ITT Receives Follow-On Order for Systems to Defeat IEDs

(White Plains, N.Y., August 8, 2008) -- ITT Corporation (NYSE: ITT) announced today it has received a follow-on fixed price award, valued up to $1 billion, for its CREW 2.1 Vehicle Receiver Jammers (CVRJs), vehicle-mounted systems designed to prevent the detonation of improvised explosive devices (IEDs). Under the contract, ITT will build and deliver up to 15,000 additional CREW 2.1 devices, plus spares and related equipment. An order was issued for procurement of nearly 2,900 CREW 2.1 devices and valued at $187 million for delivery in 2008 and 2009. The contract was awarded by the U.S. Naval Sea Systems Command, and announced recently by the U.S. Department of Defense.

The CVRJ program is helping the Department of Defense meet urgent system requirements and increased production demands to prevent the detonation of radio-controlled IEDs. These counter-IED devices will be mounted on various armored vehicles, and other military transport equipment, and deployed to current military operations in Iraq and Afghanistan.

"We greatly value the importance of this program and remain committed to producing the highest quality products that can be trusted by the men and women serving our nation," said Chris Bernhardt, president of ITT's Electronic Systems business.

Source : ITT Corporation

Recent News from ITT Corporation

• ITT Receives $9.2 M for RAPCON System from Turkish Navy [Defence] [ Tue 18 Nov 2008 ]
• ITT Receives Order for Systems to Thwart IEDs [Defence] [ Tue 28 Oct 2008 ]
• ITT Completes Integrated Airborne Testing of IRCM System [Defence] [ Wed 15 Oct 2008 ]
• ITT awarded NASA Space Communications Network Services contract [Space] [ Mon 13 Oct 2008 ]
• ITT's 'MALTS' Practice Bomb Carriers Enter Operational Service [Defence] [ Thu 2 Oct 2008 ]
• US Army Awards Itt $153 M Night Vision Order [Defence] [ Fri 26 Sep 2008 ]
• ITT Successfully Demos New EW Concepts During RIMPAC [Defence] [ Thu 25 Sep 2008 ]