Series Inertial Navigation Systems News

Northrop Grumman Corporation’s (NYSE: NOC) Sperry Marine business unit has been awarded a follow-on contract to provide performance-based logistics (PBL) support for navigation and steering systems installed on U.S. Navy surface ships and submarines. The contract was awarded by Naval Inventory Control Point, Mechanicsburg, Pa., exercising a three-year option on a previously awarded five-year PBL contract. The total value of the three-year contract is $42m. The initial year award is valued at $14.8m. Under the contract, Northrop Grumman Sperry Marine will provide material management, configuration management and program management services…