ITT Corporation

ITT Defense and Electronics Awarded Contract for U.S. Army's Combat Net Radio; Army's Partner in SINCGARS Radio Development Wins Downselect

    4/28/1997

    FORT WAYNE, Ind., April 28 /PRNewswire/ — ITT Defense & Electronics
    (ITT D&E) has been awarded a contract worth  $190M and another $320M in
    options from the U.S. Army's Communications/ Electronics Command.
    
    Under the base contract, ITT Aerospace/Communications (ITT A/CD), a
    Division of ITT Defense & Electronics located in Fort Wayne, Indiana, will
    produce and deliver more than 35,000 SINCGARS receiver/transmitters for the
    U.S. Military beginning in mid-1998.  The contract includes options for an
    additional 50,000 SINCGARS to be delivered over the following two years.  The
    contract also includes 20,000 Vehicle Adapter Assemblies (VAA) with options
    for an additional 25,000.  The VAAs include embedded Internet Controllers to
    route voice and data on the move.
        "Our company's partnership with the U.S. Army in creating and then
    evolving SINCGARS has helped to transform tactical communications from
    broadcasting voice messages up and down the chain of command to a
    communications system that provides voice, situational awareness,
    command/control and data information across entire tactical echelons.  We are
    proud of our role in developing SINCGARS and helping to lead the way in a
    number of key technologies needed for the digitized environment of the 21st
    Century," said Louis J. Giuliano, President and Chief Executive officer of ITT
    Defense & Electronics.
        "We are pleased to receive this very important contract and to continue
    our successful collaboration with the U.S. Army.  This contract reflects our
    significant and ongoing investments in making SINCGARS the finest tactical
    communications system in the world.  Those investments enable us to provide
    the Army with a radio that is lower priced, more capable and half the size and
    weight of the current SINCGARS SIP.  Other improvements in SINCGARS include a
    substantial increase in battery life and waveform enhancements that improve
    both voice and data reliability in a tactical internet environment," said
    Dr. Marvin R. Sambur, President and General Manager of ITT
    Aerospace/Communications Division.
        Headquartered in McLean, VA, ITT Defense & Electronics is a management
    unit of ITT Industries (NYSE: IIN),(http://www.ittind.com) a leading worldwide
    diversified manufacturing company, with 1996 sales of over $8.5 billion from
    its three primary business segments: Automotive, Defense & Electronics, and
    Fluid Technology.  ITT Industries, through its ITT Automotive unit, is one of
    the  largest independent suppliers of systems and components of automotive
    manufacturers.  ITT Defense & Electronics is a leader in the design,
    manufacture and support of high technology electronic systems and components
    for defense and commercial markets.  ITT Fluid Technology, is one of the
    world's largest 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 Midwest, Pacific, London, Frankfurt and
    Paris exchanges.
    
    SOURCE  ITT Defense & Electronics
    
    

    CONTACT: Ralph D. Allen of ITT Industries, 914-641-2030; or John
    Kirkwood of ITT D&E, 219-487-6384

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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