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White Plains, NY October 17, 2007 — ITT Corporation (NYSE:ITT) announced today its contribution to the latest U.S. Air Force Global Positioning Satellite to join the constellation. The GPS IIR-17 satellite, built by a team led by Lockheed Martin, was just launched from Cape Canaveral aboard a Delta II rocket. This satellite is the fourth member of the Block IIR-M and its ITT payload features a number of important improvements over earlier generations including two new signals: one civil (designated L2C) and the other military (called M-code). Block IIR-M satellites also feature higher output power, including the ability to vary signal levels to prevent unwanted interference. "ITT is proud to be a provider of payload equipment on every GPS launch to date," said Chris Young, president of ITT Space Systems Division. "This latest Block IIR-M satellite is proof of our commitment to incorporating technological advances to benefit civil and military users worldwide." The launch of the fifth GPS Block IIR-M satellite, designated IIR-18, is tentatively scheduled for December 2007. ITT's Space Systems Division provides innovative remote sensing and navigation solutions to customers in the Department of Defense, Intelligence, Space Science and Commercial Aerospace to help them visualize and understand critical events happening on Earth, in the air, or in space in time to take effective action. Leveraging comprehensive capabilities, Space Systems' solutions span from image and data collection through processing and dissemination. Key applications include intelligence, surveillance and reconnaissance; high-resolution commercial imaging; space science; meteorology and Earth sciences; GPS navigation; and image and data processing and dissemination. For more information on ITT's Space Systems Division, please visit www.ssd.itt.com. About ITT Corporation ITT Corporation (www.itt.com) supplies advanced technology products and services in several growth markets. ITT is a global leader in the transport, treatment and control of water, wastewater and other fluids. The company plays a vital role in international security through its defense communications and electronics products; space surveillance and intelligence systems; and advanced engineering and related services. It also serves the growing leisure marine and electrical connectors markets with a wide range of products. Headquartered in White Plains, N.Y., the company generated $7.8 billion in 2006 sales. In addition to the New York Stock Exchange, ITT Corporation stock is traded on the Euronext and Frankfurt exchanges. Editor's Note: For additional information about ITT Industries Space Systems visit our Web site at http://www.ssd.itt.com/ For free B-roll/video content and logo about ITT Corporation, please log onto http://www.thenewsmarket.com/itt to preview and request video. You can receive broadcast-standard video quality digitally or by tape from this site. Registration and video are free to the media. © ITT Industries, 2007. |
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