Stock Market & Financial Investment News

News Breaks November 2, 2012 07:05 EDT XLS ITT Exelis affirms FY12 adjusted EPS $1.80-$1.86, consensus $1.82 Sees FY12 revenue near the high end of $5.4B-$5.5B range, consensus $5.49B. News For XLS From The Last 14 Days Check below for free stories on XLS the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. June 17, 2013 08:17 EDT XLS Aireon signs data processing contract with ITT Exelis Aireon announced that it has signed a 17-year, $42M agreement with ITT Exelis (XLS) to provide the Automatic Dependent Surveillance-Broadcast, or ADS-B, data processing and distribution component of the Aireon system. This contract further extends the ongoing relationship with Exelis, who also provides systems engineering services for Aireon. Aireon, a joint venture between Iridium Communications Inc. (IRDM) and NAV CANADA, will take advantage of the hosted payload space on Iridium NEXT, Iridium's second-generation satellite constellation. 06:02 EDT XLS ITT Exelis receives contract from Lockheed Martin F-35 program Subscribe for More Information June 13, 2013 07:13 EDT XLS ITT Exelis price target raised to $17 from $13.50 at Jefferies Jefferies says ITT Exelis' actions coupled with a tick up in interest rates should lower the company's pension liability. The firm sees revenue visibility and views shares as undervalued. Jefferies upped its price target for ITT Exelis to $17 and keeps a Buy rating on the stock. June 6, 2013 11:31 EDT XLS ITT Exelis awarded $125M by U.S. Navy to provide aircraft Subscribe for More Information 08:31 EDT XLS UBS to host a conference Subscribe for More Information June 4, 2013 11:03 EDT XLS ITT Exelis awarded $788M contract to operate, protect military networks Subscribe for More Information 09:09 EDT XLS ITT Exelis awarded contract for global satellite communications system The Defense Information Systems Agency has awarded ITT Exelis a contract to develop a global netted communications capability for the agency’s Distributed Tactical Communications System. Exelis will provide the Department of Defense and other high-priority/special users with a satellite-based, global "push-to-talk” netted-communications service for voice and data. Work for the contract, which was awarded on May 3, will be performed at the Exelis facility in Dulles, Virginia, and is expected to be demonstrated in 2014. Sign up for a free trial to see the rest of the stories you've been missing.