CLIFTON, N.J.--(EON: Enhanced Online News)--Exelis (NYSE: XLS) has signed a five-year Basic Ordering Agreement (BOA) valued at up to $42 million with the Naval Surface Warfare Center (NSWC), Crane, Ind. The agreement will provide the U.S. Navy with a streamlined, single point of contact contracting vehicle for all work performed by Exelis on behalf of NSWC Crane.
“Our customer will continue to receive world-class support from Exelis but with a more efficient and cost-effective contracting process.”
Under the agreement, Exelis has the opportunity to provide engineering, logistics and field and repair services for Exelis systems that support a wide range of missions in the surface, airborne, sub-surface, ground, space and cyber domains.
Exelis is the original equipment manufacturer for several electronic warfare and radar programs administered by NSWC Crane. Previously, support services, logistics and upgrades for these systems required individual contracts. Negating the need for separate contracts, the BOA will allow Exelis to meet customer needs with job orders issued against the new agreement.
“This agreement will help us better serve our customer by simplifying the acquisition process between Exelis and NSWC Crane,” said Joe Rambala, vice president and general manager of the Exelis integrated electronic warfare systems business. “Our customer will continue to receive world-class support from Exelis but with a more efficient and cost-effective contracting process."
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 critical networks, ISR and analytics, electronic warfare, navigation, sensors, air traffic solutions, communications and information systems and have strong positions in composite aerostructures, logistics and technical services. Headquartered in McLean, Va., the company employs about 19,000 people and generated 2012 sales of $5.5 billion. For more information, visit our website at www.exelisinc.com or connect with us on Facebook, Twitter and YouTube.