Northrop Grumman gets $167.9M contract modification from the U.S. Navy
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- Northrop Grumman (NYSE:NOC) has been awarded a $167.9M modification to a contract by the U.S. Navy.
- This modification exercises option contract line items and increases the contract ceiling for the production of 50,000 FMU-139D/B Bomb Tactical Electronic Fuze systems.
- Work will be performed in West Virginia, Minnesota, and Arkansas and is expected to be completed in December 2029.
- Naval Air Systems Command, Patuxent River, Maryland, is the contracting activity.