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Navy Halts Development of a Sense and Avoid Systems for Triton

August 20, 2013 by · Comment
Filed under: ITT Exelis, northrop grumman, Syndicated Industry News 

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ITT Exelis Wins NVG Contract

ITT Exelis (XLS) is the old defense part of ITT Corporation (ITT) that split into 3 parts last year. ITT Corporation is the heir to ITT Industries which was a conglomerate of different businesses including several defense product lines including night Vision equipment, radars, electronic warfare systems as well as engineering and technical support. The defense part along with its water and pump lines were set up as separate companies just over a year ago.

ITT Exelis has continued to compete in their core defense markets and was just recently awarded another contract by the U.S. Army for Night Vision Goggles (NVG). This new Indefinite Delivery / Indefinite Quantity (ID/IQ) contract for Generation 3 systems could be worth over $200 million. Under the ID/IQ structure the Army will order different tasks of what they need so in the end Exelis could see less then the total value of the contract.

The U.S. military has invested heavily in such equipment over the last forty years and has a significant advantage at night operations due to this. The googles are able to be used by aircrew as well as ground units to improve their capabilities in night operations. ITT and now Exelis is one of the leading producers of this equipment in the world.

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