ITT Corporation
News and overview for ITT Corporation
ITT Systems Will Supply Fresh Water to Mexican Oil Platform [Press Release]
Business Wire | 1 day 10 hours 15 minutes ago
ITT Corporation (NYSE: ITT) announced today that it has been awarded a contract to provide turnkey potable and process water treatment systems to a Mexican platform designed by Dragados Offshore Mexico. The contract is valued at $2.6 million, and will supply pumps and extensive treatment systems for an offshore oil platform in the Bay of Campeche. The project includes ITT Goulds pumps and ITT C’treat water process systems necessary for maintaining life support systems on-board, including drin...
ITT reports strong third quarter 2009 operating results, including record free cash flow and raises full-year adjusted earnings outlook [Press Release]
Business Wire | 25 days 15 hours 15 minutes ago
ITT Corporation (NYSE: ITT) today reported third quarter 2009 net income from continuing operations of $66 million, or $0.36 per share. When adjusted to exclude special items, income from continuing operations for the quarter was $190 million, or $1.03 per share, exceeding the previous guidance mid-point by $0.18. The Company raised its adjusted full-year earnings forecast to $3.70 to $3.74 per share, excluding special items.
Fitch Affirms ITT's Ratings at 'A-/F2' [Press Release]
Business Wire | 15 days 11 hours 53 minutes ago
Fitch Ratings has affirmed ITT Corporation's (ITT) debt ratings as follows:
ITT awarded $19.3 million Night Vision Goggle contract [Press Release]
Business Wire | 39 days 5 hours 53 minutes ago
ITT Corporation (NYSE: ITT) has been awarded a $19.3 million delivery order from the U.S. Army’s Research Development & Engineering Command Acquisition Center under the OMNI VII contract for AN/PVS-14 night vision monocular devices – ITT’s most popular and utilized night vision goggle. Eighty percent of these goggles are destined for the U.S. Air Force with the remaining quantities for the U.S. Navy and U.S. Army.
ITT Corporation Awarded $72 Million U.S. Army Aviation Contract [Press Release]
Business Wire | 39 days 6 hours 12 minutes ago
ITT Corporation (NYSE: ITT) has been awarded a $72 million Indefinite Delivery, Indefinite Quantity (IDIQ) contract for its Aviator’s Night Vision Imaging Systems, night vision tubes and spare parts. The company competitively won 100 percent of the IDIQ contract awarded by the U.S. Army Research Development and Engineering Command. With this most recent award, ITT remains the sole supplier of aviation goggles and tubes to the U.S. Army.
ITT Chairman, President and Chief Executive Officer to Speak at Baird s 2009 Industrial Conference [Press Release]
Business Wire | 15 days 10 hours 45 minutes ago
ITT Corporation (NYSE: ITT) Chairman, President and Chief Executive Officer Steve Loranger will present at the Baird’s 2009 Industrial Conference on Tuesday, November 10, 2009. Loranger’s comments will begin at 1:20 p.m. (CST).
ITT CFO to speak at Goldman Sachs Global Industrials Conference 2009 [Press Release]
Business Wire | 22 days 3 hours 58 minutes ago
ITT Corporation (NYSE: ITT) Senior Vice President and Chief Financial Officer Denise Ramos will present at the Goldman Sachs Global Industrials Conference 2009 on Wednesday, November 4, 2009. Ramos’ comments will begin at 10:15 a.m. (EST).
ITT CFO to Speak at 2009 Citi Investment Industrial Manufacturing & Transportation Conference [Press Release]
Business Wire | 14 days 5 hours 15 minutes ago
ITT Corporation (NYSE: ITT) Senior Vice President and Chief Financial Officer Denise Ramos will present at the 2009 Citi Investment Industrial Manufacturing & Transportation Conference on Thursday, November 12, 2009. Ramos’ comments will begin at 2:15 p.m. (EST).
ITT to Release Third Quarter 2009 Results on October 30 [Press Release]
Business Wire | 41 days 8 hours 32 minutes ago
ITT Corporation (NYSE: ITT) will release its third quarter 2009 financial results at 7:00 a.m. EDT, Friday, October 30, 2009. At 9:00 a.m. senior management will review financial and operating results, comment on current conditions and answer questions during an investor briefing.
ITT Provides Offshore Platform Equipment to Mexico's Dragados
Rigzone.com | 1 day 6 hours 47 minutes ago
How do 200 workers on an oil platform in the Bay of Campeche obtain the freshwater they need to survive? ITT Corporation delivers the answer -- with a turnkey potable water treatment system from ITT C’treat Offshore and pumping products from ITT Goulds Pumps.
Global Leaders Elected to Institute for Public Relations Board of Trustees; Commission on Measurement and Evaluation [Press Release]
PRNewswire | 5 days 4 hours 15 minutes ago
...Buonocore, Senior Vice President, Communications, ITT Corporation; Julie H. Craven, Vice President, Corporate Communications...Anderson, Group Director, Europe and Asia, News Corporation; Tony Cervone, Senior Vice President, Communications...
L&L International Holdings Names Dennis Bracy, Leading Energy Strategist, to the Board [Press Release]
PRNewswire | 20 days 9 hours 15 minutes ago
...previous professional positions include: President of Hill & Knowlton Technology, Director of Corporate Relations at ITT Corporation, and Vice President of Kaiser Aluminum. Dickson Lee, Chairman of L&L stated: "We are thrilled that Dennis...
Starwood Hotel s Denise Coll Inducted into the Massachusetts Lodging Association Hall of Fame [Press Release]
Business Wire | 19 days 10 hours 39 minutes ago
Starwood Hotels & Resorts Worldwide, Inc.(NYSE:HOT) is honored to announce that Denise M. Coll, President of Starwood’s North America Division, was selected by the Massachusetts Lodging Association (MLA) to be inducted into the MLA Hall of Fame for her contributions to the lodging industry of Massachusetts during her 30 year career. The award was presented last week at The Sheraton Boston Hotel during the 2009 MLA Hall of Fame Award Ceremony.
Critical Alerts for Intel, Las Vegas Sands, Weatherford, ITT Educational Services, and Toll Brothers Released by Seven Summits Research [Press Release]
PRNewswire | 1 day 5 hours 44 minutes ago
...Intel, Las Vegas Sands, Weatherford, ITT Educational Services, and Toll Brothers...Alerts cover the following stocks: Intel Corporation , Las Vegas Sands Corp. , Weatherford International Ltd. , ITT Educational Services Inc. , and Toll...
Reportlinker Adds Membrane Separation Technologies Report [Press Release]
PRNewswire | 77 days 12 hours 42 minutes ago
...Incorporated, Dow Chemical Company, FilmTec Corporation, E.I. DuPont De Nemours and Co., GE Water & Process Technologies, ITT Corporation, Koch Membrane Systems, Inc., Millipore Corporation, Nitto Denko Corporation, Pall Corporation...
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Company Overview
| Company: | ITT Corporation |
|---|---|
| Industry: | Aerospace & Defense Parts Manufacturing |
| Website: | http://www.itt.com |
ITT doesn't get defensive when you associate its name with fluid motion. The company has three primary segments: defense electronics (combat radios, night vision devices, airborne electronic warfare systems), fluid technology (pumps, mixers, heat exchangers, and valves for water and wastewater systems), and motion and flow control (connectors, boat pumps, shock absorbers, friction pads for communication and transportation applications). ITT, which traces its corporate roots back nearly 90 years to the old ITT phone empire, also provides repair and maintenance services for the products it manufactures. The company makes about two-thirds of its sales in the US.
Key Numbers
| Sales in U.S. Dollars (mil.) | 11,694.8 (2008) |
|---|---|
| One-year % Growth in Sales | 29.9 (2008) |
| Net Income in U.S. Dollars (mil.) | 794.7 (2008) |
| One-year % Growth in Net Income | 7.1 (2008) |
| Number of Employees | 40,800 (2008) |
| One-year % Growth in Number of Employees | 2.8 (2008) |
| Fiscal Year-End | December |
