Sensors Channel
ITT Exelis awarded follow-on US Army contract option for pro...
The U.S. Army has awarded ITT Exelis (NYSE: XLS) a $48 million contract option for follow-on production of enhanced night vision goggles that allow soldiers to detect and identify potential threats in various environmental conditions during nighttime missions. Exelis expects to complete deliveries to the Army in 2014.
This is the second of two production year contra...
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Raytheon's forward looking infrared technology marks 50 year...
Raytheon Company (NYSE: RTN) marked its five-decade heritage as the maker of Forward Looking Infrared (FLIR) technology that has allowed U.S. and international defense forces to track objects in total darkness, often from long distances. Over the span of 50 years, the devices have shrunk in size and weight -- from several hundred pounds to less than two -- while providi...
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