Source: Yahoo Finance

ITT Awarded $78.2 Million Air Force Contract to Sell Electronic Warfare Systems to Pakistan

WASHINGTON (AP) — ITT Corp. has won a $78.2 million Air Force contract to supply Pakistan with electronic warfare systems for use aboard F-16 fighter jets, the Defense Department said late Tuesday. The purchase will be made under the Foreign Military Sales Program.
Shares of ITT Corp., based in White Plains, N.Y., rose $1.61 to $54.85 Tuesday.

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Tags: Air Force contract, electronic warfare systems, F-16 fighter jets, ITT Corporation