Founded in 1920, ITT Corporation is an engineering and manufacturing company that employs more than 40,000 employees in over 55 countries. It delivers fresh water to communities and commercial businesses and transports the wastewater to streams and rivers. The company provides mission-critical products and services that supports the military of United States. It offers systems integration, communication engineering, meteorological and navigation payload, data acquisition and storage, force protection and information warfare services. ITT Corporation also provides water and fluids management, global defense and security, and motion and flow control services. It serves the agriculture, water, chemical processing, marine, mining, oil and gas, pulp and paper, power and waste water industries. ITT Corporation achieves an annual sales volume of nearly $9 billion.