Exelis Services Company Spinoff to be Named Vectrus

Exelis (NYSE: XLS) announced today that the new publicly traded military and government services company that will result from the planned spin-off will be named Vectrus. Exelis previously announced the planned spinoff of its Mission Systems division, currently part of the company’s Information...Read more

ITT Exelis Awarded Base Operations Contract in Romania

The U.S. Navy Facilities Engineering Command for Europe, Africa and Southwest Asia, based in Naples, Italy, has awarded ITT Exelis (NYSE: XLS) a contract worth $5.7 million for base operations support services at Deveselu Air Base near Caracal, Romania. 

This is a combination firm-fixed-...Read more

ITT Exelis Begins Operations as a Publicly Traded Company

ITT Exelis (NYSE: XLS) today announced the completion of its spin-off from ITT Corporation and initiated operations as an independent, top-tier global aerospace, defense and information solutions leader with attractive positions in enduring markets. The $5.9 billion, 21,000-person company aims...Read more