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Cut Loose, Exelis Faces Tough Times On Its Own
April 13, 2012
The beginning of a major downturn is not the best time to launch a new company. But the executives who run ITT Exelis didn’t have much choice. The 20,000-employee defense and information systems operation was spun off last October as part of a breakup of multi-industry ITT Corp. designed to appease...
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