WHITE PLAINS, N.Y., 21 Sept. 2005. ITT Industries, Inc. Night Vision has received an Omnibus VII night vision contract from the U.S. Army Contracting Agency of White Sands Missile Range in New Mexico.
The company received an initial award of more than $160 million for AN/PVS-14 monocular night vision devices and AN/PVS-7 night vision goggles, along with $40 million for production facilities and equipment.
The indefinite delivery indefinite quantity (IDIQ) contract has the potential to value an estimated $1.39 billion during the five-year contract period 2005-2009.
Under the same OMNI VII announcement, Northrop Grumman Systems Corp. in Garland, Texas, won a $1.8 billion contract for the same award.
Over the life of the contract, each of the contractors will produce a potential 370,486 AN/PVS-14 and 34,300 AN/PVS-7 goggles and associated spare image tubes.
Delivery of the Omnibus VII night vision units will begin in January 2006, as the Army and Marine Corps field night vision devices across all deployed units of active duty service members.
Unlike firm-fixed price contracts, this IDIQ contract is structured so that the Army will grant awards to contractors based in large part on the contractor's ability to deliver the required products on time. Thus the total value initially announced is not indicative of the award activity for each contractor. The award significance is revealed when actual orders are issued.
"Helping protect those who protect our way of life is of utmost importance to ITT," said Larry Curfiss, vice president and director of business development. "We are committed to supplying our soldiers with the life-saving night vision technology they need to perform their critical missions safely."
For more information, see www.ittnv.com.
