Exelis awarded $517 million U.S. Army information technology contract

Exelis (NYSE: XLS) has been awarded a $517 million contract for enterprise information management and information technology support services by the U.S. Army Corps of Engineer (USACE) 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.

“We look forward to providing world-class information technology and information management to the Corps of Engineers’ critical networks in support of this very important award,” said Ken Hunzeker, president of the Mission Systems division of Exelis, which is expected to spin off as a standalone company called Vectrus later in the year. “Our network infrastructure support capability is well-developed and well-tested and we are thoroughly committed to providing this important customer with superior performance.”

About Exelis

Exelis is a diversified, top-tier global aerospace, defense, information and services company that leverages a 50-year legacy of deep customer knowledge and technical expertise to deliver affordable, mission-critical solutions for global customers. We are a leader in positioning and navigation, sensors, air traffic management solutions, image processing and distribution, communications and information systems; and focused on strategic growth in the areas of critical networks, ISR and analytics, electronic warfare and composite aerostructures. Headquartered in McLean, Va., Exelis employs about 17,000 people and generated 2013 sales of $4.8 billion. For more information, visit our website at www.exelisinc.com or connect with us on Facebook, Twitter and YouTube.