to the role of executive vice president. Drew will retain her role as president of the company's Information Systems business, a leading provider of advanced engineering services and integrated network solutions throughout the full life cycle of mission critical networks - including system development, deployment, integration, operations, maintenance and sustainment capabilities for defense and intelligence systems, air traffic management, space and earth science, and homeland defense. As president of Information Systems, she is also responsible for the strategic direction and execution of Critical Networks - one of four Exelis Strategic Growth Platforms.

Exelis board approves $0.1033 per share dividend for the first quarter of 2014; sets date for 2014 annual shareholder meeting
Business Wire - Thu Feb 20, 11:12AM CST
The Board of Directors for Exelis (NYSE: XLS) has declared a cash dividend of $0.1033 per share for the first quarter of 2014. The dividend will be payable on April 1, 2014 to shareholders of record on March 14, 2014.

Exelis to announce 2013 fourth-quarter and full-year financial results Feb. 28
Business Wire - Fri Feb 14, 8:00AM CST
Exelis (NYSE: XLS) will announce its 2013 fourth-quarter and full-year financial results at 6:15 a.m. EST Friday, Feb. 28, 2014. Management will conduct an investor briefing and conference call at 10 a.m. EST on the same day.

Primero Reports Fourth Quarter and Full Year 2013 Results, With Highest Revenues and Lowest Cash Costs in Its History in 2013
Marketwire - Thu Feb 13, 6:01AM CST
Primero Mining Corp. ("Primero" or the "Company") (TSX: P)(NYSE: PPP) today reported financial and operational results for the fourth quarter and year ended December 31, 2013. Despite the commodity price decline in 2013 it was a successful year for Primero, with record production driving an increase in revenue over 2012. The Company reported record revenues of $200.3 million and strong adjusted net earnings1 of $38.7 million ($0.36 per share) in 2013.

Ultralife Corporation Reports Fourth Quarter Results
GlobeNewswire - Thu Feb 13, 6:00AM CST
Ultralife Corporation (Nasdaq:ULBI) reported operating income from continuing operations of $0.2 million on revenue of $20.2 million for the quarter ended December 31, 2013. For the fourth quarter of 2012, the company reported operating income from continuing operations of $2.4 million on revenue of $29.3 million.

ARC Announces FareSight Sale to Exelis, Inc.
PR Newswire - Wed Feb 12, 3:12PM CST
ARC announced today that Exelis, Inc. is the first organization to purchase FareSight(TM), ARC's Web-based tool for corporate air travel optimization. Exelis based its purchase on its successful beta testing experience last year.

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