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, and the advantages of being a publicly traded company.
Rex Moore has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
More from The Motley Fool
Holy Matrimony! Why Harris Corporation and Exelis Shares Took Off
A Harris Corporation-Exelis tie-up would be the largest defense sector deal since the 1990s.
I’m Buying Vectrus
The market expects nothing from this spinoff, but it's wrong.
Defense News Roundup: U.S. Bolsters Aircraft Missile Defenses, May Increase Assistance to Iraq
Here's our weekly rundown of the major stories in defense spending.