ROANOKE, Va., Oct. 18, 2011- ITT Corporation (NYSE: ITT) announced today 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. 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 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. www.itt.com.