Northrop set to receive $4B contract with Navy for Hawkeye aircraft

Falls Church-based Northrop Grumman Corp. is likely to win a $3.86 billion contract from the Navy to build new surveillance and reconnaissance aircraft, according to Bloomberg Businessweek.

Northrop’s E-2D Advanced Hawkeye aircraft would help boost Navy carriers’ ability to detect incoming hostile aircraft and missiles. The five-year contract for 25 Hawkeyes to be flown from aircraft carriers may be awarded by the end of the month.

The future contract was revealed in a notice sent by Pentagon acquisitions chief Frank Kendall to Congress last month.

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