Northrop Grumman has been awarded a $378.98M firm-fixed price, cost-reimbursable, indefinite-delivery requirements contract to previously awarded contract for repair services. This contract provides for the 408th repair sustainment of the AN/AAQ-24 Large Aircraft Infrared Counter Measure System. Work will be performed in Warner Robins, Georgia, and is expected to be completed by Feb. 15, 2032. This contract involves Foreign Military Sales to Canada, India, Bahrain, NATO, Saudi Arabia, Japan, New Zealand, Korea, and The United Arab Emirates. This contract was a sole source acquisition. No funds are being initially obligated at the time of basic contract award. The Air Force Sustainment Center is the contracting activity.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NOC:
- Morgan Stanley Upgrades General Dynamics and Downgrades L3Harris (NYSE:LHX)
- Northrop Grumman price target raised to $592 from $579 at Morgan Stanley
- Chipotle, Uber among US 1 list additions at BofA
- Defense Stocks Explode as Military Activity Escalates
- Northrop Grumman price target raised to $500 from $470 at Barclays