Exelis Secures Military Contract

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Fort Wayne-based Exelis Inc. (NYSE: XLS) has landed a more than $7 million contract for radar signal simulators. The deal involves the U.S. Navy and the governments of Australia and Brazil. November 21, 2013

News Release

FORT WAYNE, Ind. - Exelis Inc., Fort Wayne, Ind., is being awarded a $7,028,919 indefinite-delivery/indefinite-quantity contract for the procurement of up to 62 radar signal simulators in support of the MH-60R and S70-B aircraft for the U.S Navy (33), the Government of Australia (27), and the Government of Brazil (2) under the foreign military sales program. Work will be performed in Fort Wayne, Ind., and is expected to be completed in November 2017. FMS funds in the amount of $1,093,932 are being obligated on this award, none of which will expire at the end of the current fiscal year. This contract was not competitively procured pursuant to the FAR 6.302-1. The Naval Air Warfare Center Aircraft Division, Lakehurst, N.J., is the contracting activity (N68335-14-D-0005).

Source: U.S. Department of Defense