Ex­elis to spin off mil­i­tary and gov­ern­ment ser­vices com­pany

SP's MAI - - CORPORATE -

Ex­elis plans to spin off its mil­i­tary and gov­ern­ment ser­vices busi­ness, cur­rently called Ex­elis Mis­sion Sys­tems, into an in­de­pen­dent pub­lic com­pany. This busi­ness is cur­rently part of the com­pany’s In­for­ma­tion and Tech­ni­cal Ser­vices seg­ment. “We are repo­si­tion­ing our busi­nesses to en­hance our fo­cus on the long-term growth driv­ers that will en­able us to re­main well-po­si­tioned in an evolv­ing global mar­ket en­vi­ron­ment,” said David F. Melcher, Chief Ex­ec­u­tive Of­fi­cer and Pres­i­dent of Ex­elis.

Fol­low­ing com­ple­tion of the spin off, Ex­elis will re­tain a port­fo­lio of mis­sion crit­i­cal, af­ford­able and plat­form ag­nos­tic prod­ucts and ser­vices for man­ag­ing global threats, con­flicts and com­plex­i­ties. The busi­ness will fo­cus fu­ture in­vest­ments on strength­en­ing its four strate­gic growth plat­forms of Crit­i­cal Net­works; in­tel­li­gence, sur­veil­lance and re­con­nais­sance and an­a­lyt­ics; elec­tronic war­fare; and aero-struc­tures. Th­ese growth plat­forms, which have been strate­gi­cally aligned with fu­ture cus­tomer re­quire­ments, are sup­ported by the com­pany’s most dif­fer­en­ti­ated and en­dur­ing C4ISR ca­pa­bil­i­ties such as global in­tel­li­gence, sur­veil­lance and re­con­nais­sance sys­tems, net­worked com­mu­ni­ca­tions, in­te­grated elec­tronic war­fare, and engineering and pro­fes­sional ser­vices.

Fol­low­ing com­ple­tion of the spin off, Ex­elis Mis­sion Sys­tems will be re­named and re­branded as a new, in­de­pen­dent com­pany that pro­vides in­dus­try-lead­ing fa­cil­i­ties man­age­ment, lo­gis­tics and net­work com­mu­ni­ca­tions ser­vices. As a pure-play ser­vices provider, the new com­pany will cap­i­talise on more than 50 years of ex­pe­ri­ence de­liv­er­ing ser­vice so­lu­tions to a wide range of cus­tomers. 4,070 square me­tres). The re­con­structed build­ing meets the strictest seis­mic cri­te­ria re­quired by the new seis­mic reg­u­la­tions.

The pro­duc­tion ar­eas were de­signed ac­cord­ing to Lean De­sign cri­te­ria with the goal of ob­tain­ing con­tin­u­ous, op­ti­mised work flows with a high de­gree of re­con­fig­ura­bil­ity in or­der to meet re­quire­ments re­lated to changes in pro­duc­tion vol­ume and tech­nol­ogy.

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