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ITT to pursue opportunities in United Arab Emirates

February
23

ITT Corp., a White Plains-based defense contractor, will pursue business ventures in the defense and security sectors of the United Arab Emirates as part of a partnership agreement announced today.

ITT expects that the agreement will open up opportunities in communications, sensing, surveillance, space, and advanced engineering in the Middle Eastern country. Dave Melcher, president of ITT Defense Electronics and Services, signed the agreement with Hussain Ibrahim Al Hammadi, chairman and chief executive officer of Emirates Advanced Investments, which will act as a partner.

“The signing of this agreement formalizes a relationship of trust and confidence that we have mutually developed over the course of nearly a year,” Bernard J. Dunn, vice president of ITT Middle East Operations, said in a written statement.

This entry was posted on Monday, February 23rd, 2009 at 2:52 pm by Jay Loomis. You can follow any responses to this entry through the RSS 2.0 feed.
Category: Expansion

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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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