[February 23, 2012]

ITT Exelis to announce 2011 fourth-quarter and full-year results; provide 2012 outlook, on March 2, 2012

ITT (News - Alert) Exelis (NYSE: XLS) will announce its 2011 fourth-quarter and full-year results, and provide its 2012 financial guidance, at 7:00 a.m. EST on Friday, March 2, 2012. Management will conduct an investor briefing on the 2011 results and 2012 outlook at 10:00 a.m. EST on the same day.

The briefing can be accessed live by calling +1 (888)-326-4862 (ID#:42965359) or via webcast on the Exelis website at: www.exelisinc.com/investos.

A replay of the briefing will be available on the website and via telephone from two hours after its completion until March 9, 2012, at midnight. The telephone replay is available by calling +1 (800)-585-8367 (ID#: 42965359).

About ITT Exelis

ITT Exelis is a diversified, top-tier global aerospace, defense and information solutions company with strong positions in enduring and emerging global markets. Exelis is a leader in networked communications, sensing and surveillance, electronic warfare, navigation, air traffic solutions and information systems with growing positions in cyber security, composite aerostructures, logistics and technical services. The Company has a 50-year legacy of innovation and technology expertise, partnering with customers worldwide to deliver affordable, mission-critical products and services for managing global threats, conflicts and complexities. Headquartered in McLean, VA, the Company employs about 20,500 people and generated 2010 sales of $5.9 billion. www.exelisinc.com

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