ITT Corporation

ITT Defence Signs Bowman Agreement with Siemens Plessey and Racal

    12/3/1996

    ITT Defence Signs Bowman Agreement with Siemens Plessey and Racal

        MCLEAN, Va., Dec. 3 /PRNewswire/ -- ITT Defence, Ltd., a unit of ITT
    Defense & Electronics, has announced the signing of an agreement in principle
    with Siemens Plessey Systems and Racal Radio to form an alliance to address
    the United Kingdom Ministry of Defence's Bowman requirement for a new $3.2
    billion battlefield communications system for the British Armed forces.  The
    three companies would pool technical, manufacturing and production resources
    to ensure the most cost-effective solution to this demanding operational
    requirement.
        This proposal has been submitted for consideration to the Ministry of
    Defence, which is currently evaluating a number of procurement options for the
    production phase of Bowman, with a decision expected soon.
        Making today's announcement, Louis J. Giuliano, President and CEO of ITT
    Defense & Electronics said, "We're very excited about this potential
    arrangement. Bowman is the largest tactical communications opportunity in the
    world, and those companies who participate on this program will be in the
    forefront of global tactical communications.
        "We're pleased with our performance on the Bowman program.  Efforts to
    date have brought about powerful new communications capabilities.  Formation
    of this team allows the new products developed under the program to be fielded
    in the shortest amount of time."
        "Transfer of appropriate technologies between the United States and the
    United Kingdom could ultimately lead to increased interoperability between
    British and American forces, and the introduction into the United Kingdom of
    relevant aspects of the American battlefield digitization program.  Likewise,
    the advanced capabilities being designed in the United Kingdom as part of the
    Bowman program could be made available to the United States, paving the way
    for the wider implementation of joint UK/US standards, facilities and
    interoperability throughout NATO," he continued.
        According to Giuliano, the proposal would deliver genuine advantages to
    the United Kingdom Ministry of Defence in terms of improved system
    performance, cost savings through ongoing competition for the sub-systems,
    risk reduction and through-life enhancement, while continuing to ensure the
    system's early inservice date.
        ITT Defence, Siemens Plessey and Racal also have agreed to enter into
    discussions with a view to extending the proposed arrangements to cover the
    joint marketing of the new products to meet world-wide export opportunities.
        "The Bowman program represents a major step in the development of a fully
    integrated digital architecture in the tactical communications field.  ITT
    Aerospace/Communications, a division of ITT Defense & Electronics, is a leader
    in US battlefield communications systems.  Its affiliate, ITT Defence,
    together with Siemens Plessey and Racal, represent a powerful combination in
    serving the worldwide marketplace," Giuliano commented.
        ITT Defense & Electronics is a leading supplier of high technology
    commercial and defense electronic systems, semiconductors, standard and
    customized connectors, and operations and maintenance services, with customers
    in avionics, data, communications, information systems, military/space and
    transportation.
        ITT Defense & Electronics is a business unit of ITT Industries (NYSE:
    IIN), a leading worldwide diversified manufacturing company, with 1995 sales
    of $8.4 billion from its three primary business segments:  automotive, defense
    and electronics, and fluid technology.  ITT Automotive is one of the world's
    largest independent suppliers of systems and components to automotive
    manufacturers.  ITT Fluid Technology is one of the world's leading
    manufacturers of products, systems and services for the movement, measurement
    and control of fluids.
        In addition to the New York Stock Exchange, ITT Industries' stock is
    traded under the symbol (IIN) on the Basel, Bern, Frankfurt, Geneva, Lausanne,
    London, Midwest, Pacific and Paris exchanges.
       ITT Industries and its subsidiaries' press releases are available at no
    charge via fax and the Internet.  To receive releases by fax, call 800-758-
    5804, extension 110006.  For ITT Industries' news on the Internet, visit
    http://www.ittind.com or http://www.prnewswire.com
    
    
    
    

    CONTACT: Millie D. Rogers of ITT Defence, Ltd., 703-790-6336

About ITT

ITT is a diversified leading manufacturer of highly engineered critical components and customized technology solutions for the transportation, industrial, and oil and gas markets. Building on its heritage of innovation, ITT partners with its customers to deliver enduring solutions to the key industries that underpin our modern way of life. ITT is headquartered in White Plains, N.Y., with employees in more than 35 countries and sales in a total of approximately 125 countries. The company generated 2016 revenues of $2.4 billion.

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