Exelis Reports Solid First-Quarter 2012 Financial Results Driven by Growth in Revenue and Operating Margin; Reaffirms 2012 Full-Year Outlook

Exelis Inc.
First Quarter 2012 Free Cash Flow
($ million)
 
    Q1 2012
Cash flow From Operating Activities   (298 )
Subtract    
Capital Expenditures (24 )
     
     
Free Cash Flow   (322 )
 
Add:    
Separation Costs, net of tax 14
Seperation related tax items 4
     
Free Cash Flow, as Adjusted   (304 )

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