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Systems Division Press Release

ITT Wins US Army Communications Contract

White Plains, NY (07/31/06) — ITT Corporation (NYSE: ITT) announced today that it has been awarded the Operations, Maintenance, and Supply-Europe contract by the US Army’s Information Technology, E-Commerce and Commercial Contracting Center-West (ITEC4-W), based in Fort Huachuca, AZ. The $152 million contract has an 11-month base period and 4 1-year option periods. Work will be performed by ITT’s Systems Division, headquartered in Colorado Springs, CO.

The scope of work includes operations, maintenance, repair and supply support for communications systems, including the Global Information Grid (GIG), Video Teleconferencing (VTC) Sites, the Defense Red Switch Network (DRSN) and support for forward-deployed locations. Contract activities will be performed in Germany, Italy, Bosnia, Kosovo and deployed locations in support of the US Army's 5th Signal Command.

“ITT has a 40-year history of superior communications performance with the US Army and Air Force in Europe,” stated Pete McKinney, President of ITT Systems Division. “Maintaining our partnership with NETCOM in support of its global communications mission will enable ITT to provide effective and responsive support to the 5th Signal Command's critical mission requirements throughout the European theatre.”

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 key markets, including: fluid and water management, including water treatment; defense communication, opto-electronics, information technology and services; electronic interconnects and switches; and other specialty products. Headquartered in White Plains, NY, the company generated $7.4 billion in 2005 sales. In addition to the New York Stock Exchange, ITT stock is traded on the Midwest, Pacific, Paris, London and Frankfurt exchanges.

Contact

Michael Gulino
(719) 591-3577
Michael.Gulino@itt.com


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