ITT Corporation

ITT Gilfillan Awarded $40 Million Radar Contract From Korea

    9/12/1997

        VAN NUYS, Calif., Sept. 9 /PRNewswire/ -- ITT Gilfillan, a unit of ITT
    Defense & Electronics, has been awarded a radar contract from the South Korean
    Defense Procurement Agency.  The award, valued at approximately $40 million,
    calls for the production and installation of ITT Gilfillan mobile and fixed
    site RAPCON air traffic control and air defense surveillance systems, to be
    used by the Republic of Korea Army and Air Force.
        This contract award follows several other awards to ITT Gilfillan by the
    Republic of Korea for these high performance radar systems.  ITT Gilfillan
    President and General Manager Jim Cameron stated, "This latest contract from
    the Republic of Korea confirms ITT Gilfillan's leadership in advanced military
    Air Traffic Control radar systems and further establishes ITT Gilfillan as the
    leading supplier of military RAPCON systems in the international marketplace."
        ITT Gilfillan, a unit of ITT Defense & Electronics, designs and
    manufactures state-of-the-art air traffic control and air/battlefield defense
    radar systems which are deployed around the world.  The company has been
    producing advanced radar systems for more than 50 years.
        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
    1996 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.
        ITT Industries' stock (IIN) is traded on the New York, Midwest, Pacific,
    London, Frankfurt, and Paris exchanges.
    
    SOURCE  ITT Gilfillan
    
    

    CONTACT: Dianne K. Davis of ITT Gilfillan, 818-901-2428, or fax,
    818-901-2435

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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