1. Exelis Company Overview

2. 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%

3. 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

4. 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

5. 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

6. Expanding Our Business in International Markets
International Revenue by Region
Focused international business development in the Asia-Pacific region and Middle East
International revenue accounted for 19% of total 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%

7. 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.

8. 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

9. 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

10. Our Values