 In 1996, the current company was founded as a spinoff of ITT as ITT Industries, Inc.It later changed its name to ITT Corporation in 2006.In 2011, ITT spun off its defense businesses into a company named Exelis, and its water technology business into a company named Xylem Inc. ITT Corporation changed its name to ITT Inc. in 2016.

International Telephone & Telegraph (ITT) was formed in 1920, created by brokers Colonel Sosthenes Behn and his brother Hernan Behn.