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Article: ITT Industries Completes Acquisition of Kodak's Remote Sensing Systems (RSS).

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PR Newswire
Article date:
August 13, 2004
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* ITT Industries' new Space Systems Division well positioned to address opportunities available in $6 billion science, government and commercial remote sensing markets

* RSS is ITT's third strategic acquisition in 2004, following plan to acquire companies that fit within core businesses

ITT Industries, Inc. today announced it has completed its purchase of the Remote Sensing Systems (RSS) business from Eastman Kodak Company for $725 million in cash. The acquisition significantly broadens ITT Industries' well-established space payload and service product offering for U.S. military as well as other government, commercial and scientific customers. The RSS ... 







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