ITT receives $111 million contract to produce electronic countermeasure system f

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ITT receives $111 million contract to produce electronic countermeasure system for U.S. Navy's F-18 E/F Super Hornet

WHITE PLAINS, N.Y. – April 21, 2008 - ITT Corporation (NYSE: ITT) today announced it has been awarded a $111 million fixed-price contract and authority for full rate production of the AN/ALQ-214(V)3, an integrated countermeasure system that provides self-protection capability to the U.S. Navy's F/A-18E/F Super Hornet tactical aircraft. The contract is part of the Integrated Defensive Electronic Countermeasures System (IDECM) from the U.S. Naval Air Systems Command in Patuxent River, Maryland.

Under the contract, some systems will be delivered to the Royal Australian Air Force for their F/A-18 E/F platforms, representing the first international sale of the system.

"ITT is pleased and privileged to be a provider of these important self-protection systems," said ITT Electronic Systems President Chris Bernhardt. "We look forward to continuing production of these electronic countermeasures systems supporting U.S. and allied forces."

ITT Electronic Systems is a leading supplier of information and electronic countermeasure technologies, systems and services that enable mission success and survivability for a broad range of military aircraft. Its Gilfillan radar systems provide state-of-the-art air defense, surveillance, multifunction and air traffic control radar systems for U.S. and international land and maritime applications.

About ITT Corporation
ITT Corporation (www.itt.com) is a diversified high-technology engineering and manufacturing company dedicated to creating more livable environments, enabling communications and providing protection and safety. The company plays an important role in vital markets including water and fluids management, global defense and security, and motion and flow control. ITT employs approximately 40,000 people serving customers in more than 50 countries. Headquartered in White Plains, N.Y., the company generated $9 billion in 2007 sales.

Contact:
John Dench
tel +1 973 284 4543
john.dench@itt.com

Source
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