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Tuesday, Sep 17
Northrop Grumman upbeat on Global Hawk program
- Northrop Grumman (NOC +1%) is doing its best to dispel concerns that the cost of its high-altitude unmanned Global Hawk aircraft will be a hindrance going forward.
- The company is "keeping its 'nose to the grindstone' to drive down the production and operating costs of the aircraft," Reuters quotes NOC's Global Hawk program chief George Guerra as saying.
- Guerra sees a number of applications for the craft, which can fly at 60K feet for 30 hours with a "variety of different sensors," capabilities which differentiate it from unmanned competitor programs.
- Reportedly expressing interest in the aircraft: Japan, Canada, Norway, Australia, and Singapore.
- The Global Hawk and a variant (the Euro Hawk) are facing cost-related pressure from the U.S. government and the German government respectively.