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Northrop Grumman Wins $795 Million In E-2D Hawkeye Contracts

Tuesday, August 9th, 2011

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The Navy recently awarded Northrop Grumman [NOC] $795 million in contracts for the E-2D Advanced Hawkeye program, the company said. Northrop Grumman will manufacture and deliver five low-rate initial production (LRIP), Lot 3, E-2D Advanced Hawkeye aircraft to the Navy under a sole source, firm-fixed price $761 million contract, which also includes long-lead materials for five LRIP, Lot 4, E-2D Advanced Hawkeyes. Northrop Grumman also received a $34 million modification to a previously awarded contract for the procurement of one…

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