ITT Corporation opens office in New Delhi, India
NEW DELHI, April 9, 2010 — ITT Corporation (NYSE:ITT) today announced the opening of ITT Defence International Inc., the company's first defence-focused office in India. The new office was opened today in the capital of New Delhi, where it will be accessible to many government entities. ITT Defence International Inc. will focus on delivering ITT's portfolio of defence and information solutions to the Indian market.
"India requires sophisticated defence technologies, and ITT is committed to working with the Indian Ministry of Defence to deliver our best solutions for their military and home affairs operations," said David Melcher, president of ITT Defense & Information Solutions. "Opening a local office emphasizes our long-term commitment to the growing Indian market."
ITT will offer a range of defence solutions for the Indian market including night vision technology, tactical radios and global air traffic management. Ron Smith, vice president of business development and general manager of ITT Defence International, will lead the office initiatives and day-to-day operations. "We are excited to establish a new office in India," said Smith. "It is a natural expansion for ITT and will allow us to deliver high-performing defence solutions and technologies for the region."
ITT, a top-10 U.S. defence contractor, recently realigned its Defense & Information Solutions business segment to meet the emerging needs of its global customers. The realignment will allow ITT to deliver broader solutions to customer needs, as the company expands outside the United States. ITT Defence International in India is the company's second international defence office. ITT Defence Ltd., in Basingstoke, England has been in operation since 1993.
About ITT Corporation
ITT Corporation is a high-technology engineering and manufacturing company operating on all seven continents in three vital markets: water and fluids management, global defence and security, and motion and flow control. With a heritage of innovation, ITT partners with its customers to deliver extraordinary solutions that create more livable environments, provide protection and safety and connect our world. Headquartered in White Plains, N.Y., the company generated 2009 revenue of $10.9 billion. www.itt.com
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