MCLEAN, Va. — (BUSINESS WIRE) — February 19, 2015 — The Board of Directors for Exelis ( NYSE: XLS) has declared a cash dividend of $0.1033 per share for the first quarter of 2015. The dividend will be payable on Apr. 1, 2015 to shareholders of record on Mar. 13, 2015.

About Exelis

Exelis is a diversified, top-tier global aerospace, defense, information and services company that leverages a 50-year legacy of deep customer knowledge and technical expertise to deliver affordable, mission-critical solutions for global customers. Exelis is a leader in positioning and navigation, sensors, air traffic management solutions, image processing and distribution, communications and information systems; and focused on strategic growth in the areas of critical networks, ISR and analytics, electronic warfare and composite aerostructures. Headquartered in McLean, Virginia, Exelis employs approximately 10,000 people and generated 2014 sales of approximately $3.25 billion. For more information, visit our website at www.exelisinc.com or connect with us on Facebook, Twitter, LinkedIn and YouTube.