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Recent News
NASA’s new priorities favor ITT, Raytheon
The Fort Wayne operations of Raytheon Network Centric Systems and ITT Geospatial Systems are among the Indiana businesses likely to benefit from a new direction NASA is taking. The agency’s decision to focus on scientific research and turn most space transportation and logistics work over to the private sector could make more funding available for projects involving locally developed ITT satellite payloads and Raytheon situational awareness technology.
Colorado Springs, Colo., March 4, 2010 – ITT Corporation (NYSE: ITT) has been awarded a contract to provide maintenance, supply and transportation services to the U.S. Army and U.S. Marine Corps on Camp Arifjan and other locations in Southwest Asia. The award is a task order under the Field Installation Readiness Support Team (FIRST) contract vehicle, for one base year with four one-year options. The expected value of work completed in 2010 is approximately $45 million, with a total potential contract value of approximately $230 million with all options exercised.
Rochester, N.Y., February 26, 2010 - ITT Corporation (NYSE: ITT) announced that it has been selected by the U.S. Air Force Space and Missile Systems Center as part of the Raytheon Company (NYSE: RTN) team to provide components and services for the next generation of Global Positioning System (GPS). Under the contract agreement, ITT will provide navigation processing components, precision monitor station receivers, and key components of the system security design for the GPS Advanced Control Segment (OCX).
BALTIMORE, MD., Feb. 19, 2010 – ITT Corporation (NYSE:ITT) congratulates four of its talented engineers who were recognized as “Modern Day Technology Leaders” during the Black Engineer of the Year Awards (BEYA) Science, Technology, Engineering, Math of “STEM” Conference award ceremony in Baltimore, MD.
WASHINGTON, Jan. 27, 2010 – While most parents carry around a tattered, wallet-sized photo or two of their kids, Mary Scott has about a dozen 8-by-10s ready for display. Upon request, she whips out her family portraits with the speed of a Wild West six-shooter. Her now-grown children are posed in various scenes outside, mostly clad in camouflage. All six of her children, she tells people with pride, are in the military. “My children are my heroes,” she said. “My husband and I always let them know how proud we are of them and how proud they should be.” Five of the Scotts’ children are in the Army, and one in the Air Force – and all are scattered throughout the world. This year, like many before, only half of her children made it home for the holidays, but she takes the separations in stride.
NASA’s new priorities favor ITT, Raytheon
The Fort Wayne operations of Raytheon Network Centric Systems and ITT Geospatial Systems are among the Indiana businesses likely to benefit from a new direction NASA is taking. The agency’s decision to focus on scientific research and turn most space transportation and logistics work over to the private sector could make more funding available for projects involving locally developed ITT satellite payloads and Raytheon situational awareness technology.
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Colorado Springs, Colo., March 4, 2010 – ITT Corporation (NYSE: ITT) has been awarded a contract to provide maintenance, supply and transportation services to the U.S. Army and U.S. Marine Corps on Camp Arifjan and other locations in Southwest Asia. The award is a task order under the Field Installation Readiness Support Team (FIRST) contract vehicle, for one base year with four one-year options. The expected value of work completed in 2010 is approximately $45 million, with a total potential contract value of approximately $230 million with all options exercised.
| READ MORE | |
Rochester, N.Y., February 26, 2010 - ITT Corporation (NYSE: ITT) announced that it has been selected by the U.S. Air Force Space and Missile Systems Center as part of the Raytheon Company (NYSE: RTN) team to provide components and services for the next generation of Global Positioning System (GPS). Under the contract agreement, ITT will provide navigation processing components, precision monitor station receivers, and key components of the system security design for the GPS Advanced Control Segment (OCX).
| READ MORE | |
BALTIMORE, MD., Feb. 19, 2010 – ITT Corporation (NYSE:ITT) congratulates four of its talented engineers who were recognized as “Modern Day Technology Leaders” during the Black Engineer of the Year Awards (BEYA) Science, Technology, Engineering, Math of “STEM” Conference award ceremony in Baltimore, MD.
| FULL NEWS RELEASE | |
WASHINGTON, Jan. 27, 2010 – While most parents carry around a tattered, wallet-sized photo or two of their kids, Mary Scott has about a dozen 8-by-10s ready for display. Upon request, she whips out her family portraits with the speed of a Wild West six-shooter. Her now-grown children are posed in various scenes outside, mostly clad in camouflage. All six of her children, she tells people with pride, are in the military. “My children are my heroes,” she said. “My husband and I always let them know how proud we are of them and how proud they should be.” Five of the Scotts’ children are in the Army, and one in the Air Force – and all are scattered throughout the world. This year, like many before, only half of her children made it home for the holidays, but she takes the separations in stride.
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