ITT Scores $260M Government Contract

ROANOKE, Va. (AP) -- Defense contractor ITT Corp. said Friday it received a contract worth up to $260 million to produce enhanced night-vision goggles for the U.S. Army.

The company already has provided the Army with more than 2,400 goggles. With the current contract, it will provide another 6,500.

Shares of the company rose a penny to $43.95 in afternoon trading.