Seeking Alpha

Northrop Grumman awarded bridge, navigation and gear systems contracts

  • Northrop Grumman (NOC -1.2%) has received contracts from the U.S. Navy, General Dynamics (GD -0.6%) Bath Iron Works and Huntington Ingalls (HII -0.7%) to provide integrated bridge, navigation and steering gear systems to modernize Arleigh Burke-class guided missile destroyers.
  • The U.S. Navy exercised options for the acquisition and testing of five integrated bridge and navigation systems valued at $11M.
  • General Dynamics Bath Iron Works and Huntington Ingalls jointly exercised options for six steering gear systems valued at $30M.
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs