ITT's Defense Segment Will Help Soften Blows of Slower 2009

SUGAR LAND--December 17, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--ITT Corporation (NYSE:ITT) (White Plains, New York), a multi-industry company heavily involved in the defense and aerospace sector, gave 2009 guidance on December 16. In a conference call regarding the earnings, Chief Financial Officer Denise Ramos said that the company's total revenue for 2009 would be down by an estimated 2-6%.