L3Harris Technologies (LHX) has secured a $263 million contract from the U.S. Army for the ongoing production of the Enhanced Night Vision Goggle - Binocular (ENVG-B). This represents the second order within the full-scale production Indefinite Delivery, Indefinite Quantity (IDIQ) program, succeeding a similar agreement granted earlier in the year.
To date, L3Harris has supplied over 28,000 of these advanced vision goggles to military personnel across the globe. Among these are the company's Binocular Night Vision Device Fused solution, integrating both night vision and thermal imaging features.
The continued production of the ENVG-B reaffirms L3Harris's position as a trusted partner in enhancing military capabilities.
Currently, LHX is trading at $223.72, reflecting an increase of 2.55 percent, or $5.56, on the Nasdaq.
