Exelis Company Overview

Exelis at a Glance 2014 Pro Forma Revenue: $3.3 billion Strengths Top-tier global defense, aerospace and information solutions company Large installed base of products & long-serving provider on key services programs Ready-now, affordable technologies Differentiated positions in sustainable markets – Critical Networks, ISR & Analytics, Electronic Warfare and Composite Aerostructures Platform/system agnostic C4ISR provider C4ISR Electronics & Systems 44% Information & Technical Services 56%

Strategic Priorities ISR & Analytics Electronic Warfare C4ISR Electronics & Systems (C4ISR) Information & Technical Services (I&TS) ISR & Analytics Electronic Warfare Critical Networks Collecting, processing, analyzing and disseminating geospatial data to enable high-confidence decisions for military, civil and commercial applications Developing solutions in the electromagnetic spectrum that enable mission success on land, in the air and at sea Aerostructures Legacy Businesses Developing and operating enterprise- level mission-critical network solutions for a wide range of civilian and government customers Agile design and production of high- performance, top-quality composite structures for civil and military aircraft Leveraging our heritage of night vision, networked communications & radar systems International & Commercial

Value Drivers Alignment with future customer needs Mission-critical networking and information solutions ISR and data analytics Airborne and sea-based electronic warfare Composite aerostructures Operating efficiency Continuous cost optimization Restructured operating model to increase agility Rationalizing back office processes and systems International and commercial growth Focused sales efforts on high-growth countries Technical solutions that meet the needs of the U.S. and allied countries Accelerated commercial growth via global aerostructures business Proven business model Reliable supplier of mission-critical products, services and solutions Product sustainment in large, installed base Differentiated positions in key markets Strong engineering and operations workforce

Experienced Management Team and Board Corporate Leadership Team David F. Melcher Chief Executive Officer & President Peter Milligan Chief Financial Officer John Procopio Chief Human Resources Officer Ann Davidson Chief Legal Officer, Corp. Secretary Bob Durbin Strategy and Corporate Development Business Leadership Team C4ISR I&TS David Albritton Chief Communications Officer Vince Thomas Operations James Wallace Chief Inclusion & Diversity Officer Rich Sorelle Electronic Systems Chris Young Geospatial Systems Board of Directors Pam Drew Information Systems Ralph F. Hake - Chairman Patrick J. Moore David F. Melcher Mark L. Reuss Herman E. Bulls R. David Yost John J. Hamre, Ph.D. Billie L. Williamson Paul J. Kern Nick Bobay Night Vision & Communications Solutions Mike Blair Aerostructures

Expanding Our Business in International Markets International Revenue by Region - 2014 Focused international business development in the Asia-Pacific region and Middle East International revenue accounted for 19% of total 2014 revenue 2014 international revenue grew 11% compared to 2013 Building international market positions through strategic acquisitions Middle East 25% Europe 41% Asia-Pacific 32% Americas 2%

Agility and Ingenuity for the 21st Century C4ISR Electronics & Systems (C4ISR) Information & Technical Services (I&TS) Electronic Systems Geospatial Systems Information Systems Providing Customers With: The ability to sense and deny multispectral threats to manned and unmanned aircraft, ships, submarines, ground vehicles and personnel. Providing Customers With: Next-generation imaging that integrates space, airborne and ground sensors into broader, coordinated systems with advanced data analytics. Providing Customers With: End-to-end, full life-cycle provider of mission-critical network development and sustainment solutions. Night Vision & Communications Solutions Aerostructures Providing Customers With: Networked communications and night vision systems, test and support capabilities, and interference mitigation solutions. Providing Customers With: Precision composite manufacturing and assembly solutions for complex aerospace applications, including primary airframe and wing structures, and components for missiles, spacecraft and engines.

C4ISR Electronics and Systems Segment Electronic Systems Geospatial Systems Integrated Electronic Warfare Systems > Rotary/fixed wing RF countermeasures > Advanced survivability with multi-spectral situational awareness > Shipboard countermeasures/decoys Geospatial Intelligence Solutions (GIS) > Geospatial intelligence enterprise > Geospatial intelligence services > Global situational awareness > Integrated real-time processing > Regional persistent surveillance > Universe exploration > Precision optics Integrated Sensing Solutions (ISS) > Air traffic control and 3D air defense radars for ground and shipboard applications > Electronic support measures, electronic intelligence and electronic countermeasures > Airborne multifunction apertures and sense & avoid radars Radar & Reconnaissance Systems Environmental Intelligence (EI) > Weather tracking > Weather data > Climate > Anti-submarine sonar systems > Command management & tactical data link systems > Minesweeping systems > Acoustic transducer design, manufacture & testing > Piezoelectric ceramics for commercial and medical applications Undersea Systems Positioning, Navigation & Timing (PNT), Precision Structures, and Analytical Instrumentation > PNT systems > Ion detectors > Power supplies > GPS interference detection & location > Space & ground-based composite solutions Electronic Attack & Release Systems > RF electronic attack > Weapon carriage/release systems for tactical aircraft, littoral ASW and UAV systems > Space-qualified sensors and microelectronics > Commercial and military antenna solutions Night Vision & Communications Solutions Night Vision > Networked soldier systems > Image intensification sensors > Night vision goggles and tubes Specialty Applications > Advanced wireless solutions leveraging satellite, local wireless and line-of-sight technologies > Ground/maritime electronic warfare systems > High-density classified packaging > Information assurance Communications Solutions > Tactical communications and networking > SATCOM On The Move > Interference mitigation systems Aerostructures International Night Vision & Communications Solutions > International-ready solutions from Night Vision and Communications product lines > Export-ready communications solutions > Weapons release systems Composites > Design, fabrication and assembly of complex aerospace composite structures

Information & Technical Services (I&TS) Segment Information Systems Civil & Aerospace Systems > Enterprise ATM solutions > Aviation information systems > Satellite ground systems > Communication for launch and deep space missions > Internet Protocol (IP)-Based Voice Control and switching solutions > Air traffic queue management software Command, Control, Communications Intelligence, Surveillance and Reconnaissance (C3ISR) > Enterprise communication system services > Sustain/modernize space and missile defense systems > Complete range and payload processing services > Network Infrastructure and data management > Cyber solutions > Spectrum management > Research and development services > Data sensors and data transport Intelligence & Cyber Solutions Mission Support Solutions > Information-enabled mission solutions > High-end engineering services > CBRNE > Unmanned systems > Strategic solutions

Our Values