Northrop Grumman Corporation (NYSE: NOC) has been awarded a delivery order for the fifth year of a five-year contract to provide technical, logistics and material support for navigation systems installed on U.S. Navy ships and submarines.
The delivery order, valued at $15.5 million, was awarded to Northrop Grumman’s Sperry Marine business unit by Naval Inventory Control Point, Mechanicsburg, Pa., under a firm fixed-price performance-based logistics (PBL) contract.