Northrop Grumman (NYSE: NOC) has finalized a $517 million deal with the Army to provide “a new hybrid airship weapons system, just larger than the length of a football field” scheduled to take flight over Afghanistan in 18 months.
“This opportunity leverages our longstanding leadership positions in developing innovative unmanned air vehicles, C4ISR weapon systems, and leading edge systems integration, and moves Northrop Grumman into this rapidly emerging market space of airships for the military and homeland defense arenas, ” said Gary Ervin, corporate vice president and president of Northrop Grumman Aerospace Systems sector.