Northrop Grumman (NOC) Awarded Follow-on Contract From U.S. Navy Worth Over $32 Million
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Price: $488.06 +2.84%
Overall Analyst Rating:
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Dividend Yield: 1.6%
Revenue Growth %: +8.9%
Overall Analyst Rating:
NEUTRAL (
Down)Dividend Yield: 1.6%
Revenue Growth %: +8.9%
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Northrop Grumman Corporation (NYSE: NOC) has been awarded a follow-on contract from the U.S. Navy for the deployment, enhancement, operation and maintenance services in support of the Naval Criminal Investigative Service Law Enforcement Information Exchange System (LInX). LInX breaks down jurisdictional and technical barriers to improve data sharing across municipal, county, state and federal law enforcement agencies.
The indefinite delivery/indefinite quantity contract is valued at more than $32 million to Northrop Grumman's Information Systems sector over one base year and three option years, should all options be exercised, beginning in October
The indefinite delivery/indefinite quantity contract is valued at more than $32 million to Northrop Grumman's Information Systems sector over one base year and three option years, should all options be exercised, beginning in October
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