Boston, MA 10/04/2013 (wallstreetpr) – Exelis Visual Information Solutions, Exelis Inc (NYSE:XLS)’s subsidiary develops IDL and ENVI software. It will now deliver data and image visualization analysis-software packages to NASA via a BPA. This blanket purchase agreement consolidates over 800 different contracts in 1 annual-transaction. It will save the agency resources and time in its license-administration. It also makes IDL and ENVi more easily accessible to contractors who are researching different climate related issues. NASA employees will also be benefited by the easy access they will have to these systems.
Exelis Visual Information Solutions’ president, Jaye Lampe said that NASA has been using the company’s software for more than 3 decades now and these systems have helped NASA push the limits of discovery and scientific exploration on earth as well as in space. He said that the company is proud that they can help make geospatial data and imagery an integral-part of the organization’s mission.
Thursday’s trading
In Thursday’s trading, Exelis Inc (NYSE:XLS) Alcoa Inc (NYSE:AA) dropped by 1.02%. The shares opened at a price of $16.03, climbed to an intraday high of $16.08 and dipped to a close of $16.00. Approximately 1.95 million shares were traded on Thursday while an average volume of 1.85 million shares were traded over a 30 day period. The 52-week low of the company’s shares is $10.08 and its 52-week high is $16.15. The company has a market capitalization of $3.01 billion.
About the company
Exelis Inc (NYSE:XLS) was incorporated on 4 May 2011. It is involved in Command, Intelligence, Control, Computers, Communications, Surveillance and Reconnaissance-related systems and product, information as well as technical services. These are supplied to government, military, and commercial-customers in the U.S and across the world. Exelis Inc (NYSE:XLS)’s customers include the U.S DoD, including the United States Navy, Army, Air Force and Marines and its prime-contractors, NASA, the United States Government intelligence agencies, Federal Aviation Administration, allied foreign governments and foreign and domestic commercial-customers. As a prime-contractor, sub-contractor, or a preferred-supplier, it participates in various high-priority defense as well as non-defense programs in the U.S. In January 2013, it acquired C4i Pty. Ltd.
