ITT Exelis (XLS) (XLS)

[RobinT]

$xls. This is one solid company! Glad to see its stock building!

[tomj1]

Exelis (NYSE: XLS ) won the largest award of all, a massive $463.2 million, cost-plus-award-fee, multiyear, option-filled contract to provide Kuwait Base Operations and security support services to U.S. Army forces stationed in Kuwait.
stock should rocket tomorrow Yessssssssss!!!!!

[RobinT]

XLS. Looks like this is turning around. Also the governement contracts are well placed for next year...despite fiscal cliff clouds.

[CIKTrader]

Roanoke County's ITT Exelis laying off 201 workers
The military contractor said cuts by the government necessitated the reductions.

http://www.roanoke.com/news/roanoke/wb/315267

[RobinT]

$xls. THERE HAS BEEN ALOT OF NEWS ABOUT NEW CONTRACTS THIS LAST MONTH....WHY HAS THE STOCK PRICE BEEN GOING DOWN? I ALSO SAW zack LISTS IT AS A SELL???? ANYONE KNOW WHAT'S HAPPENING HERE?

[traderchang]

Nice action....nice chart !!

Chang

[ICEQUITY]

ITT Exelis Wins $160 Million Information Technology Contract
Date : 02/14/2012 @ 10:00AM
Source : Business Wire
Stock : ITT Exelis (XLS)
Quote : 10.27 0.06 (0.59%) @ 2:47PM

ITT Exelis Wins $160 Million Information Technology Contract
Exelis Inc. Common Stock New (NYSE:XLS)
Intraday Stock Chart
Today : Wednesday 15 February 2012

ITT Exelis (NYSE: XLS) has been awarded a $160 million U.S. Army contract to provide information technology support and IT services to the U.S. Army Europe, U.S. European Command, and U.S. Africa Command areas of responsibility.

The Operations, Maintenance and Supply – Europe, or OPMAS-E contract, awarded by the U.S. Army Contracting Command, Fort Huachuca, Ariz., includes the base period of six months and four, one-year option periods. This award, a recompete contract, is a testament of customer confidence in Exelis performance.

“Providing IT services to our nation’s warfighters is vital,” said Ken Hunzeker, president of the Mission Systems division of ITT Exelis. “We have a proven record of solid performance, and this selection allows us to continue a long-standing tradition of exceptional IT support and related services to our European-based customers.”

Under the OPMAS-E contract, the Mission Systems division of Exelis will continue to provide IT operations, maintenance and logistics support for the Army’s 5th Signal Command and its subordinate units. Other military services and customers, to include U.S. Army Cyber Command, NATO, and the Missile Defense Agency, will likewise receive support.

The firm-fixed-price, cost-plus-award fee contract requires operations, maintenance, and logistics support for the defense information infrastructure throughout the U.S. Army European Theater. It includes the Global Information Grid, the Defense Red Switch Network, air traffic control and systems management, and maintenance of American Forces Television. Exelis is also responsible for operating the Army Europe Facility Control Office, performing information assurance and cybersecurity, and maintaining satellite communication terminals in deployed locations.

This work will be performed in multiple locations throughout Europe and Africa by the Exelis OPMAS-E program management office based in Mannheim, Germany.

The Mission Systems division of Exelis is a global leader in providing service, support and logistics for U.S. government facilities, vehicles, equipment, ranges, communication networks and information systems.

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 21,000 people and generated 2010 revenue of nearly $5.9 billion. www.exelisinc.com
http://ih.advfn.com/p.php?pid=nmona&article=51182258