Exelis receives $9M contract Exelis received a contract valued at more than $9M to provide advanced military air traffic management capabilities to the Saudi Arabian National Guard. Under this foreign military sales contract, Exelis will supply the GCA-2020 precision ground control approach radar to support the SANG’s growing aviation mission requirements. The contract was awarded by the U.S. Air Force Life Cycle Management Center, Hanscom Air Force Base, Massachusetts.
Exelis reports Q3 adjusted EPS 32c, consensus 29c Reports Q3 revenue $1.07B, consensus $777.55M. The company earned $1.5 billion in funded orders during the third quarter, including new business in its strategic growth platforms.