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Business/Financial

Exelis Acquires Small Firm With Expertise In C4ISR Data Sharing

By Cal Biesecker

Thursday, June 12th, 2014

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Exelis Acquires Small Firm With Expertise In C4ISR Data Sharing

Tell Gates, CEO of Celestech, will remain with the company. Photo: Celestech

Exelis [XLS] on Thursday said it has acquired the development and engineering firm Celestech, which has expertise in signals processing and communications to bolster data sharing in the C4ISR realm. Terms of the deal were not disclosed. An Exelis spokeswoman told Defense Daily that Celestech has 25 employees and had $6.2 million in sales last year. Celestech is focused on research and development efforts and creating technologies that are “attractive” to Exelis, the spokeswoman said in an email response to…

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