ITT Creates Separate Defense Company and Boosts Investment | Aviation International News

ITT Creates Separate Defense Company and Boosts Investment

ITT Corp.

The jam head of ITT’s infrared-countermeasures system was developed for a U.S. Army requirement. (Photo: ITT)

July 25, 2011

ITT Corp. will spin off its defense segment into a standalone business–ITT Exelis–later this year. The new company will be based in McLean, Va., and led by David Melcher, currently president of ITT Defense and Information Solutions, as CEO. The company’s 2011 revenue is estimated at $5.8 billion. Christopher Bernhardt will continue to lead the Electronic Systems unit in Clifton, N.J.

ITT’s technologies include phased-array antennas, beam formers and exciters used in airborne jammers and optical technologies associated with infrared countermeasures (IRCM).

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