Northrop Grumman (NOC) Gets $504M USAF Contract for AOC WS Modernization
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Overall Analyst Rating:
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EPS Growth %: +14.9%
Overall Analyst Rating:
NEUTRAL (
Down)Dividend Yield: 1.6%
EPS Growth %: +14.9%
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The U.S. Air Force has selected Northrop Grumman Corporation (NYSE: NOC) for the Air and Space Operations Center (AOC) Weapon System (WS) modernization program with an initial award of $120 million. The contract has a potential value of $504 million over eight years, if all options are exercised.
AOC WS is the command and control center for planning, executing and assessing joint air operations during a contingency or conflict. Under the contract from the Electronic Systems Center, Hanscom Air Force Base, Mass., the team led by Northrop Grumman will modernize the AOC to enable greater battle space awareness and more effective, dynamic planning and execution.
AOC WS is the command and control center for planning, executing and assessing joint air operations during a contingency or conflict. Under the contract from the Electronic Systems Center, Hanscom Air Force Base, Mass., the team led by Northrop Grumman will modernize the AOC to enable greater battle space awareness and more effective, dynamic planning and execution.
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