In this paper presents a simple and fast color fusion approach for night vision images. Image fusion involves merging of two or more images in such a way, to get the most advantageous characteristics of each image. Here the Visible image is fused with the InfraRed (IR) image, so the desired result will be single, highly informative image providing full information. This paper focuses on color constancy and color contrast problem. Firstly the contrast of the infrared and visible image is enhanced using Local Histogram Equation. Then the two enhanced images are fused in three compounds of a LAB image using aDWT image fusion. This paper adopts an approach which transfer color from the reference image to the fused image using Color Transfer Technology. To enhance the contrast between the target and the background, a scaling factor is introduced in the transferring equation in the b channel. Finally our approach gives the Multiband Fused image with the natural day-time color appearance and the hot targets are popped out with intense colors while the background details present with the natural color appearance.