ITT Wins Air National Guard Contract for F-16 Mission Support

CLIFTON, N.J., November 3, 2010 — The U.S. Air National Guard has awarded ITT Corp. (NYSE: ITT) a $4.3 million contract to integrate and test an all-weather targeting pod in its F-16 fighter aircraft. This upgraded Thunder Radar Targeting Pod will enable pilots to complete missions in the most challenging weather conditions, day or night.

The system provides advanced Synthetic Aperture Radar capability to all models of the F-16, magnifying targets on the ground and providing a clear picture of threats to allied forces. The pod's aircraft interface is the same as that of the electro-optical (EO) pods currently in use, which permits efficient installation and transfer between aircraft as mission requirements dictate. This low-cost solution provides older F16s with advanced targeting capabilities without requiring aircraft structural changes or changes to current radar systems.

"With its all-weather capability and interchangeability, this solution will provide our forces with enhanced technology and flexibility to perform their critical missions," said Joe Ruffolo, vice president of ITT's integrated electronic warfare systems business area.

ITT is teamed with ELTA Systems Ltd., a defense electronics company specializing in radar and electronic warfare, which will provide all pod hardware. ITT will integrate the system into the F-16, add advanced signal processing capability into the pod, and verify the system's effectiveness through flight test demonstrations.

ITT Electronic Systems is a leading supplier of information and electronic warfare (EW) technologies, systems and services that enable mission success and survivability. Key technologies include integrated EW systems for a variety of aircraft, reconnaissance and surveillance systems for air and sea-based applications, force protection and counter-IED systems, precision landing and air traffic systems for military applications, and under sea systems encompassing mine defense, naval command and sonar systems, and acoustic sensors. In addition, ITT Electronic Systems produces aircraft armament suspension and release equipment, electronic weapons interface systems, and advanced composite structures and subsystems.

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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John Dench
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