ITT Enhances Services, Support for China Aerospace Customers

Agreement with GAMECO will extend repair and overhaul services to customers in region

Business Wire

VALENCIA, Calif.--(BUSINESS WIRE)--

ITT Corporation (ITT) today announced it is extending its global aerospace service and support in China by adding Guangzhou Aircraft Maintenance and Engineering Co. Ltd. (GAMECO) as an Authorized Repair Station. The agreement broadens the market reach for the company’s Control Technologies business, which through its Aerospace Controls organization, manufactures high-quality and highly reliable valves, actuators, pressure and temperature switches, and pumps for aerospace applications.

“ITT has a legacy of partnering with our customers in the aerospace industry to provide them with highly engineered and customized solutions that solve their most difficult challenges and to offer them comprehensive aftermarket service and support,” said Munish Nanda, president of ITT’s Control Technologies business. “This agreement with GAMECO gives us greater global capabilities and is strategically focused on enhancing our level of support to aircraft owners and operators throughout China.”

The products that will be serviced at the GAMECO facility are commonly used on Boeing and Airbus aircraft, and under the terms of the agreement, GAMECO will serve as an authorized service provider in China for a number of products installed on Boeing aircraft including the B737, B747, B757, B767 and B777. GAMECO will gradually increase its portfolio of product capability to support the entire line of ITT’s aerospace controls products. This additional growth will further enhance GAMECO’s service capabilities for additional aircraft applications including the new aircraft platforms of B787 and A350.

About ITT

ITT is a diversified leading manufacturer of highly engineered critical components and customized technology solutions for the energy, transportation and industrial markets. Building on its heritage of innovation, ITT partners with its customers to deliver enduring solutions to the key industries that underpin our modern way of life. Founded in 1920, ITT is headquartered in White Plains, N.Y., with employees in more than 35 countries and sales in a total of approximately 125 countries. The company generated 2013 revenues of $2.5 billion. For more information, visit www.itt.com.

About GAMECO

GAMECO, based at the Baiyun International Airport in Guangzhou, People’s Republic of China, is a joint venture between China Southern Airlines Co. Ltd. (CSN) and Hutchison Whampoa Aircraft Investment Co. Ltd. (HWCL) from Hong Kong. GAMECO today is a leading Part 145 MRO jointly approved by CAAC of China, FAA, and EASA, providing and extensive range of MRO services for B737, B747, B757, B767, B777, B787, A300, A310, A319, A320, A321, A330, A380 and EMB 145 operators located in the Asia-Pacific region as well as globally.

Contact:
ITT Corporation
Investors:
Melissa Trombetta, +1 914-641-2030
melissa.trombetta@itt.com
or
Media:
Kathleen Bark, +1 914-641-2103
kathleen.bark@itt.com

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