
Northrop Grumman [NOC] won a $171 million U.S. Navy contract for Lot 7 full rate production of the AGM-88E Advanced Anti-Radiation Guided Missiles (AARGMs), the company announced Tuesday.This award covers U.S., Italian Air Force, and Royal Australian Air Force users of the AARGM.The AARGM supersonic, air-launched tactical missile upgrades the legacy Raytheon [RTN] AGM-88 HARM system that can target land and sea-based radar air defense systems.Northrop Grumman is working with MBDA to build the AARGM.“The rapid proliferation of today’s threats…