PRZOOM - /newswire/ -
White Plains, NY, United States, 2010/09/08 - ITT Corporation (NYSE: ITT) has been selected to produce mounted counter-IED systems under a contract awarded by the Naval Sea Systems command, Washington, DC. NYSE: ITT
Joint Counter-Radio Controlled Electronic Warfare (JCREW) mounted systems are electronic jammers designed to prevent the initiation of radio-controlled improvised explosive devices (IEDs). This technology is critical to protecting U.S. personnel from the threat posed by IEDs.
This indefinite delivery/indefinite quantity contract is for urgent procurement and support of JCREW systems to defeat the evolving counter-IED threat. Work will be performed by ITT's force protection systems business in Thousand Oaks, Calif.
"This award underscores our commitment and capabilities to protect armed forces that confront the IED threat," said Chris Bernhardt, president of ITT's electronic systems business. "As we strengthen our position in the counter-IED arena, this achievement is an important milestone in our refinement and production of this critical technology."
ITT Electronic Systems is a leading supplier of information and electronic warfare (EW) technologies, systems and services that enable mission success and survivability. Key technologies include integrated EW systems for a variety of aircraft, reconnaissance and surveillance systems for air and sea-based applications, force protection and counter-IED systems, precision landing and air traffic systems for military applications, and under sea systems encompassing mine defense, naval command and sonar systems, and acoustic sensors. In addition, ITT Electronic Systems produces aircraft armament suspension and release equipment, electronic weapons interface systems, and advanced composite structures and subsystems.
About ITT Corporation
ITT Corporation (itt.com) is a high-technology engineering and manufacturing company operating on all seven continents 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 reported 2009 revenue of $10.9 billion.
Investor Contact: Thomas Scalera / T: +1 914 641 2030 / E: thomas.scalera[.]itt.com.