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Agency / Source: ITT Night Vision and Imaging

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ITT Receives $27 Million Contract to Equip Norwegian Armed Forces with Night Vision Systems - ITT Corporation (NYSE: ITT) announced that it has received a $27 million contract from the Norwegian Defence Logistics Organisation to further equip the Norwegian Armed Forces with Generation 3 night vision systems - ITT.com
ITT Receives $27 Million Contract to Equip Norwegian Armed Forces with Night Vision Systems

 

PRZOOM - /newswire/ - Roanoke, VA, United States, 2011/10/18 - ITT Corporation (NYSE: ITT) announced that it has received a $27 million contract from the Norwegian Defence Logistics Organisation to further equip the Norwegian Armed Forces with Generation 3 night vision systems - ITT.com. NYSE: ITT

   
 
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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’s Night Vision & Imaging business. “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.

ITT Geospatial Systems, headquartered in Rochester, N.Y., is a global supplier of innovative night vision, remote sensing and navigation solutions that provide sight and situational awareness at the space, airborne, ground and soldier levels. ITT Geospatial Systems solutions range from image and data capture through processing and dissemination. Key applications include image intensification and thermal imaging; advanced power supplies; multi-spectral image systems; weather and climate monitoring; space science; intelligence, surveillance and reconnaissance; GPS-based positioning, navigation and timing systems; and image exploitation software. Using our technologies, customers can move beyond mere image acquisition to image interchange and true knowledge sharing.

About ITT Corporation
ITT Corporation (itt.com) is a high-technology engineering and manufacturing company operating on all seven continents in three vital markets: water and fluids management, global defense and security, and motion and flow control. With a heritage of innovation, ITT partners with its customers to deliver extraordinary solutions that create more livable environments, provide protection and safety and connect our world. Headquartered in White Plains, N.Y., the company reported 2010 revenue of $11 billion.

Investor Contact:
Thomas Scalera
T: +1 914 641 2030 / E: thomas.scalera[.]itt.com.

 
 
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Agency / Source: ITT Night Vision and Imaging

 
 

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ITT Receives $27 Million Contract to Equip Norwegian Armed Forces with Night Vision Systems

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ITT Corporation |
Contact: Mary Dudley - ITT.com 
540-561-0554 mary.dudley[.]itt.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any ITT Night Vision and Imaging securities in any jurisdiction including any other companies listed or named in this release.

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