ITT Picks Up Night Vision Deal from Army Worth $260 Million

ITT Corporation (NYSE:ITT) won a second enhanced night vision goggle (ENVG) production contract from the U.S. Army Research, Development & Engineering Command Acquisition Center.

According to the firm, “the company was selected as one of three companies to design, develop and manufacture ENVGs through this follow-on award. The firm-fixed-price contract has a potential value of $260 million.”

“ITT has served as a key partner to the U.S. Army since the beginning of the enhanced night vision goggle program, and we have continuously improved the system design through innovation to deliver the finest sensor fused goggle, ” said Bruce A. Wald, vice president and general manager of ITT’s Night Vision & Imaging business. “This latest contract win is a demonstration of ITT’s unrelenting commitment to meet soldiers’ requirements of performance, durability and dependability.”

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