[April 16, 2012]

ITT Exelis, Boeing to assume separate roles for next phase of Next Generation Jammer development effort

Next Generation Jammer (NGJ) development efforts between ITT Exelis (NYSE: XLS) and The Boeing Company (NYSE: BA) are concluding with the successful completion of the current technology maturation phase.

This amendment was made based on recent acquisition changes and streamlining of the NGJ program. The Exelis-Boeing (News - Alert) NGJ team has concluded that to best serve the U.S. Navy's overall electronic attack capability objectives, Exelis will continue to focus on developing technologies critical to the NGJ program. Boeing will concentrate its efforts on integration of the jammer on the EA-18G Growler electronic attack aircraft.

"The technologies that have been created and tested by the Exelis-Boeing NGJ team are at the cutting edge of electronic attac," said Robert Ferrante, vice president and general manager of Exelis Electronic Systems' airborne electronic attack business. "Exelis will continue to expand on the technical accomplishments made during technology maturation and we are committed to ensuring the NGJ program has unmatched capability to support this critical mission."

The system will be flown initially on the EA-18G aircraft, but will also be adaptable for integration on future platforms.

"The Exelis and Boeing NGJ team successfully developed and demonstrated advanced electronic attack technologies that will enhance future electronic attack capabilities for the joint warfighter," said Rick Martin, Boeing's Advanced Military Aircraft chief engineer. "Boeing will continue to support warfighter requirements through a focused effort that ensures effective integration of NGJ capabilities with the Boeing EA-18G Growler."

About Boeing Defense, Space & Security

A unit of The Boeing Company, Boeing Defense, Space & Security (www.boeing.com/bds) is one of the world's largest defense, space and security businesses specializing in innovative and capabilities-driven customer solutions, and the world's largest and most versatile manufacturer of military aircraft. Headquartered in St. Louis, Boeing Defense, Space & Security is a $32 billion business with 63,000 employees worldwide.

About ITT (News - Alert) 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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