Northrop Grumman Awarded $15.7 Million Contract To Continue Work Under Nasa's Space Launch Initiative
(EMAILWIRE.COM, December 21, 2001 ) EL SEGUNDO, Calif. -- Northrop Grumman Corporation's (NYSE: NOC) Integrated Systems sector has been awarded a $15.7 million contract to continue studies under NASA's Space Launch Initiative (SLI), a research and development effort to develop technologies for a second-generation reusable launch vehicle (RLV).
This competitively awarded contract brings the value of Northrop Grumman's work on the Space Launch Initiative to more than $108.3 million. In May 2001 as part of NASA's first round of SLI contract awards, the company received a four-year, $94.4 million contract to perform program management, systems integration and technology integration studies. Teamed with Orbital Sciences Corporation, Dulles, Va., on this stage of SLI, Northrop Grumman will provide systems engineering and architecture definition for the second-generation RLV program, which is laying the groundwork for greater access to space for civil exploration as well as potential defense and commercial applications. The contract has a renewal option upon successful completion of a review in March 2002.
Northrop Grumman Integrated Systems' work will be performed by its Air Combat Systems business area in El Segundo. The work leverages the company's systems integration capability as well as advanced technologies derived from years of experience in the design and development of advanced systems such as the B-2 stealth bomber and the Global Hawk unmanned reconnaissance system.
Northrop Grumman Integrated Systems, based in Dallas, Tex., is a premier aerospace systems integration enterprise. It has the capabilities to design, develop, integrate, produce and support complete aircraft systems, as well as airframe subsystems, for airborne surveillance and battle management, early warning, airborne electronic warfare and air combat missions. It is also integrating these capabilities for emerging network-centric warfare concepts.
# # #
LEARN MORE ABOUT US: Northrop Grumman news releases, product information, photos and video clips are available on the Internet at:
http://www.northropgrumman.com. Information specific to the Integrated Systems sector is available at: http://www.iss.northropgrumman.com.
Contact:
Jennifer Canaff
Tel: (310) 331-5957
This competitively awarded contract brings the value of Northrop Grumman's work on the Space Launch Initiative to more than $108.3 million. In May 2001 as part of NASA's first round of SLI contract awards, the company received a four-year, $94.4 million contract to perform program management, systems integration and technology integration studies. Teamed with Orbital Sciences Corporation, Dulles, Va., on this stage of SLI, Northrop Grumman will provide systems engineering and architecture definition for the second-generation RLV program, which is laying the groundwork for greater access to space for civil exploration as well as potential defense and commercial applications. The contract has a renewal option upon successful completion of a review in March 2002.
Northrop Grumman Integrated Systems' work will be performed by its Air Combat Systems business area in El Segundo. The work leverages the company's systems integration capability as well as advanced technologies derived from years of experience in the design and development of advanced systems such as the B-2 stealth bomber and the Global Hawk unmanned reconnaissance system.
Northrop Grumman Integrated Systems, based in Dallas, Tex., is a premier aerospace systems integration enterprise. It has the capabilities to design, develop, integrate, produce and support complete aircraft systems, as well as airframe subsystems, for airborne surveillance and battle management, early warning, airborne electronic warfare and air combat missions. It is also integrating these capabilities for emerging network-centric warfare concepts.
# # #
LEARN MORE ABOUT US: Northrop Grumman news releases, product information, photos and video clips are available on the Internet at:
http://www.northropgrumman.com. Information specific to the Integrated Systems sector is available at: http://www.iss.northropgrumman.com.
Contact:
Jennifer Canaff
Tel: (310) 331-5957
Contact Information:
Northrop Grumman Corporation
Joseph Nchor
Tel:
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
Northrop Grumman Corporation
Joseph Nchor
Tel:
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
|
Private Equity, Angel Investing
Equity Alliance / Private Equity, Angel Investing, / IPO, Venture Capital & IR services / Equity Alliance International Equityallianceir.com Penny Stocks to Watch Sign up for hot penny stock picks Gains of 500%+ possible! Premiumstockpicks.com/landing/ Your text Ads & PR Text Ads plus unlimited press releases, One release featured/Day for only $575 per month. Read more on Text Ads & PR Your text Ads Here! Text Ads are only $289 per month. Ads are placed same day. More on Text Ads Advertising |




