ITT Corporation

ITT Industries' Aerospace/Communications Unit Awarded $156 Million For U.S. Army's Combat Net Radios

    4/22/1998

               Army Buys 33 Thousand Half-Size Advanced SINCGARS Radios
    
        WHITE PLAINS, N.Y., April 22 /PRNewswire/ -- ITT Aerospace/Communications
    Division (ITT A/CD), a unit of ITT Industries' (NYSE: IIN), today announced
    that it has been awarded a contract for $156.7M to produce several thousand
    new tactical radio receiver/transmitters, known as Advanced Single Channel
    Ground and Airborne Radio System (SINCGARS), for the U.S. Army.  ITT A/CD is
    the Army's sole supplier of the Advanced Lightweight SINCGARS SIP radio
    (ASIP).
        The new order is an addition to a 1997 SINCGARS contract, valued at
    $190 million, that ITT A/CD is currently fulfilling.  The ASIP is a smaller,
    lighter and more capable version of the SINCGARS radio that serves as the
    linchpin for the Army's evolving Tactical Internet.  The new ASIP is the
    result of a carefully planned evolution of enhancements that combine data and
    voice with networking capability into a package that is half the size and
    weight of the current SIP radio.  The Advanced SINCGARS SIP is destined for
    use in the Army's first digitized division as well as other high priority
    units.
        ITT Industries ( http://www.ittind.com ) is a leading worldwide
    diversified manufacturing company, with 1997 sales of $8.8 billion from its
    three primary business segments: Automotive, Defense & Electronics and Fluid
    Technology.  ITT Industries' automotive business is one of the world's largest
    independent suppliers of systems and components to automotive manufacturers.
    In the defense & electronics area, ITT Industries is a leader in the design,
    manufacture and support of high technology electronic systems and components
    for defense and commercial markets.  In Fluid Technology, ITT Industries is
    the world's leading manufacturers of pumps, 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
    
    

    Web site: http://www.ittind.com
    Company News On-Call: http://www.prnewswire.com, or fax,
    800-758-5804, ext. 110006
    CONTACT: Tom Glover of ITT Industries, 914-641-2160; or John
    Kirkwood of ITT Aerospace-Communications Division, 219-451-6384

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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