ITT Exelis (XLS) Awarded $1.9 Million Naval Sea Systems Command Contract

January 11, 2012 1:51 PM EST
ITT Exelis (NYSE: XLS) has been awarded a $1.9 million Naval Sea Systems Command contract to design and deliver an improved airborne mine countermeasure common tow cable.

The Exelis airborne tow cable solution for the U.S. Navy’s MH-60S helicopter provides the service with the capability to conduct mine countermeasure operations safely from the air. One end of the tow cable attaches to the Navy’s multi-mission helicopter and the other connects to any of the following systems: the AN/ASQ-235 Airborne Mine Neutralization System, the AN/AQS-20A Sonar Mine Detecting Set and the AN/ALQ-220 Organic Airborne and Surface Influence Sweep. These systems are towed at high speeds through the water during mine clearing operations.


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