This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

ITT Exelis Successfully Completes Flight Testing For International AIDEWS

Stocks in this article: XLS

ITT Exelis (NYSE: XLS) announced another successful demonstration of its Advanced Defensive Electronic Warfare System (AIDEWS).

In a cooperative effort between the Chilean Air Force, U.S. Air Force, and Exelis, a series of multi-ship F-16 missions demonstrated the latest enhancements in the system’s air-to-air electronic warfare capability.

Pilots of Fuerza Area de Chile (FACh) Squadron N o 3 at Los Condores Air Base, Chile, flew six missions on F-16 Block 50 aircraft from July 4 to 18, 2012. Those missions effectively demonstrated the performance of AIDEWS Block 5.2 against multiple airborne fire control radars with overlapping operating frequencies. This flight effort culminates a year of planning and coordination by FACh and U.S. personnel, as well as extensive laboratory and flight testing in the U.S. At the conclusion of flight operations, FACh officials expressed confidence in AIDEWS as a “critical operational asset.”

This new, updated Block 5.2 configuration supports the upcoming delivery of combat capable electronic warfare mission data to five countries with AIDEWS equipped F-16s.

“Electronic warfare technology is constantly advancing,” said Stuart Altman, Exelis Electronic Systems business area lead for AIDEWS. “These test flight successes demonstrate our commitment to having the best possible technology to ensure our international allies can complete their missions, avoiding and defeating any threats, and returning safely.”

AIDEWS is built upon the proven ALQ-211 family of electronic warfare systems now in use to support a broad range of U.S. and allied defense customers on many aircraft. These include versions of the CV-22, MH-47, MH-60, F-16, Boeing 737s, NH-90, and several other platforms. The system is currently in full production with more than 160 systems under contract for six nations as part of the F-16 Foreign Military Sales program.

About ITT Exelis

ITT Exelis is a diversified, top-tier global aerospace, defense and information solutions company with strong positions in enduring and emerging global markets. Exelis is a leader in networked communications, sensing and surveillance, electronic warfare, navigation, air traffic solutions and information systems with growing positions in cyber security, composite aerostructures, logistics and technical services. The company has a 50-year legacy of innovation and technology expertise, partnering with customers worldwide to deliver affordable, mission-critical products and services for managing global threats, conflicts and complexities. Headquartered in McLean, Va., the company employs about 20,500 people and generated 2011 sales of $5.8 billion. www.exelisinc.com



1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs