Northrop Grumman gets $158.8 million contract modification
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Investing.com - Northrop Grumman Corp. (NYSE: NOC) received a $158.8 million contract modification from the U.S. Department of War, the agency announced today.
The modification, valued at $158,831,128, was awarded under contract W58RGZ-26-C-0009 for the definitization of the contract. The work will be performed at the company's Rolling Meadows, Illinois facility.
The contract carries an estimated completion date of Aug. 13, 2026. Fiscal 2026 revolving funds in the amount of $158,831,128 were obligated at the time of the award.
Army Contracting Command, Redstone Arsenal, Alabama, is the contracting activity. Northrop Grumman is based in Rolling Meadows, Illinois.
The modification represents a definitization of the existing contract between the defense contractor and the Department of War.
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