Northrop Grumman Systems inks $337.94M Navy contract

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• Northrop Grumman Systems (NYSE:NOC) is awarded a ~$337.94M cost-plus-fixed-fee, firm-fixed-price and cost reimbursable ID/IQ contract.
• This contract provides researching alternatives, investigating and documenting new capabilities and anomalies related to H-1 avionics and weapons; and the development, integration, verification, validation, and testing of H-1 Integrated Avionics Systems, as well as identifies maintenance capabilities, upgrading and/or updating test equipment and other support equipment required to support the systems.
• Work is expected to be completed in June 2027.
• The Naval Air Warfare Center Weapons Division is the contracting activity (N6893622D0028).

Comments

[Chris1w]

Even more wins to be had. Future is bright for US defense industry.

[Bogie 1]

Well that makes over 2 billion in new contracts in June alone. This company is on a roll I haven’t seen in all my years of investing. Great management, jump on before $575 rolls around.

[Chris1w]

@Bogie 1 100%.