Exelis Company Overview

Copyright 2015, Exelis Inc.

Exelis at a Glance

> 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

2

Strengths

Information & TechnicalServices

56%

C4ISRElectronics &

Systems44%

2014 Pro Forma Revenue: $3.3 billion

Copyright 2015, Exelis Inc.

Strategic Priorities

Developing solutions in the electromagnetic spectrum that enable mission success on

land, in the air and at sea

Developing and operating enterprise-level mission-critical network solutions

for a wide range of civilian and government customers

C4ISR Electronics & Systems (C4ISR)

Electronic Warfare Critical Networks

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

Aerostructures

Collecting, processing, analyzing and disseminating geospatial data to enable

high-confidence decisions for military, civil and commercial applications

ISR & Analytics

International & Commercial

Information & Technical Services (I&TS)

Legacy Businesses

Copyright 2015, Exelis Inc.

Value DriversAlignment 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

4

Copyright 2015, Exelis Inc.

Experienced Management Team and Board

5

David F. MelcherChief Executive

Officer & President

Pam DrewInformation Systems

Chris YoungGeospatial Systems

Rich SorelleElectronic Systems

Business Leadership Team

Vince Thomas Operations

Peter MilliganChief Financial

Officer

John ProcopioChief Human

Resources Officer

Ann Davidson Chief Legal Officer,

Corp. Secretary

David AlbrittonChief Communications

Officer

Bob Durbin Strategy and

Corporate Development

Corporate Leadership Team

Board of Directors

C4ISR I&TS

Mike BlairAerostructures

Nick BobayNight Vision &

Communications Solutions

Ralph F. Hake - ChairmanDavid F. Melcher Herman E. BullsJohn J. Hamre, Ph.D.Paul J. Kern

Patrick J. Moore

Mark L. ReussR. David YostBillie L. Williamson

James Wallace Chief Inclusion & Diversity

Officer

Copyright 2015, Exelis Inc.

Expanding Our Business in International Markets

6

• 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

Europe 41%

Middle East 25%

Asia-Pacific32%

Americas2%

International Revenue by Region - 2014

Copyright 2015, Exelis Inc.

Agility and Ingenuity for the 21st Century

7

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.

Information & Technical Services (I&TS)C4ISR Electronics & Systems (C4ISR)

Geospatial Systems Information Systems

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.

Night Vision & Communications Solutions

Aerostructures

Providing Customers With:

The ability to sense and deny multispectral threats to manned and unmanned aircraft, ships, submarines, ground vehicles and personnel.

Electronic Systems

Copyright 2015, Exelis Inc.

C4ISR Electronics and Systems Segment

8

Geospatial SystemsElectronic Systems

Night Vision & Communications Solutions

Composites > Design, fabrication and assembly of complex aerospace composite structures

Aerostructures

Geospatial Intelligence Solutions (GIS)

Integrated Sensing Solutions (ISS)

Environmental Intelligence (EI)

Positioning, Navigation & Timing (PNT), Precision Structures, and Analytical Instrumentation

> Geospatial intelligence enterprise> Geospatial intelligence services

> Global situational awareness> Integrated real-time processing> Regional persistent surveillance> Universe exploration> Precision optics

> Weather tracking> Weather data> Climate

> PNT systems> Ion detectors > Power supplies> GPS interference detection & location> Space & ground-based composite solutions

Night Vision

International Night Vision & Communications Solutions

Communications Solutions

> International-ready solutions from Night Vision and Communications product lines

> Export-ready communications solutions> Weapons release systems

> Tactical communications and networking> SATCOM On The Move> Interference mitigation systems

> Networked soldier systems> Image intensification sensors> Night vision goggles and tubes

Integrated Electronic Warfare Systems

Electronic Attack &Release Systems

Specialty Applications

Radar & Reconnaissance Systems

> 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

> Rotary/fixed wing RF countermeasures> Advanced survivability with multi-spectral

situational awareness> Shipboard countermeasures/decoys

> 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> Advanced wireless solutions leveraging satellite,

local wireless and line-of-sight technologies> Ground/maritime electronic warfare systems> High-density classified packaging> Information assurance

Undersea Systems> Anti-submarine sonar systems> Command management & tactical data link systems> Minesweeping systems > Acoustic transducer design, manufacture & testing> Piezoelectric ceramics for commercial and medical

applications

Copyright 2015, Exelis Inc.

Information Systems

Information & Technical Services (I&TS) Segment

9

Intelligence & Cyber Solutions

Command, Control, Communications Intelligence, Surveillance and Reconnaissance (C3ISR)

Civil & Aerospace Systems

> Enterprise communication system services> Sustain/modernize space and missile defense systems> Complete range and payload processing services

> 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

> Network Infrastructure and data management> Cyber solutions> Spectrum management> Research and development services> Data sensors and data transport

Mission Support Solutions

> Information-enabled mission solutions> High-end engineering services> CBRNE> Unmanned systems> Strategic solutions

Copyright 2015, Exelis Inc.

Our Values

10