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Saturday, August 06, 2011

Northrop Grumman Awarded $795 Million in E-2D Advanced Hawkeye Contracts

E-2D Advanced HawkeyeNorthrop Grumman Corporation has been awarded $795 million in contracts by the U.S. Navy for the E-2D Advanced Hawkeye Program.

Under a sole source, firm-fixed price $761 million contract, prime contractor Northrop Grumman will manufacture and deliver five low-rate initial production (LRIP), Lot 3, E-2D Advanced Hawkeye aircraft to the U.S. Navy. Also under this contract, are long lead materials for five LRIP, Lot 4, E-2D Advanced Hawkeyes.

Northrop Grumman also received a $34 million modification to a previously awarded contract for the procurement of one additional E-2D Advanced Hawkeye LRIP, Lot 2, aircraft.

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