ITT Awarded GCA-2000 Radar Contract for Sweden
August 04 2006 - 1:22PM
PR Newswire (US)
WHITE PLAINS, N.Y., Aug. 4 /PRNewswire/ -- ITT Corporation
(NYSE:ITT) has signed a contract for more than $5 million with
Forsvarets Materielverk (FMV) of Sweden to supply a transportable
GCA-2000. Delivery of the radar in early 2007 will enable the
Swedish Armed Forces to expand its capabilities in supporting its
mission requirements, both domestically and in support of the
European Union (EU) Forces. Work will be performed by the
Electronic Systems Division, Radar Systems - Gilfillan. The
GCA-2000 is a state-of-the-art air traffic control (ATC) radar and
is one of the top precision approach radar and landing solutions in
the world. The radar combines a surveillance radar, for controlling
arriving and departing aircraft in the immediate area around the
airport, with a precision approach radar for guiding aircraft to
safe landings in extreme physical environments. The GCA-2000 is
able to change runways in less than a minute to support variations
in landing conditions. The ITT family of ATC solid-state radars is
available in fixed, transportable, and mobile versions for both
civil and military applications worldwide. They are the number one
choice for military ATC services in the world and are operational,
in various configurations, in several countries. Electronic
Systems, Radar Systems Vice President William Devlin said, "We're
pleased to be recognized as one of the world's leaders in tactical
air traffic control systems and we support Sweden and the European
Union members in a wide range of operations." ITT provides
state-of-the-art air defense, surveillance, multifunction and air
traffic control radar systems for U.S. and international land and
maritime applications. Offering more than 60 years of leadership in
radar technologies and services, ITT is also a leader in the
development of miniaturized active array antenna modules and
subsystems for sensor and communications applications. About ITT
Corporation ITT Corporation (http://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 electronic components market with a wide
range of products. Headquartered in White Plains, NY, the company
generated $7.4 billion in 2005 sales. In addition to the New York
Stock Exchange, ITT Corporation stock is traded on the NYSE Arca,
Paris, London, and Frankfurt exchanges. DATASOURCE: ITT Corporation
CONTACT: Natasha Haubold, +1-703-790-6332, , or Evelyn Teichner,
+1-818-901-2428, , both of ITT Corporation Web site:
http://www.itt.com/
Copyright
ITT (NYSE:ITT)
Historical Stock Chart
From Jun 2024 to Jul 2024
ITT (NYSE:ITT)
Historical Stock Chart
From Jul 2023 to Jul 2024