ITT selected to produce submarine-based surveillance systems for Norway

CLIFTON, N.J., December 14, 2010 — ITT Corporation (NYSE: ITT) has won a contract from the Norwegian Defense Logistics Organization to provide six tactical radar Electronic Support Measures (ESM) and surveillance systems for its Ula Class submarines.

ESM systems play an important role in a submarine's defenses. By monitoring electromagnetic energy, the crew can detect, intercept, locate, or analyze sources of those signals to detect other vessels or objects, and determine if any of these are a threat to the submarine. ITT's solution, based on its ES-3701 precision ESM system, is in use by numerous navies around the world. The system is ideally suited for ship, submarine and coastal surveillance, as well as land-based applications. In addition, the equipment has advanced capabilities for long-range radar signal acquisition, classification and intelligence.

"With our established in-country support and ability to offer early delivery of a solution that provides commonality across the Norwegian fleet, ITT is committed to helping Norway achieve its mission," said Bill Devlin, vice president of ITT's Radar Reconnaissance and Acoustic Systems business area. "This win continues to position us as a premier international supplier of ESM systems."

Work will be performed by ITT's Radar, Reconnaissance and Acoustic Systems business area, a leader in global solutions for battlespace situational awareness, electronic warfare and countermeasures.

ITT Electronic Systems is a leading provider of integrated electronic technology solutions for the U.S. and its allies. Led by world class expertise in electronic warfare and communications technologies, we support the tools to ensure mission success. Additional key technologies include mine defense, naval command/sonar applications, submarine communication and tracking, aircraft armament suspension/release equipment; electronic weapons interface systems, and advanced composite structures and subsystems, antenna systems, and precision landing and air traffic systems.

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 defense 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 reported 2009 revenue of $10.9 billion. www.itt.com

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Press Contact:

John C. Dench
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Investor Contact:

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