|
ITT Awarded $407 Million for Additional SINCGARS
White Plains, NY – March 14, 2006 – ITT (NYSE: ITT) has received a $407 million order from the Army's Communications Electronics Command for additional SINCGARS tactical radio systems. The order for 60,000 ground and 458 airborne systems was made under the Army’s SINCGARS Omnibus contract awarded to ITT's Communications Systems (CS) in November of 2004.
SINCGARS is the backbone tactical radio system for the U.S. Army and is deployed globally with frontline troops from active, reserve and National Guard units. SINCGARS provides secure voice and data communications across the battlefield so soldiers can plan their operations in a totally secure environment.
Approximately 275,000 SINCGARS are deployed with U.S. and allied forces worldwide, and with this request, a total of 130,000 units are currently on order. SINCGARS is a constantly evolving system that has produced four generations of tactical radios.
"We are committed to keeping SINCGARS on the leading-edge of technology so soldiers have access to reliable communications when they need it most," said Lou Dollive, president and general manager of ITT CS.
ITT (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 Pacific, Paris, London and Frankfurt exchanges.
For more information:
Sylvia Gross
260-451-6074
Sylvia.gross@itt.com
or
Tom Glover
914-641-2160
tom.glover@itt.com
|