ITT Exelis ( NYSE: XLS) has received a $6.5 million award to supply a radar system to the U.S. Coast Guard. The radar will support the service’s maritime reconnaissance mission.
Integrated on the new HC-130J Super Hercules long-range surveillance aircraft, the AN/APY-11 multimode radar is designed to support the Coast Guard’s changing missions, including long-range surveillance, drug interdiction and counterterrorism.
First provided to the Coast Guard under a 2005 contract award, the AN/APY-11 multimode radar is produced by Exelis and partner ELTA Systems Ltd.
“Our multimode radar system is the most effective maritime surveillance radar in its class,” said Peter Martin, director of Programs, Defense Systems, for the Exelis Electronic Attack & Release Systems business. “As the Coast Guard’s mission continues to grow, our radar will adapt to evolving operational requirements.”The HC-130J aircraft performs maritime surveillance in areas that cannot be patrolled efficiently by medium-range surveillance aircraft or cutters. The aircraft also provides heavy air transport for maritime safety and security teams, port security units and National Strike Force personnel and equipment. About ITT Exelis Exelis is a diversified, top-tier global aerospace, defense, information and technical services company that leverages a 50-year legacy of deep customer knowledge and technical expertise to deliver affordable, mission-critical solutions for global customers. We are a leader in communications, sensing and surveillance, critical networks, electronic warfare, navigation, air traffic solutions and information systems with growing positions in C4ISR, composite aerostructures, logistics and technical services. Headquartered in McLean, Va., the company employs about 19,900 people and generated 2012 sales of $5.5 billion. For more information, visit our website at www.exelisinc.com or connect with us on Facebook, Twitter and YouTube.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- 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 + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV