Exelis lands $60M worth of contracts from Lockheed Martin

|About: Exelis Inc. (XLS)|By:, SA News Editor

Exelis (XLS +1%) inks contracts worth $60M from Lockheed Martin (LMT) to deliver carriage and release systems for the F-35 Lightning II.

Under the latest contracts XLS will provide additional systems, including spare equipment, to all three variants of the aircraft.