
By Matthew Potter : One of the fallouts from the major declines in defense spending in the Nineties after the Eighties boom was a sharp increase in Merger & Acquisitions (M&A) among the defense industry. Companies large, like McDonnell Douglas, medium, like Logicon, and small, like TASC, combined
* ITT Exelis seeks buyer for Mission Systems assets-sources
Raytheon, or in conglomerates with meaningful defense operations, such as United Technologies, Honeywell International, or ITT . Still another possibility is to venture into the traditional open-end mutual fund space, Fidelity Select Defense & Aerospace
Boeing, or Raytheon, or in conglomerates with meaningful defense operations, such as United Technologies, Honeywell, or ITT . Still another possibility is to venture into the traditional open-end mutual fund space, Fidelity Select Defense & Aerospace
of no long-term debt, the new ITT carries an outsized portion of legacy ..... about 30% of segment revenue. Pumps and valves are ITT 's primary products in this segment ..... respected brand name in Goulds Pumps and a near-century history of
May 4 (Reuters) - Defense contractor ITT Exelis posted better-than-expected quarterly results, helped by strong revenue at its information and technical services segment.
ITT ITT reported impressive results in its second quarter as a stand-alone company ..... versus $557 million expected, and $0.39 in EPS versus $0.31 expected. ITT reiterated 2012 revenue and EPS guidance, but we think the firm could raise
ITT Industries ( ITT ): Q1 EPS of $0.39 beats by $0.08 . Revenue of $577M (+8.3% Y/Y) beats by $23M . ( PR ) Post your comment!
Welcome to the ITT 's First Quarter 2012 Earnings Conference Call. Starting the call today from ITT is Melissa Trombetta, Director of Investor ..... you, Jackie. Good morning and welcome to ITT 's first quarter 2012 investor review
growth of up to 10% and committed to repurchasing an additional $6 billion of its shares. Xylem (XYL), spun off from ITT in late October 2011, is a world leader in water technologies, from equipment to services, treating water and sewage