ITT Corporation

ITT Industries' Systems Division Wins $13.8 Million Defense Contract

    11/4/1998

        WHITE PLAINS, N.Y., Nov. 4 /PRNewswire/ -- Headquarters United States Air
    Force-Europe (USAFE) has awarded ITT Industries' System Division the
    $13.8 million USAFE Southern Base Communications Contract.  This contract
    provides all labor and supervision for telephone switchboard operations,
    telephone system maintenance, antenna maintenance, and maintenance
    control/help desk at various locations in Turkey and Greece.
        ITT Industries' Systems Division, headquartered in Colorado Springs, CO,
    provides management and technical services on a wide range of government
    contracts with the Department of Defense, Department of Labor, Department of
    State and the National Aeronautics and Space Administration.  With over
    6,000 employees, the Systems Division operates at 90 locations in the United
    States and 12 foreign countries.
        ITT Industries, Inc. (NYSE: IIN) (http://www.ittind.com) is a global
    industrial manufacturing company with leading positions in the markets that it
    serves, generating annual global sales of $4.4 billion.  ITT Industries is the
    world's largest producer of pumps and also produces systems and services to
    move and control water and other fluids.  The company is also a leading
    supplier of sophisticated military defense systems, and provides advanced
    technical and operational services to a broad range of government agencies.
    ITT Industries is a leading provider of electrical interconnects for cellular
    telephones, aerospace, network communications, "smart cards" for personal data
    storage, and PC cards for laptop computers.  Further, ITT Industries provides
    industrial components for a number of other markets, including transportation,
    construction and aerospace.
        Based in White Plains, NY, ITT Industries employs approximately
    35,000 people around the world.  In addition to the New York Stock Exchange,
    ITT Industries' common stock is traded under the symbol ("IIN") on the
    Midwest, Pacific, London, Frankfurt and Paris exchanges.
        ITT Industries and its subsidiaries' news releases are available at no
    charge via fax and the Internet.  For ITT Industries news and information on
    the Internet, visit http://www.ittind.com.  To receive releases by fax, call
    800-758-5804, extension 110006.
    
    SOURCE  ITT Industries Systems Division
    
    

    Web site: http://www.ittind.com
    Company News On-Call: http://www.prnewswire.com/comp/110006.html
    or fax, 800-758-5804, ext. 110006
    CONTACT: Tom Glover of ITT Industries, 914-641-2160; or John
    Patanelli of ITT Systems, 719-637-5816

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.

Investors

Jason Moss
tel +1 914-641-2030
jason.moss@itt.com

Media

Laurent Lawrence
tel +1 914-304-1809
laurent.lawrence@itt.com

MEDIA