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ITT Corporation Awarded $72 Million U.S. Army Aviation Contract

Fri. October 16, 2009; Posted: 04:03 PM
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ROANOKE, Va., Oct 16, 2009 (BUSINESS WIRE) -- ITT | Quote | Chart | News | PowerRating -- ITT Corporation (NYSE: ITT | Quote | Chart | News | PowerRating) has been awarded a $72 million Indefinite Delivery, Indefinite Quantity (IDIQ) contract for its Aviator's Night Vision Imaging Systems, night vision tubes and spare parts. The company competitively won 100 percent of the IDIQ contract awarded by the U.S. Army Research Development and Engineering Command. With this most recent award, ITT remains the sole supplier of aviation goggles and tubes to the U.S. Army.

"This award continues our long history of supplying U.S. Army rotary-wing aviators with the most advanced night vision technology available," said Mike Hayman, president of ITT's Night Vision business. "ITT's Generation 3 image intensification technology provides aviators the clearest vision on even the darkest nights, and in the most demanding environments." Each AN/AVS-6 goggle is outfitted with ITT's proprietary Generation 3 Pinnacle(R) tube, and auto-gated power supply that maintains the image resolution under varying light conditions.

ITT's Night Vision business, based in Roanoke, Va., is the world's leading developer, producer and supplier of head- and helmet-mounted night vision solutions and image intensifiers for U.S. and allied military forces, as well as the homeland security market. ITT has served the U.S. military with premier research, development, production and logistics for analog and digital fusion solutions for 50 years. ITT delivered its one millionth Gen 3 image intensification tube in 2007. To learn more, visit www.nightvision.com.

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 generated 2008 sales of 11.7 billion. www.itt.com

SOURCE: ITT Corporation

ITT Corporation 
Mary Dudley, 540-561-0554 
mary.dudley@itt.com
For full details on ITT Corporation (ITT) click here. ITT Corporation (ITT) has Short Term PowerRatings of 6. Details on ITT Corporation (ITT) Short Term PowerRatings is available at This Link.

    


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