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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): October 27, 2006

                                 ITT CORPORATION
             (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

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 2.02    RESULTS OF OPERATIONS AND FINANCIAL CONDITION

ITEM 7.01    REGULATION FD DISCLOSURE

         Attached hereto as Exhibit 99.1 and incorporated by reference herein is
information on the results of operations for ITT Corporation for the third
quarter 2006, the Company's increased fiscal year 2006 earnings per share from
continuing operations and revenue guidance and other forward-looking statements
relating to 2006 as presented in a press release dated October 27, 2006. 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.

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 October 27, 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 CORPORATION


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

                                            Its:  Vice President, Secretary
                                                  and Associate General Counsel

Date: October 27, 2006

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