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Stock Market & Financial Investment News

News Breaks
May 22, 2014
08:03 EDTXLSExelis selected by DHS to provide information technology services
A team led by Exelis has been selected by the Department of Homeland Security as one of several prime contractors to provide critical information technology services to support the execution of its mission. Under the Enterprise Acquisition Gateway for Leading Edge Solutions -- EAGLE II -- contract, the Exelis team will compete with other prime contract awardees for task orders on the IDIQ contracts in Functional Category 1, Service Delivery on the Unrestricted Track. Services under FC include system design, development, implementation, and integration; software design and development; as well as operations and maintenance.
News For XLS From The Last 14 Days
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March 30, 2015
10:03 EDTXLSHarris re-files notification, report form with DOJ on Exelis merger
As previously disclosed, on February 5, Harris Corporation (HRS) entered into an agreement and plan of merger with Exelis (XLS) and filed the notification and report forms required under the HSR Act with the Department of Justice and the Federal Trade Commission on February 24. Harris stated in a regulatory filing that on March 20 the company withdrew the Initial Filing, and on March 24, Harris re-filed the notification and report form with the DOJ and the FTC. Due to the re-filing, the waiting period under the HSR Act is currently scheduled to expire on April 23, unless otherwise extended or terminated. Harris continues to expect the closing of the transaction to occur in June, the company noted.

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