Exelis Company Overview

1. Exelis Company Overview Master Slide Library

2. Exelis at a Glance 2013 Revenue: $4.8 billion Strengths • Top-tier global defense, aerospace and information solutions company • Large installed base of products • Ready-now, affordable technologies • Differentiated positions in Critical Networks, ISR & Analytics, Electronic Warfare and Composite Aerostructures • Platform/system agnostic C4ISR provider • ~25% revenue from outside U.S. Department of Defense C4ISR Electronics & Systems44% Information & Technical Services56%

3. Our Vision We will be the most agile C4ISR, aerospace and information solutions provider by leveraging deep customer knowledge and technology expertise to deliver affordable, mission-critical products and services for our global customers

4. Our Values

5. Corporate Responsibility: Exelis Action Corps • Signature volunteer service program • Company-wide commitment to support military service members, veterans and their families Mission • Engage the Exelis workforce in large-scale, team and individual volunteer opportunities. • Align the professional and personal skills of Exelis employees with skills-based volunteer opportunities. • Train Exelis employees to organize and lead local volunteer projects, creating service projects for employees, families, friends and community members. Impact in 2013 • 1,662 volunteers joined forces in 2013 to assist 111,137 veterans by completing 73 projects, for a total of 5,617 hours of service. Founding and Lead sponsor of Community Blueprint • Through a multi-year partnership with the world’s leading volunteer organization Points of Light, Exelis is investing in the Community Blueprint, a coalition of 55 military, veterans and service organizations created to drive support that improves the well-being of service members and their families.

6. Agility and Ingenuity for the 21st Century Information & Technical Services (I&TS) C4ISR Electronics & Systems (C4ISR) Information Systems Geospatial Systems Electronic 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: End-to-end, full life-cycle provider of mission-critical network development and sustainment solutions. Providing Customers With: Next-generation imaging that integrates space, airborne and ground sensors into broader, coordinated systems with advanced data analytics. Night Vision & Communications Solutions Mission Systems Aerostructures 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. Providing Customers With: Networked communications and night vision systems, test and support capabilities, and interference mitigation solutions. Providing Customers With: A broad range of critical service, support and logistics solutions that enable efficient operations in the most demanding environments.

7. Our Customer Base International, Civil Gov’t, Commercial 26% FAA/NASA/Other U.S. Gov’t & Commercial 15% U.S. Air Force 17% International 11% U.S. Intel, Spec Ops, Other DoD/ 12% U.S. Army 34% U.S. DoD/Intel 74% U.S. Navy & Marine Corps 11%

8. Experienced Management Team and Board Corporate Leadership Team David F. Melcher Chief Executive Officer & President Ann Davidson Chief Legal Officer, Corp. Secretary Peter Milligan Chief Financial Officer John ProcopioChiefHuman Resources Officer Bob Durbin Strategy and Government Relations Business Leadership Team I&TS C4ISR David Albritton Chief Communications Officer Erica Jeffries Chief Inclusion & Diversity Officer Vince Thomas Operations Chris YoungGeospatial Systems Pam Drew Information Systems Rich Sorelle Electronic Systems Board of Directors Ralph F. Hake - Chairman David F. Melcher Herman E. Bulls John J. Hamre, Ph.D. Paul J. Kern Patrick J. Moore Mark L. Reuss R. David Yost Billie L. Williamson Mike BlairAerostructures Nick Bobay Night Vision & Communications Systems Ken Hunzeker Mission Systems

9. Value Drivers • Alignment with future customer needs • Mission-critical networking and information solutions • Airborne ISR and data analytics • Airborne and sea-based electronic warfare • Operational efficiency • Continuous cost takeout • Restructured operating model to increase agility • Streamlined corporate structure • International and commercial growth • Focused sales efforts on high-growth countries • Technical solutions that meet the needs of 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

10. Strategic Growth Platforms

11. Expanding Our Business in International Markets International Revenue by Region - 2013 • Focused international business development in the Asia-Pacific region and Middle East • International revenue accounted for 11% of total 2013 revenue • 2013 International orders grew more than 50% compared to 2012. Middle East 36% Europe 32% Americas 5% Asia-Pacific 27%

12. C4ISR Electronics and Systems Segment Electronic Systems Geospatial Systems Geospatial Intelligence Solutions (GIS) > Geospatial intelligence enterprise > Geospatial intelligence services > Airborne Radio frequency (RF) countermeasures > Advanced survivability with multi-spectral situational awareness > Shipboard countermeasures/decoys > Real-time, platform-agnostic open systems processing architectures for self protection and communications Integrated Electronic Warfare Systems > Global situational awareness > Mapping & resource management > Material identification > Regional persistent surveillance > Universe exploration Integrated Sensing & Information Systems (ISIS) Radar, Reconnaissance & and Undersea Systems • > Electronic and acoustic surveillance> Long-range, 3D radar for ground & sea • > Multi-function SAR radar for unmanned applications • > Fixed and mobile ATM solutions • > Mine defense Environmental Intelligence (EI) > Weather tracking > Weather data > Climate Precision Instruments & Positioning, Navigation & Timing (PI & PNT) > Positioning navigation & timing systems > Analytical instruments > GPS interference detection & geolocation • > RF electronic attack • > Weapon carriage/release systems for tactical, littoral ASW and UAV systems • > Space-qualified sensors and microelectronics • > Commercial and military antennas Electronic Attack and Release Systems Night Vision & Communications Solutions Night Vision > Vision enhancement systems > Satellite-based communication solutions> Ground electronic warfare systems > Commercial & military wireless technologies > Tagging, tracking and locating > Information assurance > Advanced microelectronics (ASIC/CMOS) Specialty Applications Networked Communications &Support > Tactical communications for domestic U.S. customers > Mobile ad hoc networking > C4 solutions > Total-life cycle support services Aerostructures International Night Vision & Communications Systems > International portfolio management for night vision and communications systems > Training and maintenance > Design, fabrication and assembly of complex aerospace composite structures Composites

13. Information & Technical Services (I&TS) Segment Mission Systems Information Systems Advanced Information Solutions > High-end services > Information-enabled mission solutions > Spectrum management Facilities Management > Full-spectrum life support, base operations and security > Public works, emergency services and morale, welfare and recreation activities > Facilities O&M and training > Facilities/civil engineering, supply and transportation Civil & Aerospace Systems > Enterprise ATM solutions> Aviation information systems > Satellite ground systems > Communication for launch and deep space missions Logistics Programs > Supply chain management, logistics, public works and base ops > Maintenance of vehicles & equipment, supply, retrograde > Vehicle and equipment readiness Command, Control and Communications (C3) Systems > Enterprise communication system services > Sustain/modernize space and missile defense systems > Complete range and payload processing services Network and Communications Programs • > Engineer, operate and manage global networks • > Manage and protect forward deployed military networks • > Communications O&M support C4i > Internet Protocol (IP)-Based Voice Control and Switching Solutions > Mobile Communications Solutions

14. Electronic Systems

15. Electronic Systems • Exelis develops and fields technology solutions to sense and deny multispectral threats to aircraft, ships, submarines and ground vehicles and personnel, providing U.S. and allied warfighters with enhanced situational awareness. • Airborne and ground-based electronic warfare/attack • Defense surveillance and mobile ATM radars • Acoustic and sonar systems • Surveillance and reconnaissance systems • Advanced wireless solutions • UAS sensing technologies • Airborne suspension and release systems • Mine defense systems • Antennas

16. Electronic Attack and Release Systems • Exelis provides high-performance, precision-engineered radio frequency (RF) electronic attack solutions; carriage and release systems; and sensors, microelectronics and antenna technologies. Our specialized technologies will play and important role in future A2/AD-focused conflicts. • In the electronic attack field, Exelis helps customers identify and defeat RF threats. Our systems disrupt and disable enemy defenses and C4ISR networks. • Exelis weapons release technologies provides military aircraft platforms – manned or unmanned – with the ability to carry and release stores including weapons, external fuel tanks, and various pods, safely and effectively. We have produced more than 25,000 systems over four decades. • Exelis provides a wide array of specialized antenna systems for military and commercial applications.

17. Integrated Electronic Warfare Systems • With a history spanning more than 50 years, Exelis is the largest producer in the world of electronic warfare solutions for fixed-wing and rotary-wing aircraft. • Exelis electronic countermeasures (ECM) solutions help protect thousands of tactical and strategic aircraft from ground-based and airborne threats. • Our advanced survivability suite solutions provide aircrews with multispectral (RF, IR and laser) situational awareness and highly accurate threat warning, sensor fusion and countermeasures capabilities on a variety of rotary and fixed-wing aircraft. • Our shipboard countermeasures/decoy provides protection against anti-ship missiles. • Real-time, platform-agnostic open systems processing architectures for self protection and communications.

18. Radar, Reconnaissance and Undersea Systems • For more than 70 years, Exelis has been a world-class supplier of high-performance reconnaissance, surveillance, anti-submarine warfare and mine defense products for global and domestic airborne, land-based and maritime applications. • From providing mobile and fixed air traffic control to long-range 3D air surveillance to multifunction sensing technologies for unmanned platforms, our family of radar systems represent the world’s most advanced application of radar technology. • Exelis airborne and maritime electronic warfare, electronic countermeasures, and signals intelligence systems detect, interpret and counter a wide range of signals from deep within enemy territory. • Our transducers, arrays, mine defense systems and integrated sonars provide protection from the world’s most advanced undersea threats. • Commercially, Exelis provides innovative piezoceramic applications to address the geophysical and healthcare markets.

19. Specialty Applications • Exelis is a developer and supplier of niche electronic products and systems that provide users with self protection, data protection and enhanced communications and situational awareness. • Exelis has fielded thousands of reliable, battle-proven, mounted countermeasure units designed for use against radio-controlled improvised explosive devices (R-CIEDs) and other threats. • Tactical radios based on Exelis technology provide on-the-move (OTM), over-the-horizon (OTH) secure voice, data and position location information. • Our advanced software applications for PDAs and smartphones provide vital situational awareness with beyond line-of-sight (BLOS) capability. • Exelis secure solutions protect network, voice, data and storage for top secret classification and below. • Exelis provides a wide variety of multimode tagging, tracking and locating devices for a global customer base.

20. Geospatial Systems

21. Geospatial Systems • Exelis is the assured global partner for innovative, integrated solutions. Offerings span from data collection through processing, analytics and dissemination, providing real-time actionable intelligence for military, civil and commercial applications. Key areas include: • Environmental Intelligence • Positioning, Navigation and Timing • Analytical Instrumentation • Geospatial Intelligence Solutions • Integrated Sensing and Information Systems • Precision Optics • Precision Structures • Key programs and products: Advanced Baseline Imager, CrIS, Enhanced AVHRR, GOES- R, Suomi NPP, Helios™, U.S. Air Force Gorgon Stare, James Webb Space Telescope, Chandra, IKONOS, GeoEye, WorldView, Jagwire™, ENVI™, Signal Sentry™, Global Positioning System (GPS), GPS III, GPS IIF, GPS Advanced Control Segment (OCX)

22. Environmental Intelligence • Exelis delivers breakthrough weather and climate instruments and systems enabling customers to save time, money and resources: • In partnership with NASA and National Oceanic & Atmospheric Administration (NOAA), established the U.S. meteorological program in 1965 • Market-leading instruments and systems enable tracking and predicting global weather and climate patterns with 100% on-orbit mission success • GOES-R (ABI), Suomi NPP (CrIS) • Satellite and ground measurement capabilities empower scientists and companies to monitor and analyze greenhouse gases and weather phenomena • Helios™ provides real-time, hyperlocal weather intelligence enabling users to improve planning and response to severe weather

23. Positioning, Navigation and Timing • ​Exelis Positioning, Navigation and Timing (PNT) provides high performance, reliable, cost effective GPS payload, receiver and control solutions. Simply put, Exelis is the assured GPS provider. • Exelis is an integral member of the GPS modernization effort, developing and integrating future navigation payloads including: • Hardware and software for GPS III • Processing improvements in critical elements of the navigation processing subsystem for OCX • Accumulated nearly 700 years of on-orbit life • Exelis payloads have been aboard every GPS satellite ever launched without a single mission-related failure due to our equipment.

24. Analytical Instrumentation • Exelis Analytical Instrumentation provides the precise and reliable power supplies and ion detectors that are at the heart of critical analytical instrumentation. • Used from routine testing to complex research • For discovery, analyzing, identifying and quantifying chemical compounds • Used in fields as diverse as biotechnology, materials science, health care, forensics, environmental sciences and homeland security • Design and manufacture off-the-shelf and custom power supplies • #1 supplier to the U.S. Army of Night Vision goggle power supplies • Leading ion detector supplier to Mass Spectrometry and Analytical Instrumentation markets

25. Geospatial Intelligence Solutions • Exelis delivers processing, exploitation and dissemination solutions designed to improve situational awareness and transform geospatial data into actionable intelligence. • Jagwire™ enhances situational awareness by providing on-demand access to critical geospatial intelligence data from across the enterprise. • ENVI™ enables more informed decision making with advanced data analytics that easily extract information from virtually all types of geospatial imagery. • Geospatial Intelligence Services leverages time-proven technology and mission knowledge to develop solutions that meet unique geospatial requirements.

26. Integrated Sensing and Information Systems • Exelis delivers end-to-end solutions for global situational awareness, material identification, regional persistent surveillance and universe exploration to enhance decision-making: • Market-leading space-based and airborne imaging sensors, telescopes and payloads for military, civil and commercial users • Chandra, IKONOS, GeoEye, WorldView, Gorgon Stare, James Webb Space Telescope • Real-time onboard processing and analytics improve speed to and confidence in decisions • Full life cycle engineering support spans from needs analysis to design simulation to solution development to system retirement • Differentiated capabilities deliver quality solutions with speed and reliability at a reasonable price • High-resolution imagers, precision optics , precision structures, image science, integration and test, geospatial software

27. Precision Optics Assured quality in next generation affordable high-precision large optics. Exelis provides a full range of service offerings from design to development, integration and testing. • Vertically integrated, industry-leading optics design, deterministic processing, manufacturing, assembly and testing infrastructure • Demonstrated experience processing materials including fused silica, ULE, Zerodur, SiC, spinel, sapphire, silicon and more • Delivering the best value flat, spherical, aspheric and freeform optics from 0.2 to 3.5 meters in size • Leveraging more than 50 years of demonstrated achievement on the most stringent optic requirements • Abrasive water jet cutting, small-tool polishing and ion figuring

28. Precision Structures Exelis provides highly-engineered space and ground-based composite solutions, parts and assemblies that are lightweight and perform under the most extreme operating environments. • Products tailored to meet specified design, application, cost and schedule requirements • Integrated digital tools enable rapid prototyping and efficient design for build-to-print and design • Exelis capabilities include rapid prototyping, design and analysis, part fabrication, assembly and testing • More than 25 years of space-based composite expertise including Chandra, CrIS, IKONOS, James Webb Space Telescope, GeoEye-1 and 2, WorldView-1, 2 and 3 and GOES-R • Ground-based composites: radar components, ground-based optical benches and metrology components

29. Information Systems

30. Information Systems Engineering Crucial Connections • Exelis Information Systems engineers crucial connections that underpin modern life. From emergency response and dispatch networks to the communications infrastructures that enable commercial air travel and exploration in space, we engineer and protect the networks that connect that world. • Information-Enabled Mission Solutions • High-End Engineering Services • Air Traffic Management Systems • Internet Protocol (IP)-Based Voice Switching Solutions • Commercial Aviation Solutions • Satellite Ground Systems • Spectrum Management • Complete range and payload processing systems Exelis provides end-to-end, full life-cycle, mission critical network solutions to government and commercial customers.

31. Advanced Information Solutions • Exelis develops information-enabled solutions for U.S. Government customers that rely on our expertise to securely access, integrate and share sensitive data. • By delivering a global network that connects DoD, DHS, and civil and national agencies together into a collaborative, secure, services-oriented architecture, we are able to help our customers connect to and discover information in real time to support tactical exploitation of intelligence on the network. • These solutions integrate key capabilities in: • Cyber defense and counter-intelligence • Cross-domain information sharing • Broad enterprise applications of information technology • Leading edge networks and systems architectures

32. Civil & Aerospace Systems • Exelis is a proven tier-one system integrator, helping the FAA, NASA and other civil agencies to define the future of critical communications systems. • Exelis is at the forefront of the FAA’s NextGen initiative to modernize the US air traffic management system as the lead systems integrator to develop and deploy the Automatic Dependent Surveillance - Broadcast (ADS-B) system. • Exelis is the prime contractor on NASA’s Space Communications Network Services (SCNS) contract, which provides most of the communications and tracking services for a wide range of spacecraft, spanning low Earth orbit, to geostationary and even lunar orbit, representing scientific, government, and manned missions. • Exelis supports key exploration missions such as the NASA/Joint Propulsion Laboratory Mars Exploration Rovers and Cassini to Saturn missions as the prime contractor for the Deep Space Network, an international network of antennas that supports interplanetary robotic spacecraft missions and radio and radar astronomy observations for the exploration of the solar system and the universe.

33. Command Control and Communications Systems • Exelis supports the U.S. Air Force and other DoD customers as a leading provider of Command, Control and Communications (C3) Systems including: • Space ground and range systems engineering, lifecycle sustainment, logistic support, modernization, and operations and maintenance for U.S. military launch, test and training ranges. • Complex mission requirements support, from facilities maintenance to reverse engineering of legacy systems. • System engineering, sustainment, logistic and supply, depot maintenance, software engineering and configuration management for range instrumentation such as tracking, telemetry, optical, weather, communications and command and control networks/systems. • Payload processing and launch services that are critical to the launch range and space communications network infrastructures, including the world’s largest air, land and sea training range for the U.S. Navy, the U.S. Air Force space launch ranges on the U.S. East and West Coasts and NASA’s space ground communications.

34. C4i – Interoperable Communications Solutions • Exelis C4i is a world leader in the design and manufacture of voice over Internet Protocol (IP) solutions for mission critical applications and leading edge technology products. • The Exelis C4i business is based in Melbourne, Australia, with offices around the world. • We use a commercial-off-the-shelf IP-based system and modify solutions to suit the needs of each customer. • Durability, reliability and scalability are inherent features in the design of our systems. We have a proven record of successfully delivering solutions to an extensive list of demanding markets for more than 20 years.

35. Mission Systems

36. Mission Systems • The Exelis Mission Systems cadre of experienced and innovative professionals delivers a broad range of systems integration, operations and maintenance, sustainment, engineering, and logistics for a wide variety of U.S. military and government agency customers around the world. • Engineering and technical support solutions • IT security and disaster recovery, along with information assurance • Facilities operations and maintenance • Logistics, sustainment and life-cycle engineering • Communications and information network management • Command and control systems • Vehicle maintenance and contingency response • Critical Capabilities: Network Communications Operations and Maintenance, Vehicle Maintenance, Logistics and Support Services, • and Facilities Maintenance and Management

37. Network Communications Services • Supports a variety of U.S. and Joint Forces military activities, as well as Federal civilian communications infrastructures worldwide, providing support ranging from wideband satellite communications systems to diverse network operations and management services as well as facilities operations and maintenance for programs based in Europe. Core capabilities in NC&EP include: • Network management; mobile and fixed satellite communications operations and maintenance (SATCOM O&M) for a wide range of global data and communications networks • Management, support and protection of military communication networks at forward deployed locations; to include information assurance • Tactical voice and data communications • Facilities operations and maintenance, public works, emergency services, morale, welfare and recreation services • Help desk support; switch, node and router support; database development; engineering; furnishing and installation of communications systems; and broad maintenance of communications equipment • Key programs: Operations, Maintenance and Support – Europe (OPMAS-E); Operations, Maintenance and Defense of Army Communications in Southwest Asia and Central Asia (OMDAC-SWACA)

38. Facilities Management and Logistics Support Services • Exelis provides the full spectrum of facilities operations and maintenance, infrastructure, and life-cycle support services for our defense and government customers. Additionally, Exelis provides oversight and management for all logistics-based programs in the Mission Systems portfolio, including the largest vehicle maintenance and repair contract in Kuwait. Core capabilities include: • Facilities operations and maintenance; vehicle maintenance and repair • Full spectrum life support and base operations services; physical and electronic security • Retail and wholesale transportation services–surface, rail and air; retrograde Operations and Direct Theater Support Operations • Public works, emergency services, morale, welfare and recreation services • Logistics and supply services • Long range counter narcotics and border surveillance • Emergency firefighting and medical response • Key programs: FOL-BOS, TARS, Maxwell BOS, LOGCAP, Afghan National Security Forces (North and South), Q-BOSS, Fort Irwin, K-BOSSS, APS-5 (Kuwait), APS-5 (Qatar), Fort Rucker, MCLOGSS

39. Aerostructures

40. Aerostructures • Exelis is a leader in aerospace composite design, fabrication and assembly of integrated complex structures for military and commercial applications where strength, reliability and efficiency are critical. • Exelis design and manufacturing expertise serves business aviation and commercial transports, military aircraft, commercial and military rotorcraft, engines, missile and space payload platforms. • Our breadth of composite manufacturing capability includes automated material placement, braiding and filament winding, resin transfer molding and precision hand layup. • Products include integrated primary structures, airframe and wing skins, control surfaces, rotor blades, tanks, ducts, struts and engine components. • Exelis also extends its composite expertise into advanced products for the oil and gas industry. • Key programs: Boeing 787, Lockheed Martin F-35, Sikorsky CH-53K, Lockheed Martin JASSM, Boeing 7 series Tanks, Airbus A380, and GE Engines

41. Night Vision & Communications Solutions

42. Night Vision & Communications Solutions(NVCS) • Whether for air or ground-based operations, we deliver solutions that enable and protect our customers. We give them eyes in the dark and keep them connected through secure communications. • Night vision image intensification • Tactical communications systems • Ad hoc networking • Military GPS receivers • Position location information • Sensor fusion • Battlefield integration • Weapons suspension and release systems

43. Night Vision & Communications Solutions(NVCS) • Exelis is the world’s leader in night vision technology and military VHF communications systems. • Exelis is at the heart of modern ad hoc networking, having fielded the first truly self-organizing, self-maintaining system to more than 15 nations. • Our night vision equipment comes in a variety of form factors for military, civil, commercial use. • Exelis developed and maintains the Soldier Radio Waveform (SRW) — the U.S. next generation capability supporting network centric operations. • Our latest systems, including SideHat, Soldier Radios and GNOMAD, are supporting U.S. Army network modernization. • Exelis was the first company to provide the Enhanced Night Vision Goggle to the U.S. Army. • Exelis has laid the foundation for a digital future our i-Aware goggles are net-capable and enable the warfighter to have access to all the tools afforded to us in today’s networked age. • Our new Individual Soldier System integrates the TM-NVG goggle with SpearNet radio enabling commanders to see what Soldiers see and send messages and imagery to their displays.

44. At Exelis, we • Lead by example • Employ talented diverse people • Partner with our customers • Engineer critical sustainable solutions • Live our values • Leverage a proven business model • Encourage corporate responsibility