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ITT to produce protection systems for Army helicopters



By AP
05 May 2008 @ 11:56 am EST

WHITE PLAINS, N.Y. - Defense contractor ITT Corp. said Monday it has been awarded a $57 million contract to produce protection systems to be installed on Special Operations Army helicopters.

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The contract is the first part of a larger $312 million contract awarded to ITT by the U.S. Special Operations Technology Applications Program Office.

Under this contract, ITT will deliver 25 integrated situational awareness and self-protection systems, along with spares and related parts.

ITT shares rose 8 cents to $64.35.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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