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  • Thursday, November 14, 2024
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Elbit Systems Wins $500M USMC Night Vision Goggles Supply Contract

Elbit Systems‘ (Nasdaq: ESLT) U.S. subsidiary will deliver helmet-mounted night vision goggle systems to the U.S. Marine Corps under a five-year, $500 million indefinite-delivery/indefinite-quantity contract.

The contract covers the provision of Squad Binocular Night Vision Goggles, spare parts, logistics support and test equipment to the service branch through November 2028, the Department of Defense said Monday.

The SBNVG is designed to help boost Marines’ situational awareness and performance during night operations.

Marine Corps System Command received three bids for the firm-fixed-price contract via a competitive acquisition and will obligate funds using the service’s procurement budget for fiscal years 2022 through 2024.

Elbit Systems of America will perform contract work at its facility in Roanoke, Virginia.

The company has been supplying the SBNVG to the Marine Corps since 2019 through its acquisition of L3Harris Technologies‘ (NYSE: LHX) nigh vision business.

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