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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 S/FuZ5wzkT0G93JuM2ocrisWqS9MNWhO0T4Wk/6Z2+M4RiB52h8xNA9KfC0AUkBi
 rI3EeOR5IVDejLPjxjA2vA==

<SEC-DOCUMENT>0000216228-01-500012.txt : 20010517
<SEC-HEADER>0000216228-01-500012.hdr.sgml : 20010517
ACCESSION NUMBER:		0000216228-01-500012
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20010502
FILED AS OF DATE:		20010516

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ITT INDUSTRIES INC
		CENTRAL INDEX KEY:			0000216228
		STANDARD INDUSTRIAL CLASSIFICATION:	MISC INDUSTRIAL & COMMERCIAL MACHINERY & EQUIPMENT [3590]
		IRS NUMBER:				135158950
		STATE OF INCORPORATION:			IN
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		
		SEC FILE NUMBER:	001-05627
		FILM NUMBER:		1641378

	BUSINESS ADDRESS:	
		STREET 1:		FOUR W RED OAK LANE
		CITY:			WHITE PLAINS
		STATE:			NY
		ZIP:			10604
		BUSINESS PHONE:		9146412058

	MAIL ADDRESS:	
		STREET 1:		FOUR W RED OAK LANE
		CITY:			WHITE PLAINS
		STATE:			NY
		ZIP:			10604

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ITT CORP
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INTERNATIONAL TELEPHONE & TELEGRAPH CORP
		DATE OF NAME CHANGE:	19840321
<REPORTING-OWNER>

COMPANY DATA:	
	COMPANY CONFORMED NAME:			ENGEN D TRAVIS
	CENTRAL INDEX KEY:			0001014325
	STANDARD INDUSTRIAL CLASSIFICATION:	 []
<RELATIONSHIP>OTHER

FILING VALUES:
	FORM TYPE:		4

BUSINESS ADDRESS:	
	STREET 1:		ITT INDUSTRIES INC
	STREET 2:		4 WEST RED OAK LANE
	CITY:			WHITE PLAINS
	STATE:			NY
	ZIP:			10604
	BUSINESS PHONE:		9146412000

MAIL ADDRESS:	
	STREET 1:		ITT INDUSTRIES INC
	STREET 2:		4 WEST RED OAK LANE
	CITY:			WHITE PLAINS
	STATE:			NY
	ZIP:			10604
</REPORTING-OWNER>
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar.txt
<DESCRIPTION>FORM 4 - 5/01
<TEXT>

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
(X) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
   Engen, D. Travis
   265 Brushy Ridge Road
   New Caanan, CT  06840
2. Issuer Name and Ticker or Trading Symbol
   ITT Industries, Inc.
   ITT
3. IRS or Social Security Number of Reporting Person (Voluntary)

4. Statement for Month/Year
   5/01
5. If Amendment, Date of Original (Month/Year)

6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
   (X) Director ( ) 10% Owner ( ) Officer (give title below) (X) Other
   (specify below)
   Retired
7. Individual or Joint/Group Filing (Check Applicable Line)
   (X) Form filed by One Reporting Person
   ( ) Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
___________________________________________________________________________________________________________________________________
 Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned                                                 |
___________________________________________________________________________________________________________________________________|
1. Title of Security       |2.    |3.    |4.Securities Acquired (A)         |5.Amount of        |6.Dir |7.Nature of Indirect       |
                           | Transaction |  or Disposed of (D)              |  Securities       |ect   |  Beneficial Ownership     |
                           |      |      |                                  |  Beneficially     |(D)or |                           |
                           |      |    | |                  | A/|           |  Owned at         |Indir |                           |
                           | Date |Code|V|    Amount        | D |    Price  |  End of Month     |ect(I)|                           |
___________________________________________________________________________________________________________________________________|
<S>                        <C>    <C>  <C><C>               <C> <C>         <C>                 <C>    <C>
Common Stock  (1)          |      |    | |                  |   |           |100                |D(1)  |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common Stock  (ISP)  (2)   |      |    | |                  |   |           |8,756              |I     |In Trust                   |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common Stock  (3)          |5/1/01|M   | |138,185           |A  |$8.72      |                   |      |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common Stock  (3)          |5/1/01|S   | |138,185           |D  |$43.51     |                   |      |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common Stock  (3)          |5/2/01|M   | |191,200           |A  |$8.72      |                   |      |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common Stock  (3)          |5/2/01|S   | |191,200           |D  |43.50      |281,034            |D     |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
___________________________________________________________________________________________________________________________________|
<CAPTION>
___________________________________________________________________________________________________________________________________
 Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned                                                   |
___________________________________________________________________________________________________________________________________|
1.Title of Derivative |2.Con-  |3.   |4.    |5.Number of De |6.Date Exer|7.Title and Amount  |8.Price|9.Number    |10.|11.Nature of|
  Security            |version |Transaction | rivative Secu |cisable and|  of Underlying     |of Deri|of Deriva   |Dir|Indirect    |
                      |or Exer |     |      | rities Acqui  |Expiration |  Securities        |vative |tive        |ect|Beneficial  |
                      |cise    |     |      | red(A) or Dis |Date(Month/|                    |Secu   |Securities  |(D)|Ownership   |
                      |Price of|     |      | posed of(D)   |Day/Year)  |                    |rity   |Benefi      |or |            |
                      |Deriva- |     |      |               |Date |Expir|                    |       |ficially    |Ind|            |
                      |tive    |     |      |           | A/|Exer-|ation|   Title and Number |       |Owned at    |ire|            |
                      |Secu-   |     |    | |           | D |cisa-|Date |   of Shares        |       |End of      |ct |            |
                      |rity    |Date |Code|V|  Amount   |   |ble  |     |                    |       |Month       |(I)|            |
___________________________________________________________________________________________________________________________________|
<S>                   <C>      <C>   <C>  <C><C>        <C> <C>   <C>   <C>          <C>     <C>     <C>          <C> <C>
 Employee Stock Option|$8.72   |5/1/0|M   | |138,185    |D  |2/12/|12/14|Common Stock|138,185|       |- 0-        |   |            |
 (Right to Buy) (3    |        |1    |    | |           |   |93   |/01  |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Employee Stock Option |$8.72   |5/2/0|M   | |191,200    |D  |2/12/|12/14|Common Stock|191,200|       |- 0 -       |   |            |
(Right to Buy)  (3)   |        |1    |    | |           |   |93   |/01  |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
                      |        |     |    | |           |   |     |     |            |       |       |            |   |            |
___________________________________________________________________________________________________________________________________|
</TABLE>
Explanation of Responses:
(1)  Shares held jointly with my wife,
Anne.
(2)  Shares held under the ITT Industries Investment and Savings Plan
reflecting accumulations through May 15, 2001.
(3)  Shares acquired upon exercises of employee stock options granted under
Rule 16b-3 Plan.
SIGNATURE OF REPORTING PERSON
TRAVIS ENGEN
DATE
5/16/01
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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