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NOC Northrop Grumman Corp Holding Co

469.09
-5.91 (-1.24%)
04 May 2024 - Closed
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
  -5.91 -1.24% 469.09 477.52 465.23 475.65 1,443,464 01:00:00

US Army Awards Common Infrared Countermeasure (CIRCM) Contract to Northrop Grumman Corporation's Land & Self Protection Syste...

31/08/2015 5:30pm

PR Newswire (US)


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ROLLING MEADOWS, Ill., Aug. 31, 2015 /PRNewswire/ -- The U.S. Army on Friday awarded Northrop Grumman Corporation (NYSE: NOC) a $35,372,762 cost-plus-fixed-fee, fixed-price incentive, and firm-fixed-price hybrid contract with options for engineering and manufacturing development and low-rate initial production of the Common Infrared Countermeasure (CIRCM) program.  Work will be performed at Northrop Grumman's Land & Self Protection Systems Division facility in Rolling Meadows. 

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The complete text of the announcement from the U.S. Department of Defense is available at: http://www.defense.gov/News/Contracts/Contract-View/Article/615285

Jeff Palombo, sector vice president and general manager of Northrop Grumman's Land & Self Protection Systems, said in a statement:

"The U.S. Army's selection of Northrop Grumman and our industry partners, Daylight Solutions of San Diego, California and Selex ES, Edinburgh, Scotland, for the CIRCM program is a critical next step toward protecting rotary-wing and medium fixed-wing aircraft against emerging infrared missile threats of today and tomorrow by augmenting existing self-protection systems with a directed laser jamming capability. 

"We have outlined a path to superior aircraft protection through highly reliable performance and operation, a commitment to modular open systems architecture, and the ability to seamlessly integrate new technology. We are proud to have been selected to work with the Army to ensure our warfighters have the most advanced aircraft protection for decades to come."

Northrop Grumman is a leading global security company providing innovative systems, products and solutions in unmanned systems, cyber, C4ISR, and logistics and modernization to government and commercial customers worldwide. Please visit www.northropgrumman.com for more information.

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/us-army-awards-common-infrared-countermeasure-circm-contract-to-northrop-grumman-corporations-land--self-protection-systems-division-300135296.html

SOURCE Northrop Grumman Corporation

Copyright 2015 PR Newswire

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