Friday, May 09, 2008 5:35:59 PM
Associated Press 05.09.08, 5:21 PM ET
WASHINGTON -
ITT Corp. was awarded a $26.9 million Navy contract boost to supply 353 electronic jammers designed to prevent the detonation of improvised explosive devices, the Defense Department said late Friday.
ITT (nyse: ITT - news - people ) Electronic Systems will supply the Radio-Controlled Improvised Explosive Device Electronic Warfare systems for use in Iraq.
Shares of ITT Corp., based in White Plains, N.Y., fell 25 cents to $64.99 Friday.
http://www.forbes.com/feeds/ap/2008/05/09/ap4992882.html
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