Exelis board approves $0.1033 per share dividend for the third quarter of 2014

MCLEAN, Va. — (BUSINESS WIRE) — August 12, 2014 — The Board of Directors for Exelis ( NYSE: XLS) has declared a cash dividend of $0.1033 per share for the third quarter of 2014. The dividend will be payable on Oct. 1, 2014 to shareholders of record on Aug. 29, 2014.

About Exelis

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 positioning and navigation, sensors, air traffic management solutions, image processing and distribution, communications and information systems; and focused on strategic growth in the areas of critical networks, ISR and analytics, electronic warfare and composite aerostructures. Headquartered in McLean, Va., Exelis employs about 17,000 people and generated 2013 sales of $4.8 billion. For more information, visit our website at www.exelisinc.com or connect with us on Facebook, Twitter and YouTube.



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Exelis
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Katy Herr, 703-790-6376
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B.J. Talley, 703-790-6349
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