Exelis (now Part of Harris Corporation)

Based on the history and evolution of Exelis, here's a possible mission statement:

"At Exelis, we harness our expertise to empower national security, improve lives, and advance the world through innovative solutions that connect people, systems, and technologies. We are committed to delivering exceptional performance, unwavering integrity, and unrelenting passion for excellence in everything we do."

This mission statement reflects the company's roots as a leading provider of communication and navigation systems for the US government, while also emphasizing its commitment to innovation, customer satisfaction, and social responsibility.

As part of Harris Corporation after being acquired by L3Harris Technologies (a spinoff from Northrop Grumman), this statement may need to be adjusted slightly to align with their parent company's vision. A revised version could read:

"At Exelis, we harness our expertise to empower national security, improve lives, and advance the world through innovative solutions that connect people, systems, and technologies. We are committed to delivering exceptional performance, unwavering integrity, and unrelenting passion for excellence in everything we do, while collaborating with our partners to build a brighter future."

This revised statement maintains the core values of the original mission statement while acknowledging the company's new affiliation with L3Harris Technologies.

As a company with a rich history, Exelis (now part of Harris Corporation) has several unique selling points and strengths that can be leveraged to differentiate itself in the market. Here are some possible ones:

• Rich History and Legacy: With a heritage spanning over 80 years, Exelis (Harris Corporation) has a proven track record of innovation, reliability, and performance. This legacy can be leveraged to establish trust with customers and demonstrate expertise in its domain.
• Diverse Portfolio of Capabilities: As a leading provider of advanced technologies, Harris Corporation offers a broad range of capabilities across various industries, including defense, space, communications, and cybersecurity. This diversity allows the company to cater to a wide range of customers and applications.
• Innovation Leadership: Harris Corporation is committed to innovation and has developed numerous cutting-edge technologies, such as the AN/ARC-231 Advanced Communication System (ACS). The company's emphasis on research and development can be highlighted to attract customers seeking innovative solutions.
• Global Presence and Reach: With operations in over 30 countries, Harris Corporation enjoys a significant global presence, enabling it to serve customers worldwide. This extensive network provides access to diverse markets, partners, and expertise.
• Strong Talent Base: The company has attracted top talent from the industry, with many employees holding advanced degrees in engineering, physics, and mathematics. This strong technical foundation allows Harris Corporation to develop innovative solutions that meet complex customer needs.
• Proven Track Record of Reliability: Harris Corporation's products and systems are designed to withstand harsh environments and operate reliably in extreme conditions. This reputation for reliability can be a significant selling point, particularly for customers operating in challenging domains.
• Cybersecurity Expertise: As a leading provider of cybersecurity solutions, Harris Corporation has developed expertise in threat detection, incident response, and network security. The company's capabilities in this area can be leveraged to attract customers seeking robust cybersecurity defenses.
• Collaboration and Partnerships: Harris Corporation fosters partnerships with other companies, governments, and organizations to advance joint research and development initiatives. This collaborative approach enables the company to stay at the forefront of innovation and expand its reach through strategic partnerships.
• Compliance and Certifications: With experience in operating across various regulatory domains, Harris Corporation has demonstrated expertise in complying with strict standards and regulations. This can be a significant advantage for customers requiring solutions that meet stringent requirements.
• Emphasis on Customer Support: The company's commitment to providing exceptional customer support, including dedicated account management, technical assistance, and training programs, can help build strong relationships with customers and ensure long-term success.

By emphasizing these strengths, Harris Corporation (formerly Exelis) can effectively differentiate itself in the market and attract customers seeking innovative solutions, reliability, and expertise.

As a company with a long history, Exelis (now part of Harris Corporation), may face several challenges in the current market:

• Competition from emerging players: The defense and aerospace industry is highly competitive, and new entrants are constantly emerging. These companies often have lower overhead costs and innovative technologies that can challenge established players like Exelis.
• Cybersecurity threats: The increasing reliance on technology in defense systems creates new cybersecurity risks. Exelis must stay ahead of these threats to protect its customers' systems and maintain the trust they have placed in their solutions.
• Regulatory challenges: The defense industry is heavily regulated, with multiple government agencies involved in procurement and oversight. Exelis must navigate these regulations to ensure compliance and avoid delays or penalties.
• Cost pressure: The defense budget has been subject to fluctuations over the years, leading to cost uncertainty for companies like Exelis. They must manage their costs effectively while maintaining quality and competitiveness.
• Global market complexities: As a global company, Exelis operates in diverse markets with different regulatory requirements, cultural norms, and competitive landscapes. Navigating these differences can be challenging.
• Technological obsolescence: The defense industry is driven by rapid technological advancements, which can render existing products obsolete. Exelis must invest in research and development to stay ahead of the curve and maintain its competitive position.
• Supply chain management: As a supplier to various government agencies and defense contractors, Exelis relies on complex supply chains. Disruptions or vulnerabilities in these chains can have significant consequences for the company's operations.
• Brand reputation and identity: After being acquired by Harris Corporation, Exelis may face challenges in maintaining its brand identity and reputation within the industry. The new ownership structure and corporate changes may impact employee morale, customer trust, and market perception.
• Innovation and R&D investment: To remain competitive, Exelis must invest in research and development to create innovative solutions that meet evolving customer needs. This can be resource-intensive and requires careful planning and prioritization.
• Talent acquisition and retention: Attracting and retaining top talent in the defense industry can be challenging due to competition from other companies and the high level of specialization required in this field.

By understanding these challenges, Exelis (now part of Harris Corporation) can proactively develop strategies to address them and maintain its position as a trusted provider of defense solutions.