ITT part of team awarded NASA range operations contract

Colorado Springs, CO Thursday, July 15, 2010

ITT Corporation (NYSE: ITT), as a subcontractor to LJT & Associates, Inc., is part of a team that has been awarded a contract to provide comprehensive range operations services at the NASA Wallops Flight Facility in Virginia. The award is for a five-year base period with an estimated value of $117 million to the entire LJT team.

Work will be performed by ITT's Systems business, based in Colorado Springs, Colo., a global leader in providing maintenance, sustainment and operations support for U.S. government facilities, vehicles, equipment, ranges, communication networks and information systems. ITT's share of the work from this award will include systems engineering services, as well as operations and sustainment for radar, telemetry, communications and meteorological systems.

"This is an important strategic win for ITT on several levels," said Michael Gulino, president and general manager of ITT Systems. "It adds yet another range to the portfolio of launch and test facilities we support, and also expands our business with NASA, a customer we hope to serve further in the future."

About

About ITT Corporation

ITT Corporation is a high-technology engineering and manufacturing company operating around the globe in three vital markets: water and fluids management, global defense and security, and motion and flow control. With a heritage of innovation, ITT partners with its customers to deliver extraordinary solutions that create more livable environments, provide protection and safety and connect our world. Headquartered in White Plains, N.Y., the company generated 2009 revenue of $10.9 billion. For more information, visit: www.itt.com

Press Contact:
B.J. Talley
tel +1 719 637 6375
william.talley@itt.com

Investor Contact:
Thomas Scalera
tel +1 914 641 2030
thomas.scalera@itt.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

Investor Contact:
Melissa Trombetta
tel +1 914-641-2030
melissa.trombetta@itt.com

< Back to all news