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NOC Northrop Grumman Corp Holding Co

437.14
-0.80 (-0.18%)
After Hours
Last Updated: 20:50:44
Delayed by 15 minutes
Share Name Share Symbol Market Type
Northrop Grumman Corp Holding Co NYSE:NOC NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.80 -0.18% 437.14 438.87 435.105 437.91 483,064 20:50:44

ATK, Lockheed Martin and Northrop Grumman Announce Teaming Agreement to Jointly Pursue Future Multi-Role Weapon Programs

16/07/2008 2:00pm

PR Newswire (US)


Northrop Grumman (NYSE:NOC)
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FARNBOROUGH, England, July 16 /PRNewswire/ -- Alliant Techsystems (NYSE: ATK), Lockheed Martin (NYSE:LMT) and the Northrop Grumman Corporation (NYSE: NOC) announced that they have signed a teaming agreement to jointly pursue the emerging market for advanced capability multi-role weapons. This team provides any potential customer in this market with the product options that offer the best capabilities, schedule, and price available. This is achieved through the integration of the capabilities that the team provides across sensors, automatic target recognition, guidance navigation and control, air vehicles, propulsion, lethality, survivability, mission planning, platform integration, system engineering, and program management. As the F-22 Raptor, F-35 Lightning II, unmanned aerial systems, and future aircraft platforms are fielded over the next decade, the team believes that an advanced multi-role weapon requirement will emerge in the future that covers both the air-to-air and air-to-ground missions. This team, with its current weapon programs and demonstrated advanced technology capabilities, is confident that it will offer the customer best value options to meet this need. ATK is a premier aerospace and defense company with more than 17,000 employees in 21 states and $4.5 billion in revenue. News and information can be found on the Internet at http://www.atk.com/ . Headquartered in Bethesda, Md., Lockheed Martin employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation reported 2007 sales of $41.9 billion. Northrop Grumman Corporation is a global defense and technology company whose 120,000 employees provide innovative systems, products and solutions in information and services, electronics, aerospace and shipbuilding to government and commercial customers worldwide. DATASOURCE: Lockheed Martin CONTACT: ATK Media Contact: Tom Van Leunen, +1-703-412-3218, ; Lockheed Martin Media Contact: Heather Kelly, +1-407-356-5351, ; Northrop Grumman Media Contact: Katie Lamb, +1-410-993-5686, Web site: http://www.lockheedmartin.com/ http://www.atk.com/

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