ITT Corporation (NYSE: ITT) is moving forward as part of a team scheduled to work on comprehensive range operations services at the NASA Wallops Flight Facility in Virginia. The five-year base period with an estimated value of $117 million to the entire LJT team.
“This is an important strategic win for ITT on several levels, ” said Michael Gulino, president and general manager of ITT Systems. “It adds yet another range to the portfolio of launch and test facilities we support, and also expands our business with NASA, a customer we hope to serve further in the future.”