ITT receives $27 million contract to equip Norwegian Armed Forces with night vision systems 1510111
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Defense Industry News - ITT
|Saturday, October 15, 2011, 10:28 AM|
|ITT receives $27 million contract to equip Norwegian Armed Forces with night vision systems.|
The Norwegian Defence Logistics Organisation has awarded ITT Corporation (NYSE:ITT) a $27 million contract to further equip the Norwegian Armed Forces with Generation 3 night vision systems. The contract is composed of ITT's latest technology regarding monocular night vision devices and related accessories and includes options for future procurements.
"This contract win from Norway allows ITT to increase our footprint within the international community," said Bruce A. Wald, vice president and general manager for ITT Night Vision & Imaging business area. "Our combat-proven night vision devices are highly reliable and cost effective, and we remain unwavering in our dedication to provide the best night vision technology to our international allies to ensure national security and interoperability between coalition forces."
This latest procurement reflects an amendment to a contract that was first awarded to ITT in 2006. Since then, ITT has delivered more than 10,000 night vision monoculars that have been used within all branches of the Norwegian Military forces. ITT's latest technology is the most advanced night vision technology available today and provides outstanding resolution for target recognition and identification. These rugged devices can be used in a variety of operational scenarios and operate on a standard battery.