Wyle's purchase of CAS will expand DOD customer base
Wyle Inc. has entered into a definitive agreement to acquire CAS Inc., a division of ITT Corp., creating a combined entity that will have pro forma 2009 revenues of approximately $1 billion.
9 win awards for $2B in DOD tech support work
Nine government contractors will now compete for work under the the Defense Department’s Software, Networks, Information, Modeling and Simulation Technology Support contract.
ITT consolidates IT units to sharpen focus
ITT Corp. trims its business units to three in a move that it says better positions the company for growth in the government market.
Three contractors win billions in FAA NextGen contract
The Federal Aviation Administration today named Boeing, General Dynamics, and ITT to engineer key parts of its next generation air traffic control system.
ITT reaches higher with restructuring
The company reorganizes as it tries to move upstream and bring a more holistic approach to the market.
ITT reorganizes $6.3B defense unit
ITT merges seven units into three to create a new Defense and Information Solutions sector.
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