ITT Corporation (ITT), is a global multi-industry company engaged directly and through its subsidiaries in the designing, manufacturing and sale of range of engineered products. The Company’s three principal business segments are referred to as Fluid Technology, Defense Electronics & Services, Fluid Technology and Motion & Flow Control. Defense Electronics & Services, which include high-technology electronic systems and components, communications systems and engineering and applied research; Fluid Technology, include water and wastewater treatment systems, pumps and related technologies, and other water fluid control products with residential, commercial and industrial applications. Motion & Flow Control is comprised of a group of businesses providing products and services for the areas of defense, aerospace, industrial, transportation, computer, telecom and marine.