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In 2011, ITT spun off its defense businesses into a company named Exelis (now part of L3Harris Technologies), and its water technology business into a company named Xylem Inc. [5] [6] ITT Corporation changed its name to ITT Inc. in 2016.
On October 31, 2011, Xylem Inc. completed its spinoff from ITT Corporation, [18] and had 2011 revenues of $3.8 billion. [19] Goulds Water Technology is a brand of Xylem Inc. providing pumps for residential, commercial and agricultural applications and Goulds Pumps remains a part of ITT Corporation providing pump products for the industrial market.
Xylem Inc., a water technology firm. ITT Corporation, a manufacturing firm. From the spin-off to Nov. 1, 2013, Exelis was known as ITT Exelis to help ease the transition of the company's brand. [6] Exelis employed approximately 19,000 people and generated $5.5 billion in sales in 2012. [2]
On October 31, 2011, ITT Corporation spun off its defense and water technology businesses to form three separate, publicly traded companies. Exelis, Inc. was the spin-off that contained EDO as a subsidiary. On May 29, 2015, Harris Corp. announced the acquisition of Exelis, Inc. [4] EDO remains a subsidiary; however, the owner has changed. [specify]
The company was purchased by ITT in 1964. [1] By the 1970s they were a leading manufacturer of mid-range systems in the US. Among their better-known lines from this period is the ITT-Gilfillan S320 radar, used as the basis for many US military radars, the PAR-2000 and GCA-2000 air traffic radars, the MPN-26 mobile PAR, and a range of airport ...
ITT Cannon also developed the XLR connector in the 1950s for military communications applications as well as sound equipment for professional recording studios. Over the years, the XL Series audio connector became a universal solution for both analog and digital connections, and in 2008 the connector was inducted into the TECnology Hall of Fame ...
BPV – back pressure valve (goes on the end of coiled tubing a drill pipe tool strings to prevent fluid flow in the wrong direction) BQL – B/QL log; BRPLG – bridge plug log; BRT – below rotary table (used as a datum for depths in a well) BS – bend stiffener; BS – bumper sub; BS – booster station
Applied Industrial Technologies, Inc. (AIT) is a public, global company based in the U.S. and focused on the distribution of bearings, power transmission products, engineered fluid power components and systems, specialty flow control products, and other industrial supplies. AIT provides engineering, design and system integration for industrial ...