Systems Division Press Release
ITT Wins US Navy SeaPort-E Task Order
White Plains, NY (03/31/06) — The US Navy, under the Virtual Systems Command SeaPort-E task order contract vehicle selected ITT (NYSE:ITT) over multiple competitors for the $14.3 million contract to provide Operations and Maintenance (O&M) for training, targets, boats, and aviation support equipment for the US Navy’s Fleet Composite Squadron Six (VC-6) operations, based out of Norfolk, VA. Contract work will be performed by ITT’s Systems Division, headquartered in Colorado Springs, CO.
The contract will begin on May 1st and includes modification, preventive and unscheduled maintenance, storage, reactivation and conversion of seaborne targets, small boats, towed targets and associated support equipment. Support requirements also include staffing for periodic deployments.
“ITT welcomes the opportunity to expand our partnership with the US Navy, and we will continue our ‘One Team – One Mission’ commitment to always deliver performance excellence to the Fleet Composite Squadron Six customer,” said ITT Systems Division President, Pete McKinney.
About Systems Division
As an ITT Value Center, Systems Division (www.ittsystems.com) provides, on a worldwide basis, select Government, commercial and international customers with value-added, total systems solutions for turn-key satellite earth terminals, sustainment and service life extension of air and missile defense systems, communications systems O&M, command and control, and range, spacelift systems, equipment and facilities maintenance, to include service life extension and full logistics life cycle support.
About ITT Corporation
ITT Corporation (www.itt.com) supplies advanced technology products and services in several growth markets. ITT is a global leader in the transport, treatment and control of water, wastewater and other fluids. The company plays a vital role in international security through its defense communications and electronics products; space surveillance and intelligence systems; and advanced engineering and related services. It also serves the growing leisure marine and electronic components market with a wide range of products. Headquartered in White Plains, NY, the company generated $7.4 billion in 2005 sales. In addition to the New York Stock Exchange, ITT Corporation stock is traded on the NYSE Arca, Paris, London and Frankfurt exchanges.
Contact
Michael Gulino
(719) 591-3577
Michael.Gulino@itt.com
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ITT Systems Press Contact
Robert Sweeney
719-591-3513
Robert.Sweeney@itt.com
ITT Defense or ITT Corporation
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703-790-6334
Tom.Glover@itt.com