Exelis Wins Army Follow-On Contract for Night Vision Goggles

Just days after announcing it won a U.S. Navy contract for its night vision goggle technology, ITT Exelis (UNKNOWN: XLS.DL  ) issued a separate release saying the U.S. Army awarded it a $48 million contract for follow-on production of its enhanced night vision goggles. It expects to complete deliveries in 2014.

Exelis competed and qualified the Spiral Enhanced Night Vision Goggle, or SENVG, during the Army's rigorous qualification phase of the contract and received the first of two production year contract options in April 2012. The SENVG features Exelis' latest sensor-fused night vision technology that combines infrared imagery and image intensification into one compact goggle.

Nick Bobay, Exelis night vision and tactical communications systems president, said: "This award confirms our leadership position in the field of night vision technology. We understand the importance of the enhanced night vision program, and we are committed to delivering state-of-the-art technology to the U.S. Army so soldiers can achieve mission success in any environment."

The SENVG is designed to accommodate enhancements for future network integration and lays the foundation for a digital future.

Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2442409, ~/Articles/ArticleHandler.aspx, 9/28/2016 1:30:32 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 4 hours ago Sponsored by:
DOW 18,228.30 133.47 0.74%
S&P 500 2,159.93 13.83 0.64%
NASD 5,305.71 48.22 0.92%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

12/31/1969 7:00 PM
XLS.DL $0.00 Down +0.00 +0.00%
Exelis CAPS Rating: *****