NG Awarded U.S. Navy Radar Contract

Friday, February 12, 2010

Northrop Grumman Corporation (NYSE: NOC) has received a full-rate production contract from the U.S. Naval Sea Systems Command for its AN/SPQ-9B shipboard radar systems, which will enhance detection and tracking of high-speed threats such as sea-skimming anti-ship missiles.

Under the fixed-price $26.2m contract, Northrop Grumman’s Naval and Marine Systems Division facility in Melville, N.Y., will supply four shipsets. The contract includes options that could bring the total value to $281.5m. The options encompass a wide range of U.S. aircraft carriers, cruisers and amphibious assault ships, as well as the U.S. Coast Guard National Security Cutter.

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