Attached hereto as Exhibit 99.1 and incorporated by reference herein is a press release issued by Exelis Inc. (the "Company") on August 3, 2012 that includes financial information for the Company for the second quarter 2012 and a reaffirmation of the Company's fiscal 2012 guidance. This information shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or incorporated by reference into any filing under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Mr. David Melcher, Chief Executive Officer and President, and Mr. Peter Milligan, Senior Vice President and Chief Financial Officer, will present financial information for the Company for the second quarter of 2012 and reaffirm the Company's fiscal 2012 guidance on August 3, 2012. A copy of the presentation is attached hereto and incorporated by reference herein as Exhibit
99.2. This information is furnished pursuant to Item 7.01 Regulation FD Disclosure and shall not be deemed filed for purposes of Section 18 of the Exchange Act or incorporated by reference into any filing under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

(d) Exhibits.

Exhibit
No.       Description

99.1      Press Release of Exelis Inc., dated August 3, 2012
99.2      Presentation slides issued by Exelis Inc. on August 3, 2012