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Exelis announces new name for spin-off company

Exelis' Military Systems division is to be known as Vectrus once it spins off and becomes a separate entity this summer.
By Richard Tomkins   |   April 1, 2014 at 3:51 PM   |   Comments

April 1 (UPI) -- The new company created by the upcoming spin-off of Exelis’ Mission Systems division is to be called Vectrus, a military and government services company.

“We are pleased to introduce Vectrus today [Tuesday],” said Dave Melcher, president and chief executive officer of Exelis. “While the brand will be new to the market, the experienced Vectrus team will continue to build on a legacy of delivering infrastructure asset management, logistics and supply chain management services, as well as information technology and network communication services, to U.S. government customers worldwide.”

Exelis, an aerospace, defense and information services company, announced the planned spin-off late last year. It is expected to be completed this summer. It will have nearly 7,000 employees in more than 100 locations in 18 countries.

Once the spin-off is completed, Exelis will focus on its four strategic growth platforms: Critical Networks, ISR & Analytics, Electronic Warfare, and Aerostructures. It will also continue in its business areas of networked communications and night vision.

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