-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
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 BHXwgjXaZkwXSVBS61jNIw==

<SEC-DOCUMENT>0000216228-02-000016.txt : 20020414
<SEC-HEADER>0000216228-02-000016.hdr.sgml : 20020414
ACCESSION NUMBER:		0000216228-02-000016
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20020207
FILED AS OF DATE:		20020207

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:		1934 Act
		SEC FILE NUMBER:	001-05627
		FILM NUMBER:		02529643

	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:			AYERS ROBERT L
	CENTRAL INDEX KEY:			0001094830
<RELATIONSHIP>OFFICER

FILING VALUES:
	FORM TYPE:		4

BUSINESS ADDRESS:	
	STREET 1:		ITT INDUSTRIES
	STREET 2:		4 WEST RED OAK LANE
	CITY:			WHITE PLAINS
	STATE:			NY
	ZIP:			10604
	BUSINESS PHONE:		9146412058
</REPORTING-OWNER>
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar.txt
<DESCRIPTION>FORM 4 - 2/7/02
<TEXT>
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) 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
   Ayers, Robert L.
   ITT Fluid Technology
   10 Mountainview Road
   Upper Saddle River, NJ  07458
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
   2/7/02
5. If Amendment, Date of Original (Month/Year)

6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
   ( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
   (specify below)
   Senior Vice President
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 (RS)  (1)     |      |    | |                  |   |           |15,000             |D     |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common Stock (ISP) (2)     |      |    | |                  |   |           |2,779              |I     |In Trust                   |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common Stock               |12/31/|A   |V|2,333  (3)        |A  |$50.50     |3,333              |D     |                           |
                           |01    |    | |                  |   |           |                   |      |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
___________________________________________________________________________________________________________________________________|
<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 |$50.65  |1/2/0|A   |V|25,000     |A  |(4)  |1/4/1|Common Stock|25,000 |       |25,000      |D  |            |
(Right to Buy) (4)    |        |2    |    | |           |   |     |2    |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Phantom Stock         |1 for 1 |(5)  |A   | |20,623     |A  |Immed|(6)  |Common Stock|20,623 |       |20,623      |D  |            |
                      |        |     |    | |           |   |iatel|     |            |       |       |            |   |            |
                      |        |     |    | |           |   |y    |     |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
                      |        |     |    | |           |   |     |     |            |       |       |            |   |            |
___________________________________________________________________________________________________________________________________|
</TABLE>
Explanation of Responses:
(1)  Restricted Stock held under the 1994 ITT Industries Incentive Stock
Plan.
(2)  Shares acquired under the ITT Industries Investmernt and Savings Plan
reflecting accumulations through January 31, 2002.
(3)  Shares granted under the ITT Industries 1997 Long-Term Incentive
Plan.
(4)  Options granted under the 1994 ITT Industries Incentive Stock Plan
exercisable the earlier of January 2, 2011 or after the NYSE closing price has
remained at least $63.31 for 10 consecutive
trading
days.
(5)  Acquired under the ITT Industries Deferred Compensation Plan at various
dates throughout the year at prices ranging from $35.55 to $54.40 per
share.
(6)  Shares of phantom stock are payable in cash at fixed dates or times
related to Termination of Employment.
SIGNATURE OF REPORTING PERSON
ROBERT L. AYERS
DATE
2/7/02

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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