Exelis ( NYSE: XLS) has received a five-year, $121.8 million contract for end-to-end systems engineering support for Navy command, control, communications, computers and intelligence systems. The Fleet Readiness Directorate of the U.S. Navy Space and Naval Warfare (SPAWAR) Systems Command, San Diego, Calif., made the award.
Called the Fleet Systems Engineering Team (FSET), the cost-plus-fixed-fee task order under the Navy’s SeaPort-enhanced indefinite-delivery, indefinite-quantity, multiple award contract could run through Sept. 2018. It includes the base year plus two option years and two potential award periods. The services include communications and network support for maritime operations centers, network operations centers, satellite earth terminals, and globally deployed Navy vessels.
“We have a long and successful history of providing critical network and communications support to our customers around the world,” said Ken Hunzeker, president of the Mission Systems division of Exelis. “This selection is a critical part of our work with the naval services and positions us to be able to provide this service to the Navy and Marine Corps globally.”
Exelis is a global leader in critical network support, providing services and solutions to government customers at locations in the U.S. and overseas. Work on the FSET program will be performed in the U.S., Japan, Bahrain, and Italy.About Exelis Exelis is a diversified, top-tier global aerospace, defense, information and 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 timing and navigation, sensors, air traffic solutions, image processing and distribution, communications and information systems, logistics and technical services; and we are focused on strategic growth in the areas of critical networks, ISR and analytics, electronic warfare and composite aerostructures. Headquartered in McLean, Va., Exelis employs about 19,000 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 Plus 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