SOURCE: Industrial Info Resources

December 17, 2008 06:30 ET

ITT's Defense Segment Will Help Soften Blows of Slower 2009, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - 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 the company's total revenue for 2009 would be down by an estimated 2%-6%.

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