ITT signs $50M minimum pump supply deal with ExxonMobil

ITT Inc. signed a three-year agreement to supply API-610 centrifugal pump systems, aftermarket parts and engineered services to ExxonMobil through its Goulds Pumps unit. The contract has a $50 million minimum commitment and up to $80 million potential value.

“The agreement contains a $50 million minimum contract commitment, with a total potential value of $80 million in revenue over the term.”businesswire.com

• 1 source
• businesswire.comITT to Provide Highly Engineered Pump Systems and Aftermarket ServicesFeb 5, 2024

Summarized from public sources; check the original articles before acting on it.