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TheStreet Open House

ITT Exelis Awarded Base Operations Contract In Romania

Stocks in this article: XLS

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-price with indefinite-delivery, indefinite-quantity contract. It includes the base year plus two options that run through December 2015. The services include base operations and administration, fire and emergency services, supply services, housing and environmental operations.

“We are very pleased to be selected as the base operations provider for the Navy’s Deveselu location,” said Ken Hunzeker, president of the Mission Systems division of Exelis. “We look forward to providing support to this critical foothold and to the Navy’s operations in central Europe and elsewhere.”

This was a new procurement and did not replace an existing contract. Exelis is a global leader in base operations, logistics and facility services at other U.S. government locations in the U.S. and overseas.

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.



Copyright Business Wire 2010

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