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Saturday, October 22, 2016

Northrop Grumman Wins $3.5M Navy Contract

October 31, 2007

Northrop Grumman (NOC) Corporation (NYSE:NOC) was awarded a contract by the U.S. Navy for power systems engineering and technical services work. AMSEC LLC, a subsidiary of Northrop Grumman's Newport News sector and full-service provider of engineering, logistics and technical support services, is the prime contractor for the work. The cost-plus-fixed-fee contract, valued at $3.5m, includes four option years. Work includes the development and modification of existing permanent and test installations of electrical power systems aboard various Navy ships in support of the electrical power systems branch of the Naval Surface Warfare Center, Carderock Division, Philadelphia. Work will commence in October 2007 and be performed in various locations, including but not limited to Norfolk, Va., San Diego, Mayport, Fla., and Bremerton and Everett, Wash. If all options are exercised, the work is expected to be completed by April 9, 2012.

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