ITT Exelis awarded contract to build payloads for the next-generation GPS III satellite constellation


ITT Exelis (NYSE: XLS) has been awarded a $32 million contract by Lockheed Martin to build the navigation payloads for the Global Positioning System III (GPS III) space vehicles three and four. Exelis announced in December 2011 that it had successfully integrated and performed the initial power up of the full-size payload prototype known as GPS III Non-Flight Satellite Testbed (GNST) Navigation Payload Element.

"Exelis payloads have been on board every GPS spacecraft--a period spanning nearly 40 years. We are tremendously proud to be a part of the next generation of GPS satellites," said Mark Pisani, vice president and general manager, Precision Instruments and Positioning, Navigation and Timing Systems, ITT Exelis Geospatial Systems. "Together with Lockheed Martin, Exelis is committed to providing our warfighters and commercial and civilian users more accurate and reliable capabilities that improve interoperability and jam-resistance."

Exelis was selected along with Lockheed Martin in 2008 by the U.S. Air Force to build the next-generation GPS III program. The GPS III team is led by the Global Positioning Systems Directorate at the U.S. Air Force Space and Missile Systems Center.

"The GPS III satellites and their superior navigation payloads are critical to sustaining and modernizing the GPS constellation and we are focused on delivering these spacecraft affordably and efficiently to meet the needs of more than one billion users worldwide," said Keoki Jackson, Lockheed Martin's GPS III program director.

Scheduled for first launch in 2014, GPS III satellites will deliver significant improvements compared with current GPS space vehicles. The GPS III program will affordably replace aging GPS satellites while improving capability to meet the evolving needs of military, commercial and civilian users worldwide. GPS III satellites will deliver better accuracy and improved anti-jamming power while enhancing the spacecraft's design life and adding a new civil signal designed to be interoperable with international global navigation satellite systems.

For more than 37 years, Exelis payloads and payload components have been on board every GPS satellite. They have accumulated more than 500 years of on-orbit life without a single mission-related failure.

ITT Exelis Geospatial Systems, headquartered in Rochester, N.Y., is a global supplier of innovative night vision, remote sensing, and navigation solutions that provide sight and situational awareness at the space, airborne, ground, and soldier levels. Key applications include image intensification and thermal imaging; advanced power supplies; multi-spectral image systems; weather and climate monitoring; space science; intelligence, surveillance and reconnaissance; GPS-based positioning, navigation and timing systems; and image exploitation software.

About ITT Exelis

ITT Exelis is a diversified, top-tier global aerospace, defense and information solutions company with strong positions in enduring and emerging global markets. Exelis is a leader in networked communications, sensing and surveillance, electronic warfare, navigation, air traffic solutions and information systems with growing positions in cyber security, composite aerostructures, logistics and technical services. The company has a 50-year legacy of innovation and technology expertise, partnering with customers worldwide to deliver affordable, mission-critical products and services for managing global threats, conflicts and complexities. Headquartered in McLean, Va., the company employs about 20,500 people and generated 2011 sales of $5.8 billion. www.exelisinc.com

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