Exelis Board Approves $0.1033 Per Share Dividend for the Fourth Quarter of 2014

The Board of Directors for Exelis (NYSE:XLS) has declared a cash dividend of $0.1033 per share for the fourth quarter of 2014. The dividend will be payable on Jan. 2, 2015 to shareholders of record on Nov. 14, 2014.

About Exelis

Exelis is a diversified, top-tier global aerospace, defense and information solutions 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 approximately 10,000 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,LinkedIn and YouTube.

Contacts:

Exelis
Investors
Katy Herr, 703-790-6376
Katy.Herr@exelisinc.com
or
Media
B.J. Talley, 703-790-6349
William.Talley@exelisinc.com

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