8-K

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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

         Date of Report (Date of earliest event reported): June 6, 2006

                              ITT INDUSTRIES, INC.
             (Exact name of registrant as specified in its charter)

            Indiana                     1-5672                 13-5158950
  (State or other jurisdiction        (Commission           (I.R.S. Employer
        of incorporation)             File Number)         Identification No.)

                    4 West Red Oak Lane
                   White Plains, New York                        10604
                   (Address of principal                       (Zip Code)
                     executive offices)

       Registrant's telephone number, including area code: (914) 641-2000

                                 Not Applicable
          (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (See General Instruction A.2. below):

[ ]  Written communications pursuant to Rule 425 under the Securities
     Act (17 CFR 230.425)

[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange
     Act (17 CFR 240.14a-12)

[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))

[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))

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ITEM 7.01  REGULATION FD DISCLOSURE

     The following information is furnished pursuant to Item 7.01 Regulation FD
Disclosure. This information shall not be deemed filed for purposes of Section
18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or
incorporated by reference into any filing under the Securities Act of 1933, as
amended, or the Exchange Act, except as shall be expressly set forth by specific
reference in such filing. During his presentation at the JP Morgan Basics &
Industrial Conference in New York City on June 6, 2006, Mr. George E. Minnich,
Senior Vice President and Chief Financial Officer of ITT Industries, Inc.
reaffirmed the second quarter 2006 forecast of $0.75 - $0.77 per share,
excluding special items and the full year 2006 forecast of $2.91 - $2.97 per
share including the impact of the adoption of FAS123R. Excluding the impact of
the adoption of FAS123R the forecast is $3.00 - $3.06 per share for the full
year. Mr. Minnich said the Company expects second quarter earnings to be at the
high end of forecast due to continued growth in the water/wastewater business
and defense segment. As previously announced, the company expects to invest the
first quarter gains from the disposition of two businesses into restructuring
actions throughout 2006.

A copy of this press release is attached and incorporated by reference herein as
Exhibit 99.1.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

(d)  Exhibits

99.1 Press release dated June 6, 2006.

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                                    SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                              ITT INDUSTRIES, INC.


                                              By:  /s/ Kathleen S. Stolar
                                                   -----------------------------
                                                   Kathleen S. Stolar

                                              Its: Vice President, Secretary
                                                   and Associate General Counsel

Date: June 6, 2006

                                       3

EX-99.1

                                                                    Exhibit 99.1

              ITT INDUSTRIES REAFFIRMS Q2 AND FY 2006 EPS GUIDANCE

         * Sees Q2 EPS at High End of Guidance, Excluding Special Items

    WHITE PLAINS, N.Y., June 6 /PRNewswire-FirstCall/ -- ITT Industries, Inc.
(NYSE: ITT) Chief Financial Officer George Minnich will today reaffirm the
company's earnings forecast for the second quarter and the full year of 2006.
Minnich's comments are to come during his presentation, scheduled to begin at
2:30pm EDT today, at the JP Morgan Basics & Industrial Conference in New York
City.

    "We are pleased with the continued growth in our water/wastewater business
and our defense segment," Minnich says. "This performance gives us increased
confidence that our second quarter earnings should be at the high end of our
previously stated range of $0.75 -- $0.77 per share, excluding special items."

    The second quarter forecast, excluding special items is $0.75 -- $0.77 per
share and the full year forecast is $2.91 -- $2.97 per share including the
impact of the adoption of FAS123R. Excluding the impact of the adoption of
FAS123R the forecast is $3.00 -- $3.06 per share for the full year. As
previously announced, the company expects to invest the first quarter gains from
the disposition of two businesses into restructuring actions throughout 2006.

    About ITT Industries

    ITT Industries, Inc. (http://www.itt.com) supplies advanced technology
products and services in key markets including: fluid and water management
including water treatment; defense communication, opto-electronics, information
technology and services; electronic interconnects and switches; and other
specialty products. Headquartered in White Plains, NY, the company generated
$7.4 billion in 2005 sales. In addition to the New York Stock Exchange, ITT
Industries stock is traded on the NYSE Arca, Paris, London and Frankfurt
exchanges.

    "Safe Harbor Statement" under the Private Securities Litigation Reform Act
of 1995 ("the Act"): Certain material presented herein includes forward-looking
statements intended to qualify for the safe harbor from liability established by
the Act. These forward-looking statements include statements that describe the
Company's business strategy, outlook, objectives, plans, intentions or goals,
and any discussion of future operating or financial performance. Whenever used,
words such as "anticipate," "estimate," "expect," "project," "intend," "plan,"
"believe," "target" and other terms of similar meaning are intended to identify
such forward-looking statements. Forward-looking statements are uncertain and to
some extent unpredictable, and involve known and unknown risks, uncertainties
and other important factors that could cause actual results to differ materially
from those expressed in, or implied from, such forward-looking statements.
Factors that could cause results to differ materially from those anticipated by
the Company include general global economic conditions, decline in consumer
spending, interest and foreign currency exchange rate fluctuations, availability
of commodities, supplies and raw materials, competition, acquisitions or
divestitures, changes in government defense budgets, employment and pension
matters, contingencies related to actual or alleged environmental contamination,
claims and concerns, intellectual property matters, personal injury claims,
governmental investigations, tax obligations, and changes in generally accepted
accounting principles. Other factors are more thoroughly set forth in Item 1.
Business, Item 1A. Risk Factors, and Item 7. Management's Discussion and
Analysis of Financial Condition and Results of Operations -- Forward-Looking
Statements in the ITT Industries, Inc. Annual Report on Form 10-K for the fiscal
year ended December 31, 2005, and other of its filings with the Securities and
Exchange Commission. The Company undertakes no obligation to update any
forward-looking statements, whether as a result of new information, future
events or otherwise.

SOURCE  ITT Industries, Inc.
    -0-                             06/06/2006
    /CONTACT:  Tom Martin,+1-914-641-2157, or tom.martin@itt.com /
    /Web site:  http://www.itt.com/
    (ITT)