ITT Industries Awarded $70 Million in Government Service Contracts

White Plains, NY Monday, June 22, 1998

ITT Industries (NYSE: IIN) has been awarded two technical services contracts from the U.S. Air Force totaling $70 million.  The contracts cover military facilities in Colorado, California, New Hampshire, the United Kingdom and Germany.

The U.S. Air Force Space Command has awarded ITT Federal Services Corporation (FSC), a unit of ITT Systems, a $57.9 million five-year contract to provide communications, operations and maintenance and other technical support to the 50th space wing organizations at three locations.  Under this contract, ITT FSC will support the direct conversion of communications operations and maintenance functions for government personnel to the private sector at Schriever Air Force Base, Colorado and New Boston Air Station, New Hampshire.  In addition, ITT FSC will provide for the ongoing support of communications upgrades at Onizuka Air Station, California.

ITT FSC becomes the main provider of long haul communications support to the U.S. Air Force in Europe with the win of a $12.2 million five-year contract to provide wideband communications operations and maintenance, systems control, and management of the facility control offices for the U.S. Air Force - Europe in the United Kingdom and Germany.  The contract, called NORTHCOMM, combines UKCOM, on which ITT FSC is the incumbent, with the communications sites in Germany, currently being operated and maintained directly by the U.S. Air Force.

ITT Systems is a division of ITT Industries.  ITT Industries (http://www.ittind.com) is a leading worldwide diversified manufacturing company, with 1997 sales of $8.8 billion in its three primary business segments:  Automotive, Defense & Electronics, and Fluid Technology.  In the automotive area, ITT Industries is one of the largest independent suppliers of systems and components to automotive manufacturers.  In defense & electronics, ITT Industries is a leader in the design, manufacture and support of high technology electronic systems and components for defense and commercial markets.  In fluid technology, ITT Industries is the world's leading manufacturer of pumps, 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 Midwest, Pacific, London, Frankfurt and Paris exchanges.

NOTE TO EDITORS:  ITT Industries and its subsidiaries' press releases are available at no charge via fax and the Internet.  To receive releases by fax, call 800-758-5804, extension 110006.  For ITT Industries' news on the Internet, visit http://www.ittind.com or http://www.prnewswire.com.

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.

Press Contact
Kathleen Bark
tel +1 914-641-2103
kathleen.bark@itt.com

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Melissa Trombetta
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melissa.trombetta@itt.com

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