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US Navy Awards Northrop Grumman $113.7M Contract for E-2D Advanced Hawkeyes

Following the decision earlier this year to proceed with full-rate production, the Navy has awarded Northrop Grumman Corporation (NYSE: NOC) a $113.7 million advance acquisition contract for long lead materials and related support for five full-rate production Lot 2 E-2D Advanced Hawkeye aircraft.

"This contract award, along with OSD's full rate production decision, is a testament to the commitment and dedication of the entire E-2D team to deliver on its promise of a mature, capable and effective E-2D Advanced Hawkeye," said Bart LaGrone, vice president, E-2/C-2 programs, Northrop Grumman Aerospace Systems. "In today's challenging defense budget environment, it is imperative that we remain focused on providing the U.S. Navy with a more affordable airborne early warning, command and control solution."

See full press release

Posted-In: News Guidance Contracts Management Global

 

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