ITT Corporation

ITT Industries' Defense Group Receives $41.4 Million Contract for U.S. Air Force B-1B Electronic Warfare Upgrade


        WHITE PLAINS, N.Y., July 7 /PRNewswire/ -- The team of ITT Avionics, a
    unit of ITT Industries' (NYSE: IIN) Defense and Electronics group, and
    Sanders, a Lockheed Martin Company (NYSE: LMT), have announced a $41.4 million
    contract from Boeing (NYSE: BA) to provide the Integrated Defensive Electronic
    Countermeasures (IDECM) radio frequency (RF) subsystem for the U.S. Air Force
    B-1B Defensive System Upgrade Program (DSUP).  The IDECM RF countermeasures
    system is being developed by the team of ITT Avionics of Clifton, N.J., and
    Sanders of Nashau, N.H.
        The system upgrade will provide increased survivability for B-1B aircraft
    against advanced missile threats, as well as significantly lower operational
    and support costs.  The ITT Avionics/Sanders team will serve as a major
    subcontractor to Boeing which is prime contractor and systems integrator to
    the U.S. Air Force.  The Electronic Warfare (EW) Subsystem Integrator Team
    (SSIT) includes ITT Avionics, Sanders, and Lockheed Martin Fairchild Defense
    Systems (LMFDS) of Yonkers N.Y.
        Under the Engineering and Manufacturing Development (EMD) contract, the
    team will integrate the IDECM RF countermeasures suite with the ALR-56M radar
    warning receiver manufactured by LMFDS.  This upgraded electronics suite will
    support the B-1B's new conventional munitions delivery capabilities.  Delivery
    of 10 EMD systems is scheduled to begin in March of 1999.  The team will also
    support formal flight testing, which concludes in 2002.  Production is
    expected to begin in 2003.
        ITT Avionics and Sanders were selected in November of 1995 by the
    Department of Defense for the engineering and manufacturing development phase
    of the joint Navy-Air Force IDECM program.  IDECM is an integrated electronic
    warfare suite that will provide an onboard technique generator connected to a
    towed decoy that will transmit jamming signals to divert RF missiles.
        ITT Industries ( is a leading worldwide diversified
    manufacturing company, with 1996 sales of $8.4 billion dollars from its three
    primary business segments:  Automotive, Defense & Electronics, and Fluid
    Technology.  ITT Automotive is one of the largest independent suppliers of
    systems and components to 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 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 Industries

    CONTACT: Tom Martin of ITT Industries, 914-641-2157, or Rachelle
    Tucci ITT Avionics 201-284-4543 (IIN LMT BA)

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.


Jason Moss
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Laurent Lawrence
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