ITT receives additional order for systems to defeat improvised explosive devices

WHITE PLAINS, N.Y. - May 9, 2008 - ITT Corporation (NYSE:ITT) announced today it has received a follow-on order valued at $27 million for its CREW 2.1 Vehicle Receiver Jammers, vehicle-mounted systems designed to prevent the detonation of improvised explosive devices (IEDs). The contract was awarded by the U.S. Naval Sea Systems Command, and announced recently by the U.S. Department of Defense. Under the contract, ITT will build and deliver an additional 353 CREW 2.1 devices, plus spares and related equipment.

The CREW 2.1 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 Mine Resistant Ambush Protected (MRAP) armored vehicles, and other military transport equipment, and deployed to current military operations in Iraq and Afghanistan.

"At ITT, we are committed to our defense forces and value the importance of this program," said Chris Bernhardt, president of ITT Electronic Systems. "We realize the impact we have on saving lives and are dedicated to producing equipment that can be trusted by the men and women serving the United States and its allies."

The CREW 2.1 jammers are being built at ITT's Electronic Systems facility in Thousand Oaks, Calif.

ITT Electronic Systems is a leading supplier of information and electronic warfare technologies, systems and services that enable mission success and survivability. Key technologies include integrated 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.

About ITT Corporation

ITT Corporation (www.itt.com) is a diversified high-technology engineering and manufacturing company dedicated to creating more livable environments, enabling communications and providing protection and safety. The company plays an important role in vital markets including water and fluids management, global defense and security, and motion and flow control. ITT employs approximately 40,000 people serving customers in more than 50 countries. Headquartered in White Plains, N.Y., the company generated $9 billion in 2007 sales.

Contact:

Thomas Scalera
tel +1 914 641 2030
thomas.scalera@itt.com