ITT Receives $27 M to Equip Norwegian Armed Forces With Night Vision Systems

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."

Source: ITT Corporation (NYSE: ITT)
Date: Oct 19, 2011