Exelis successfully completes spin-off of Vectrus, Inc.

MCLEAN, VA., — On September 27, 2013 Exelis completed its spin off of part of its Information and Technical Services segment, formerly known as Exelis Mission Systems, into an independent public company, named Vectrus. The record date for the transaction was September 18, 2014 and the distribution date for shares of Vectrus was September 27, 2018.

Exelis retains a portfolio of mission critical, affordable and platform agnostic products and services for managing global threats, conflicts and complexities. The business will focus future investments on strengthening its four strategic growth platforms of Critical Networks; ISR & Analytics; Electronic Warfare; and Aerostructures. These growth platforms, which have been strategically aligned with future customer requirements, are supported by the company’s most differentiated and enduring C4ISR capabilities such as global intelligence, surveillance and reconnaissance systems, networked communications, integrated electronic warfare, and engineering and professional services.

Vectrus will be a new, independent company that provides infrastructure asset management, information technology and network communication services, and logistics and supply chain management. As a pure-play services provider, the new company will capitalize on more than 50 years of experience delivering service solutions to a wide range of customers. With employees currently operating in more than 100 locations in 18 countries, Vectrus is well-positioned to deliver a broad range of capabilities as an independent entity. From facilities management and full spectrum logistics support to operating and maintaining networks and communication infrastructure, the new company will leverage its reputation and decades-long track record as a leading provider of services to the U.S. government to offer a unique value proposition based on efficiency, operational excellence and cost-effectiveness.