Mine-sweep system overhauled

PANAMA CITY, Fla. -- ITT Exelis has completed its first overhaul of a mine-sweeping system for the U.S. Navy. The Naval Surface Warfare Center in Panama City, Fla., awarded this sole-source indefinite delivery/indefinite quantity contract in 2009, which has a potential value of $49 million. The refurbishment extends the life of this MK-105 Mod 4 Airborne Mine Countermeasure Influence Sweep unit for another 10 years. (Source: ITT Excelis via Business Wire, 03/12/12)