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Northrop Inks Deal to Provide Bridge Systems for Indian Navy

Northrop Grumman (NYSE: NOC) has been awarded a contract to supply integrated bridge systems (IBS) for two new fleet tankers being built in Italy for the Indian Navy.

The IBS orders were placed with Northrop Grumman’s Sperry Marine unit by the Italian shipbuilding company Fincantieri, which is under contract to build the two tankers at its shipyards in Liguria and Palermo. Terms of the contract for the IBS were not disclosed.

“This important contract win builds on our longstanding relationship as a key supplier to the Indian Navy, ” said J. Nolasco DaCunha, vice president of International Naval Systems at Northrop Grumman’s Naval and Marine Systems Division. “We are especially pleased to have this opportunity to work with Fincantieri on this major naval shipbuilding program.”

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