Acquisition of Hartzell Aerospace enhances portfolio of highly engineered solutions
WHITE PLAINS, N.Y., June 16, 2015
— ITT Corporation (NYSE: ITT) announced today that it is showcasing its new portfolio of aerospace environmental control systems
at this year's Paris Air Show. These highly engineered and customized solutions came to ITT as part of its recent acquisition of Hartzell Aerospace, a leading manufacturer with a presence on a wide range of high-growth, next-generation aircraft platforms. The company is highlighting these products, along with a broad array of solutions for the commercial and defense aerospace industry, at Hall 3, Stand A98, June 15-21.
In addition to environmental control system solutions, ITT's portfolio now contains freeze protection and APU inlet and exhaust silencers. With the transaction, ITT has created a multitude of benefits for its customers and partners by bringing together two high-quality portfolios of innovative technologies for the aerospace industry and creating the opportunity to deliver an enhanced customer experience.
“The acquisition of Hartzell Aerospace is unlocking powerful new opportunities for ITT to expand its presence on new and existing platforms in the global aerospace industry and further position ourselves as a leader in the aerospace market," said Steve Kim, Vice President and General Manager of ITT's Control Technologies Aerospace business. “Hartzell Aerospace's technologies and expertise are an ideal complement to our Aerospace Controls business, and we are excited with the impact of bringing together two teams with a shared commitment to innovation, quality, performance and customer satisfaction."