ITT Exelis (NYSE: XLS) has announced a realignment of its business divisions to capitalize on operating efficiencies and increase focus on its strategic growth platforms. The reorganization, which is effective January 2, 2013, will include:
- Night Vision and Tactical Communications Systems will be composed from the combination of the night vision and communications businesses that were previously part of other divisions.
- The composite aerostructures business, a strategic growth area, will be separated from its current division and operate as a standalone business area in order to build synergies and customer focus.
- C4ISR Electronics & Systems, which includes the Electronic Systems, Geospatial Systems, Night Vision and Tactical Communications Systems divisions, as well as the Aerostructures business area
- Information & Technical Services, which includes the Information Systems and Mission Systems divisions