NGC Wins $125 M to Produce 4th Lot of Airborne Electronic Attack Systems
(Bethpage, N.Y., September 29, 2008) -- The U.S. Navy has ordered a fourth lot of Northrop Grumman Corporation (NYSE:NOC) Improved Capability (ICAP) III airborne electronic attack systems for its fleet of EA-6B Prowlers under a firm, fixed-price, 31-month contract potentially valued at more than $125 million. This order is for nine complete systems, plus associated parts and spares. The first kit will be delivered in the third quarter of 2010.
To date, Northrop Grumman has delivered two lots of kits to modify the Navy's Prowlers with the new ICAP III system. Northrop Grumman is currently on contract to build and deliver the third lot of seven kits plus associated parts and spares. The Lot 3 and Lot 4 kits will outfit U. S. Marine Corps Prowlers based at Marine Corps Air Station Cherry Point, North Carolina.
"Everything I'm hearing from the Fleet tells me that the ICAP III system has been hugely successful in supporting combat forces in Afghanistan and Iraq, and its operators are greatly expanding the definition of airborne electronic attack with this new tool," said Patricia McMahon, vice president and the Information Operations and Electronic Attack Integrated Product Team leader for Northrop Grumman. "With these updated Prowlers headed to the Marine Corps, I feel even more confident that Northrop Grumman's capabilities and technology roadmap for supporting the sea, air and ground forces continue to set the standard that define electronic attack and enables us to maintain our leadership in this important mission area."
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