U.S. Army Awards Northrop Grumman $122 Million Counter-Rocket, Artillery and Mortar (C-RAM) Contract

Loading...
Loading...
Northrop Grumman Corporation
NOC
has received a $122 million contract to install and sustain Counter-Rocket, Artillery and Mortar (C-RAM) systems at forward operating bases (FOBs) supporting Operation Enduring Freedom and the ongoing United States Mission in Iraq (USM-I). The contract includes options that, if fully exercised, would raise the potential value of the contract to $311 million. Since initial fielding more than six years ago, the C-RAM system is credited with saving hundreds of lives through its ability to provide early warning of incoming indirect fire. C-RAM is a capability that integrates existing field artillery and air defense sensors, a commercial off-the-shelf warning system and a U.S. Navy-developed interceptor to protect U.S. and coalition personnel from indirect fire threat. Working closely with the U.S. Army, Northrop Grumman helped to take the C-RAM capability from concept to reality in less than 18 months.
Market News and Data brought to you by Benzinga APIs
Posted In: NewsContracts
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...