ITT Federal Services Corporation Awarded $28M U.S. Navy Contract

McLean, VA Wednesday, November 13, 1996

ITT Federal Services Corporation (ITT FSC), an operating unit of ITT Defense & Electronics, was awarded a three year contract valued at $28M to provide management and technical services in support of the Atlantic Fleet Weapons Training Facility (AFWFT), Naval Station, Roosevelt Roads, Puerto Rico.  ITT FSC will operate and maintain fixed and mobile instrumentation equipment and facilities located on islands, surface vessels, and aircraft in the Caribbean Sea and the Atlantic Ocean in areas northeast and southeast of Puerto Rico.

ITT FSC is headquartered in Colorado Springs, CO, and provides management and technical services on a wide range of government contracts with the Department of Defense, Department of Labor, Department of State and the National Aeronautics and Space Administration.  With over 5,500 employees, ITT FSC operates at 80 locations in the United States and eleven foreign countries.

Headquartered in McLean, VA, ITT Defense & Electronics is a leading supplier of high technology commercial and defense electronic systems, semiconductors, standard and customized connectors and operations and maintenance services, with customers in avionics, data, communications, information systems, military/space and transportation.

ITT Defense & Electronics is a business unit of ITT Industries (NYSE: IIN), a leading worldwide diversified manufacturing company, with 1995 sales of $8.4 billion from its three primary business segments: automotive, defense & electronics and fluid technology.  ITT Industries, through its Automotive subsidiary, is one of the world's largest independent suppliers of systems and components to automotive manufacturers.  The Company, through ITT Fluid Technology, is one of the world's leading manufacturers of products, systems and services for the movement, measurement and control of fluids.

In addition to the New York Stock Exchange, ITT Industries' stock is traded under the symbol (IIN) on the Basel, Bern, Frankfurt, Geneva, Lausanne, London, Midwest, Pacific and Paris exchanges.

About ITT

ITT is a diversified leading manufacturer of highly engineered critical components and customized technology solutions for the energy, transportation and industrial markets. Building on its heritage of innovation, ITT partners with its customers to deliver enduring solutions to the key industries that underpin our modern way of life. Founded in 1920, ITT is headquartered in White Plains, N.Y., with employees in more than 35 countries and sales in a total of approximately 125 countries. The company generated 2013 revenues of $2.5 billion. For more information, visit www.itt.com.

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