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Northrop Grumman Wins Close to $800M in Navy Hawkeye Awards

Northrop Grumman Corp. (NYSE: NOC) has been awarded $795 million in contracts and modifications by the U.S. Navy for the E-2D advanced Hawkeye program.

As the prime contractor on a $761 million sole source, firm-fixed price contract, Northrop will manufacture and deliver five low-rate initial production, lot 3, E-2D advanced Hawkeye aircraft.

Also under this contract are long lead materials for five LRIP, lot 4, E-2D advanced Hawkeyes.

The company also received a $34 million contract modification for the procurement of one additional E-2D advanced Hawkeye LRIP, lot 2, aircraft.

“These contracts are a significant milestone for the E-2D advanced Hawkeye Program and the U.S. Navy, ” said Jim Culmo, vice president of airborne early warning and battle management command and control.

“The innovation Northrop Grumman applied to the design and development of the E-2D advanced Hawkeye leverages experience gained from providing uncompromised airborne early warning and battle management command and control for more than 50 years. This affirms that the E-2D Advanced Hawkeye is the right platform providing the right capability at the right time.”

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