ITT Exelis An Awardee On Global Tactical Advanced Communication Systems Contract

ITT Exelis (NYSE: XLS) has been selected as an awardee on the GTACS (Global Tactical Advanced Communication Systems and Services) indefinite-delivery, indefinite-quantity contract with a potential ceiling of $10 billion.

The five-year multiple task order contract was issued by the U.S. Army’s PEO C3T (Program Executive Office Command, Control and Communications-Tactical). It calls for the rapid acquisition of a wide range of tactical command, control and communications systems, hardware, software, engineering services and logistics support services.

The awardees will also provide support to other Department of Defense organizations and U.S. federal government agencies in a variety of areas. The contract structure allows for competitive delivery order awards for C3 solutions among pre-qualified contractors in a cost-effective and timely manner, maintaining competition throughout the term of the contract period.

“The initial task orders from this contract are expected to be released in 2013 and will fall under the three key task areas of Development, Production and Deployment, and Sustainment,” said Bob Durbin, acting vice president and general manager of the Exelis communications and force protection systems business area. “As a flexible and agile company with affordable and ready now solutions, we are uniquely suited to meet our Army customer’s needs under this contract helping them meet demanding mission requirements.”

There were a total of 20 awardees falling into two categories of large and small companies. Of those 20, 14 were large and 6 were small companies.

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.

Copyright Business Wire 2010

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