Business in the Burbs

ITT awarded $206 million contract

October

ITT Corp. of White Plains said that it has been awarded a $206 million military contract to make equipment used by U.S. forces in Iraq and Afghanistan to thwart hostile attacks.
Troops mount the ITT devices on armored vehicles to prevent the detonation of roadside explosive devices.

â€œWe greatly value the importance of this program and remain committed to producing the highest quality products that can be trusted by the men and women serving our nation,â€ Chris Bernhardt, president of ITTâ€™s Electronic Systems business, said in a written statement.

Under the contract, ITT will make an additional 2,866 CREW 2.1 Vehicle Receiver Jammers. This the third option exercised under a $1.042 billion contract to build and deliver up to an additional 15,000 CREW 2.1 devices and spares. The contract was awarded by the U.S. Naval Sea Systems Command. ITT is building the systems at its plant in Thousand Oaks, Calif.

This entry was posted on Monday, October 27th, 2008 at 12:02 pm by Jay Loomis. You can follow any responses to this entry through the RSS 2.0 feed.
Category: Contract

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