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Business/Financial

Northrop Grumman Lands Potential $240 Million JTRS Contract From Lockheed Martin

DDN

Wednesday, July 2nd, 2008

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Northrop Grumman [NOC] has received a 56-month contract from Lockheed Martin [LMT] worth up to $240 million to provide critical technologies for the Airborne and Maritime/Fixed Station (AMF) Joint Tactical Radio System (JTRS). An initial $186.7 million subcontract has been awarded focused on the software-defined radio development for AMF JTRS, according to Northrop Grumman. As Lockheed Martin's teammate, Northrop Grumman has the responsibility for leading the Joint Tactical Radio (JTR) integrated product team and co-development of the JTR small airborne…

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