ITT Corporation (NYSE:ITT) has been awarded a $16 million contract from the Naval Sea Systems Command to develop next-generation technologies that will defeat Improvised Explosive Devices (IEDs). This award, the Joint Counter Radio-Controlled Electronic Warfare (JCREW) 3.3, builds on ITT's clear leadership in counter-IED technology, with more than 20,000 JCREW systems designed and built by ITT currently in the field.
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