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Stock Market & Financial Investment News

News Breaks
February 28, 2014
06:19 EDTXLSExelis reports Q4 adjusted EPS 44c, consensus 45c
Reports Q4 revenue $1.24B, consensus $1.34B
News For XLS From The Last 14 Days
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May 22, 2015
09:21 EDTXLSExelis shareholders approve acquisition by Harris
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09:04 EDTXLSExelis says DHS, Coast Guard to trial eLORAN
Exelis, UrsaNav, the Department of Homeland Security’s Science and Technology Directorate and the U.S. Coast Guard have entered into a cooperative research and development agreement for testing and demonstration at former LORAN-C sites. These sites are the legacy ground-based radio navigation infrastructure of the decommissioned LORAN-C service that could be retained and upgraded to provide eLORAN low frequency service. The team will evaluate eLORAN as a potential complementary system to the current Global Positioning System currently in wide use throughout the United States. The capabilities and potential utilization methods of eLORAN will be explored in depth to identify all strengths, capacities, and potential vulnerabilities of the technology.
May 21, 2015
12:20 EDTXLSExelis to host special shareholder meeting
Special shareholder meeting to approve the merger agreement with Harris Corporation will be held in McLean, Virginia on May 22 at 9 am.
May 20, 2015
11:45 EDTXLSExelis, Leidos selected for five-year DARPA ARC subcontract
Exelis (XLS) and Leidos (LDOS) have been selected to continue to evolve advanced technology development for the Defense Advanced Research Projects Agency's Adaptive Radar Countermeasures program. The five-year subcontract from Leidos could be worth up to $15.6M if all options are exercised. During this second phase of the program, Exelis will demonstrate the Leidos software-based algorithms with Exelis electronic warfare hardware in the loop test environment, showcasing an enhanced capability to electronically defend against emerging radar threats. The ARC program will enable U.S. airborne EW systems to detect and adaptively counter radar systems whose waveforms and behaviors are new, unknown or ambiguous.
May 18, 2015
07:46 EDTXLSExelis achieves factory acceptance testing for Aireon's ADS-B system
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