ITT Corporation (ITT) is a global engineering and manufacturing company. It designs, manufactures and sales a range of engineered products. The Company operates in three business segments: Defense Electronics & Services (Defense segment), Fluid Technology (Fluid segment), and Motion & Flow Control (Motion & Flow segment). In May 2009, the Company completed the acquisition of Laing GmbH (Laing). In April 2010, the Company announced the establishment of ITT Defence Australia Pty Ltd. In September 2010, Wyle Inc. announced completion of the acquisition of CAS, Inc., a division of ITT.