L-3 Communications (NYSE: LLL) announced today that its Warrior Systems – Insight Technology unit has been awarded a $50 million firm-fixed-price, indefinite-delivery/indefinite-quantity (ID/IQ) contract for Binocular Night Vision Devices (BNVD) for use by the U.S. Special Operations Command.
The equipment will provide special operations forces with enhanced surveillance, identification, recognition and detection capability in all light conditions, especially where vision is limited or restricted due to low light conditions.
“Our BNVD is a miniature dual-tube goggle that incorporates advanced optics and the highest performance image intensifier tubes in a clever mechanical format that makes it the world’s smallest, lightest, best-performing and most cost-effective product available,” said Ken Solinsky, president of L-3 Warrior Systems. “This innovation is the result of a collaborative internal effort and serves as a clear example of how the integration of L-3’s Warrior Systems businesses leads to significant new products and contract awards that expand our business base.”
The U.S. Navy’s Naval Surface Warfare Center has awarded this contract.
Source: L-3 Communications Holdings Inc. (NYSE: LLL)
Date: Mar 7, 2012