Exelis (NYSE: XLS ) is a relatively new name in the defense and aerospace sector, having spun off from ITT (NYSE: ITT ) a couple of years ago. It competes in the Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance space – or C4ISR for all you acronym lovers.
Our roving reporter Rex Moore was at last month's Air & Space Conference near Washington, D.C., and spoke with Bob Edmonds about Exelis' business. In this video, Bob explains Exelis' partnerships with Lockheed Martin (NYSE: LMT ) , Northrop Grumman (NYSE: NOC ) , and Raytheon (NYSE: RTN ) , and direct customers such as the Department of Defense and the FAA.
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