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Stock Market & Financial Investment News

News Breaks
December 11, 2012
17:29 EDTXLSITT Exelis announces $100M share repurchase program
The Board of Directors for ITT Exelis has authorized a share repurchase program. Under the program the company may repurchase up to $100M of the company's common stock from December 11 through December 31, 2015 with the primary objective to offset dilution from equity awards made by the company. Share repurchase transactions may be made from time to time during the defined time period at the discretion of company management and in accordance with all applicable federal securities laws. The timing of repurchases and the exact number of shares of common stock to be purchased will depend upon market conditions and other factors. This program may be extended, suspended or discontinued at any time without prior notice.
News For XLS From The Last 14 Days
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July 21, 2014
09:03 EDTXLSExelis receives $9M contract
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July 14, 2014
13:35 EDTXLSExelis awarded $32M U.S. Air Force contract
Exelis has been awarded a $32M contract by the U.S. Air Forces in Europe for maintenance services at the government family housing facilities within the Kaiserslautern Military Community in Germany. The 700th Contracting Squadron from Kapaun Air Station in Kaiserslautern is the contracting agency. This is a combination contract with firm-fixed price and cost-reimbursable elements. It includes the base year plus four option years that run through September 2019. Exelis will provide all necessary support to maintain more than 1,900 family housing units at Landstuhl, Ramstein Air Base and Vogelweh Military Housing Complex, also known as Kaiserslautern Military Community Housing.

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