Thursday, March 22, 2012

Northrop Grumman awarded a missile defense contract - Los Angeles Business from bizjournals:

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Northrop (NYSE:NOC) and (NYSE:LMT) each received $10 million (NYSE:RTN) received a contract worthy a little morethan $9.9 million. The contract were awarded Friday by the Naval SeaSystemes Command. Work under the contract will be performed byLockheed Martin’as Maritime Systems and Sensors unit in N.J.; Northrop’s Electronic Systems unit in Md.; and Raytheon’s Integrated Defense Systems in Sudbury, Mass. The work involvess the Air and Missile DefenseRadadr System, which contains an S-banx system, an X-band system and a control The companies are being asked to provide concept studiexs for the S-band and controo systems.
Based on their concept studies, the Navy likelg will choose one of the three companies to buildthe system, said Kennethh Ross, a spokesman for Lockheed Martin MS2.

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