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Lockheed, Northrop Partnership Brings In $170 Million For Apache Radar Upgrades

Friday, July 20th, 2018

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The Longbow, LLC joint venture between Lockheed Martin [LMT] and Northrop Grumman [NOC] has sealed a $170.5 million deal to provide the U.S. Army and three other nations with AH-64E Apache gunship radar upgrades.Announced July 18, the contract is for Longbow fire-control radar (FCR) mast-mounted assemblies, radar electronics units (REU) and spares under lots seven and eight of a multiyear U.S. Army deal, and for the United Kingdom, Saudi Arabia and Qatar."We remain focused on delivering significant upgrades and products as quickly and efficiently as possible,"…

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