ITT Wins Contract to Build Next-Generation Imaging Payload for DigitalGlobe’s WorldView-3 Satellite

ROCHESTER, N.Y., — September 08, 2010 — ITT Corporation (NYSE:ITT) announced today that it was selected to build the imaging system—the “eyes” of the satellite—for DigitalGlobe’s WorldView-3 high-resolution commercial earth imaging satellite, anticipated to be available for launch by the end of 2014.

“ITT’s world-class imaging system for WorldView-3 will further expand the applications for satellite imagery in both commercial and government markets,” said Chris Young, president, ITT Geospatial Systems. “ITT has been recognized as the aerospace industry’s leading imaging payload provider for over 50 years. With further emphasis being placed on the use of commercial imaging systems to supplement national satellite capabilities, ITT’s technologies are well aligned to support not only DigitalGlobe, but government agencies as well.”

DigitalGlobe’s WorldView-3 will provide imagery that will help meet the increasing needs of the intelligence community and Department of Defense.

Jeff Kerridge, senior vice president, DigitalGlobe stated, “DigitalGlobe has been extremely pleased with the capabilities and performance of the imaging systems that ITT has provided for our current constellation. We look forward to partnering with ITT yet again to bring a highly advanced remote sensing satellite to the market.”

ITT will immediately begin work on the WorldView-3 imaging system, which will include a sensor subsystem and an optical telescope unit. ITT has an extensive heritage with DigitalGlobe—building the sensors or imaging systems for their current three-satellite constellation—QuickBird, WorldView-1 and -2.

Ball Aerospace & Technologies Corp. will build the spacecraft bus for the WorldView-3 imaging satellite.

About ITT Geospatial Systems

ITT Geospatial Systems, headquartered in Rochester, N.Y., is a global supplier of innovative night vision, remote sensing and navigation solutions that provide sight and situational awareness at the space, airborne, ground and soldier levels. ITT Geospatial Systems solutions range from image and data capture to processing and dissemination. Key applications include image intensification and thermal imaging; advanced power supplies; multi-spectral image systems; weather and climate monitoring; space science; intelligence, surveillance and reconnaissance; GPS-based positioning, navigation and timing systems; and image exploitation software. Using our technologies, customers can move beyond mere image acquisition to image interchange and true knowledge sharing. www.geospatial.itt.com

About ITT Corporation

ITT Corporation is a high-technology engineering and manufacturing company operating on all seven continents in three vital markets: water and fluids management, global defense and security, and motion and flow control. With a heritage of innovation, ITT partners with its customers to deliver extraordinary solutions that create more livable environments, provide protection and safety and connect our world. Headquartered in White Plains, N.Y., the company reported 2009 revenue of $10.9 billion. www.itt.com




Contact:

Irene Lockwood
585-269-5517
Email Contact

Geospatial Systems
P.O. Box 60488
1447 St. Paul St.
Rochester, NY 14606-0488
Tel 585 269 5600

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