Former ITT Worker Stole, Sold Piece Of Equipment Online

NEWARK, N.J. (AP) — A former engineer for defense contractor ITT Corp. has admitted stealing a piece of radio equipment that has military applications and selling it online.

Union City, N.J., resident Vincent Corey was charged in November with stealing a $50,000 frequency generator. The generator is used as a tester in the manufacture of other items to mimic radio frequencies of surface-to-air missiles.

The U.S. attorney's office says Corey used his Department of Defense clearance to steal the generator, then used a fake name to sell it to another company on eBay for $20,000.

Corey pleaded guilty in U.S. District Court in Newark on Monday to interstate transportation and transmission of stolen property. The count carries a maximum prison sentence of 10 years. Sentencing is May 10.

ITT is based in White Plains, N.Y. It has about 40,000 employees.

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