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Business/Financial

ITT Exelis Completes Acquisition Of Australian Communications Firm

Defense Daily Staff

Friday, February 1st, 2013

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ITT Exelis [XLS] yesterday said it has completed its $16.8 million acquisition of Australia’s C4i Pty. Ltd from the Longreach Group Limited, boosting its presence in Australia and bolstering its air traffic management portfolio with advanced communications software. C4i will become part of the Information Systems business of Exelis. “We look forward to synergies with our air traffic management business with an immediate focus on Australia’s oneSKY Australia initiative to combine civil and military air traffic control,” Pam Drew, president…

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