tiprankstipranks
Northrop Grumman awarded $153M Missile Defense Agency contract
The Fly

Northrop Grumman awarded $153M Missile Defense Agency contract

Northrop Grumman is being issued a $153M not-to-exceed undefinitized contract action to a previously awarded contract to support the development and production of five subscale MBRV-11 vehicles. The value of this contract is increased from $353.79M to $506.79M. Under this modification, the contractor will procure, manufacture, and assemble hardware and perform required testing. NGSC will also support launch vehicle integration, launch execution, and pre- and post-flight activities. The work will be performed in Chandler, Arizona; and Redstone Arsenal, Alabama. The performance period is from March 2023 through September 2027. FY23 research, development, test and evaluations funds will be used on this effort; the initial funding amount is $6.06M. A request for information was posted on SAM.gov and three responses were received. The three responses were evaluated during market research and only one source was identified as able to fulfill the agency’s requirement. The Missile Defense Agency is the contracting activity.

Published first on TheFly

See today’s best-performing stocks on TipRanks >>

Read More on NOC:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles