ROANOKE, Va., Sept. 26 /PRNewswire/ -- ITT Night Vision, a unit of ITT
Industries' Defense & Electronics subsidiary, has announced a $20 million
facilities expansion that will effectively double the company's production
levels by late 1999.
Prompted by a 1997 surge in international orders for night vision
equipment, the expansion will enable ITT Night Vision to successfully meet its
growing customer requirements.
"We believe the advances in image intensifier technology and the
subsequent new generations of night vision devices will lead to an expansion
of their use both domestically and globally," stated Neil A. Gallagher, ITT
Night Vision president & general manager. "This significant capital
investment underscores that belief about our future growth and our long-term
commitment to this market."
"This has been a phenomenal year," Gallagher continued. "Our reputation
as the leading supplier of night vision devices to the U.S. military has
contributed significantly to our success in winning major programs in
Switzerland and Australia during 1997."
The expansion, which is now underway, will include new construction as
well as renovation and upgrading of existing facilities. New construction is
scheduled for completion in Spring 1998 with internal renovations continuing
into Fall 1999.
Initial construction efforts will involve additions to the "exhaust"
operations where key components are sealed under vacuum to form the image
intensifier tube -- the heart of the night vision goggles produced by the
Division. New engineering and administrative offices also will be added.
Renovations will include remodeling of vacated office space to allow expansion
of other key manufacturing operations.
ITT Night Vision, a unit of ITT Defense & Electronics, is the leading
supplier of Gen III night vision devices for U.S. and allied military forces
as well as for law enforcement and select consumer applications. It annually
produces and delivers more Gen III image intensifier tubes than all of its
competitors -- worldwide -- combined.
ITT Defense & Electronics, headquartered in McLean, VA, is a business
segment of ITT Industries (NYSE: IIN). It is a leading supplier of high-
technology commercial and defense electronic systems, semiconductors, standard
and customized connectors, and operations and maintenance services, with
customers in avionics, data communications, information systems,
military/space and transportation.
ITT Industries ( http://www.ittind.com ) is a leading worldwide
diversified manufacturing company, with 1996 sales of $8.4 billion from its
three primary business segments: Automotive, Defense & Electronics, and Fluid
Technology. ITT Automotive is one of the world's largest independent
suppliers of systems and components to automotive manufacturers. ITT Defense
& Electronics is a leader in the design, manufacture and support of high-
technology electronic systems and components for defense and commercial
markets. ITT Fluid Technology is one of the world's leading manufacturers of
products, systems, and services for the movement, measurement and control of
In addition to the New York Stock Exchange, ITT Industries' stock is
traded under the symbol ("IIN") on the Midwest, Pacific, London, Frankfurt and
ITT Industries and its subsidiaries' press releases are available at no
charge via fax and the Internet. To receive releases by fax, call
800-758-5804, extension 110006. For ITT Industries' news on the Internet,
visit http://www.ittind.com or http://www.prnewswire.com
SOURCE ITT Night Vision
CONTACT: Sandra Coan of ITT Night Vision, 540-362-7311; or Thomas
Martin of ITT Industries, 914-641-2157