Northrop Grumman wins $4.8bn Army countermeasure contract
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/21/2026
- Nasdaq leads Wall Street gains as SpaceX, Super Micro boost AI sentiment
- Meta beats Q3 estimates, approves new nonvoting share class as AI spending surges
- Tesla stock up as automotive gross margin improves, free cash flow turns positive
- SpaceX, Tesla shares rise after Musk says committees exploring possible merger
- Brent falls as Iran's president discusses mediation with Pakistani army chief
Tweet
Share
E-mailInvesting.com -- Northrop Grumman Systems Corp. received a $4.84 billion contract from the U.S. Army for full rate production of the Common Infrared Countermeasure system, the Department of Defense announced Tuesday.
The firm-fixed-price, indefinite-delivery/indefinite-quantity contract runs through Sept. 30, 2035. The Rolling Meadows, Illinois-based company was the sole bidder for the contract.
Work locations and funding will be determined with each order placed under the agreement. Army Contracting Command at Redstone Arsenal in Alabama is managing the contract.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Northrop Grumman (NOC) PT Raised to $640 at Guggenheim
- Baird Upgrades Northrop Grumman (NOC) to Outperform
- Getty Realty (GTY) Tops Q3 EPS by 5c
Create E-mail Alert Related Categories
InvestingRelated Entities
Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
