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ITT Exelis (XLS +0.1%) details the realignment of its business divisions, saying it intends to...

ITT Exelis (XLS +0.1%) details the realignment of its business divisions, saying it intends to capitalize on operating efficiencies and increase focus on its strategic growth platforms. The reorganization includes combining the night vision and communications businesses that were previously part of other divisions and separating the composite aerostructures business - a strategic growth area - from its current division and allowing it to operate as a standalone business area in order to "build synergies and customer focus."
Comments (1)
  • I wonder at their entering the composites business. It seems like a lot of folks are heading that way. Do they really have any advantages in that area, or is this reminiscent of the ethanol overbuilding?
    18 Dec 2012, 03:18 PM Reply Like
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