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Thu, Aug 11, 2011

Northrup Grumman Lands $795 Million In Navy Contracts

Calls E-2D Hawkeye 'The Right Platform...At The Right Time'

Northrop Grumman Corporation says it has been awarded $795 million in contracts by the U.S. Navy for the E-2D Advanced Hawkeye Program.

Under a sole source, firm-fixed price $761 million contract, prime contractor Northrop Grumman will manufacture and deliver five low-rate initial production (LRIP), Lot 3, E-2D Advanced Hawkeye aircraft to the U.S. Navy. Also under this contract, are long lead materials for five LRIP, Lot 4, E-2D Advanced Hawkeyes.

Northrop Grumman also received a $34 million modification to a previously awarded contract for the procurement of one additional E-2D Advanced Hawkeye LRIP, Lot 2, aircraft.

Company VP Jim Culmo calls the awards significant program milestones, and adds, "The innovation Northrop Grumman applied to the design and development of the E-2D Advanced Hawkeye leverages experience gained from providing uncompromised airborne early warning and battle management command and control for more than 50 years. This affirms that the E-2D Advanced Hawkeye is the right platform providing the right capability at the right time."

To date, Northrop Grumman has delivered five E-2D aircraft to the Navy, one of which was delivered to the fleet and is currently used to conduct aircrew and maintenance training at Naval Air Station Norfolk in Virginia. An additional six aircraft are in various stages of manufacturing and pre-delivery flight test as the program moves toward full-rate production.

FMI: www.northropgrumman.com

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