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Stock Market & Financial Investment News

News Breaks
June 12, 2014
11:01 EDTXLSExelis completes acquisition of Celestech
Exelis announced it has completed the acquisition of Celestech, a privately held technology development and engineering firm. Celestech’s acquisition does not materially impact Exelis financial results for Q2, the company said.
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August 20, 2014
13:36 EDTXLSExelis awarded $517M U.S. Army contract
Exelis has been awarded a $517M contract for enterprise information management and information technology support services by the U.S. Army Corps of Engineer Research and Development Center, Vicksburg, Mississippi. The contract is a fixed-price incentive award and includes the base year, plus four one-year options that, if fully exercised, would extend the contract through August 2019. Exelis will provide information management and information technology support services to more than 37,000 USACE customers. Work will be performed in multiple locations that include USACE headquarters in Washington, D.C.; nine separate Engineer divisions, 44 Engineer districts -- and their associated field and area project offices -- and two data centers located in Mississippi and Oregon. The effort will also include rapid response and flexible support for emergency operations.

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