WHITE PLAINS, N.Y., June 11 /PRNewswire/ -- Spaceport Systems
International (SSI), a limited partnership between ITT Industries (NYSE: IIN)
and California Commercial Spaceport, Inc. has been selected for the first
Minotaur space launch. Under the contract awarded by the U.S. Air Force, SSI
will provide commercial payload processing, and range and launch site services
for payloads being developed jointly by the U.S. Air Force Academy and Weber
State University. The satellite launch, scheduled for late 1999, will be the
first launch from SSI's California Spaceport.
As part of government efforts to use excess cold war assets for research
and education, the U.S. Air Force is converting and utilizing excess Minuteman
II launch vehicles for government satellite delivery. The Minotaur is a
launch vehicle made up of modified Minuteman Stages I and II mated with
Pegasus upper stages and avionics. The Air Force Academy/Weber State
University satellites, along with several micro-sets, will be the first
payloads to fly on the converted Minuteman.
"This contract is a major win for the California Spaceport," said Earl
Severo, CEO, Spaceport Systems International. "We will be able to demonstrate
our ability to integrate and provide affordable, high quality launch services
while demonstrating reduced cycle times to launch. This sets the course for a
full service Spaceport."
The California Spaceport is located in the southern most corner of
Vandenberg Air Force Base and is ideally situated to support direct injection
into a broad range of polar orbit inclinations. It is one of four launch
facilities designated as "qualified launch sites" for the converted Minuteman
II launch vehicle.
On November 28, 1994, ITT Industries and the California Commercial
Spaceport, Inc. announced the limited partnership that resulted in the
formation of Spaceport Systems International L.P. Since that time, the
company has focused its efforts to bring commercial space services to the
central coast of California.
ITT Industries (http://www.ittind.com) is a leading worldwide diversified
manufacturing company, with 1997 sales of $8.8 billion in 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
the world's leading manufacturer of pumps, systems and services for the
movement, measurement and control of fluids. Based in White Plains, NY, the
company employs more than 58,000 people worldwide.
In addition to the New York Stock Exchange, ITT Industries' stock is
traded under the symbol "IIN" on the Midwest, Pacific, London, Frankfurt and
SOURCE ITT Industries
Web site: http://www.ittind.com
CONTACT: Tom Glover of ITT Industries, 914-641-2160; or Millie
Rogers of ITT Defense & Electronics, 703-790-6336; or Earl Severo
of Spaceport Systems International, 805-733-7370
Company News On-Call: http://www.prnewswire.com or fax,
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