Northrop Grumman Subsidiary Awarded $1.1 Billion Missile Defense Contract
September 20 2019 - 6:40PM
Dow Jones News
By Stephen Nakrosis
A Northrop Grumman Corp. (NOC) subsidiary was awarded a contract
from the U.S. Missile Defense Agency to provide and maintain
subscale targets.
Orbital Sciences Corp. was awarded the $1.12 billion contract
and will provide "threat-representative subscale targets with
simple and complex re-entry vehicles as well as storage,
surveillance, maintenance of delivered hardware and software, and
range execution of end items," the Pentagon said.
Orbital Sciences was one of two bidders on the contract.
The work will be performed between September 2019 and September
2027 in Chandler, Ariz., the Pentagon said.
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
September 20, 2019 18:25 ET (22:25 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
Northrop Grumman (NYSE:NOC)
Historical Stock Chart
From Mar 2024 to Apr 2024
Northrop Grumman (NYSE:NOC)
Historical Stock Chart
From Apr 2023 to Apr 2024