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ITT INC (ITT)
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ITT : to Highlight Aviation Solutions Designed to Enhance the Total Passenger Experience at 2017 International Paris Air Show

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06/19/2017 | 01:41pm CET

Highly engineered interconnect and control technologies improve comfort and safety and enhance in-flight entertainment and connectivity

WHITE PLAINS, N.Y. - ITT Inc. (NYSE: ITT) today announced it will display its comprehensive cabin and aircraft interior solutions portfolio at the 2017 International Paris Air Show, June 19-22. The company will highlight its broad range of solutions at Stand A98 in Hall 3 at the Paris Le Bourget Exhibition Centre.

ITT's highly engineered solutions enhance every aspect of the passenger flying experience. The Cannon, Aerospace Controls and Enidine brands offer an array of proven technologies and solutions that support customer requirements for quality, performance, reliability and safety.

"ITT's interconnect and control solutions surround passengers with a broad range of proven and reliable aircraft cabin solutions," said Steve Kim, vice president and general manager of ITT's A&D controls business. "Our technologies feature smaller, lighter and faster solutions all engineered to operate reliably and efficiently, enabling a safe, comfortable and entertaining passenger experience. We look forward to showcasing these solutions at the Paris Air Show."

ITT's comprehensive portfolio of interconnect, motion, flow and environmental control solutions are designed to increase flight safety and operations and enhance the in-flight experience. At the Paris Air Show, ITT will showcase its specialized products, including:

- Aircraft Temperature and Air Distribution Solutions - ITT Aerospace Controls' temperature control products include air and floor heaters designed to heat specific areas of the aircraft (such as crew rests, cockpit and galleys) to ensure localized temperature control and comfort and low pressure composite and elastomeric ducting for air distribution throughout the aircraft.

- Connections for Cabin Systems - ITT Cannon's new MKJ Clip Lock miniature circular connector offers a smaller, lightweight and more cost-effective interconnect solution for commercial avionics and cabin system applications. This ruggedized connector has a proven snap-on positive lock dimension that is easy to install, decreases installation time and offers high performance in a smaller, robust design package. In addition, the composite 38999 connectors provide flexible solutions for power, signal and data transmission for aircraft interior applications.

- In-Flight Entertainment & Data Transfer - ITT Cannon offers a comprehensive portfolio of interconnect solutions that are lightweight and reliable, connecting commercial aviation with high-speed data, video and signal transmission. The Cannon ARINC 801 Fiber Optic portfolio is a full end-to-end fiber optic solution featuring connectors, termini and cable harnesses that is designed to operate at data transmission speeds of 10 Gb/S or higher, even in the harshest environments.

- Interior Noise Control Solutions - ITT Enidine engineers the latest innovations in cabin noise control products with attenuation offerings for cabin interior side panels, floor panels, stow bin and auxiliary equipment designed to reduce noise at specific frequencies while maintaining lightweight characteristics.

- Load-Sensing Stowbin Control Solutions - ITT Enidine's load-sensing lift assist rate controls require less than 25 pounds of hand force to close a fully loaded stowage bin, and allow for easier passenger access to baggage. They provide lift assist, anti-slamming control and smooth deployment for passengers and crew, while compensating for bins loaded up to 100 pounds.

- Seat Recline Technology - ITT Enidine's UltraLoc products provide a new standard in seat recline technology. With superior tensile load capacity and availability in variable or fixed positions, these seat locks provide versatile and dependable performance.

ITT Cannon, Aerospace Controls and Enidine representatives will be available for meetings at Stand A98 in Hall 3 throughout the show. For more information, please visit www.ittcannon.com, www.ittaerospace.com and www.enidine-aviation.com.

.

(c) 2017 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials ($)
Sales 2017 2 536 M
EBIT 2017 304 M
Net income 2017 218 M
Finance 2017 172 M
Yield 2017 0,97%
P/E ratio 2017 20,89
P/E ratio 2018 20,58
EV / Sales 2017 1,77x
EV / Sales 2018 1,62x
Capitalization 4 672 M
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Mean consensus OUTPERFORM
Number of Analysts 12
Average target price 53,4 $
Spread / Average Target 0,62%
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NameTitle
Denise L. Ramos President, Chief Executive Officer & Director
Frank T. MacInnis Chairman
Luca Savi Chief Operating Officer & Executive Vice President
Thomas M. Scalera Chief Financial Officer & Executive Vice President
Orlando D. Ashford Independent Director
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