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ITT Exelis (NYSE: XLS) XLS (”ITT Exelis”) has previously reported 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, and 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. Upon implementation of these changes, the com