ITT Corporation has realigned its defense business, consolidating seven business units into three.
Steve Loranger, ITT’s chairman, president and chief executive officer, said of the strategic reorganization “We are positioning ITT to support our customers’ emerging technology needs, while also greatly enhancing our ability to stake out new markets. We believe this move will also allow ITT to achieve greater operating efficiencies and optimize our cost structure, which will help drive successful business strategies for continued top-line growth.”
The company’s defense business will now be called ITT Defense and Information Solutions. The three new business units will be called:
- Electronic Systems, which will comprise the Electronic Systems, Communications Systems, and a portion of the Intelligence & Information Warfare division. The business unit will be based in Clifton, NJ and will shift its focus from separate, point-0f-use products to secure, networked communications systems and sensing, surveillance, and reconnaissance technologies to address electronic warfare threats.
- Geospatial Systems, which will comprise the Space and Night Systems divisions. The new business unit will be based in Rochester, NY and will focus on providing networked sensors and next-generation imaging, including space and air sensors, and air/ground/space systems, which transition the company’s capabilities toward image processing and distribution across defense networks.
- Information Systems, comprised of the Advanced Engineering & Sciences and Systems division as well as part of the Intelligence & Information Warfare division. This business unit will focus on networked decision support solutions, combining large system operations and maintenance capabilities with sophisticated information integration and protection, including next-gen air traffic control, national intelligence networks, and cybersecurity.
