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US, Japan Reach $1.7B Northrop Hawkeye Aircraft Sale Deal

HawkeyeJapan has ordered Northrop Grumman-built (NYSE: NOC) E-2D Advanced Hawkeye planes from the U.S. government through a potential $1.7 billion foreign military sales transaction approved by the State Department.

The deal covers four E-2D airborne early warning and control aircraft units, 10 installed and spare engines, four radars and eight multifunction information distribution system low-volume terminals, the Defense Security Cooperation Agency said Monday.

Northrop’s aerospace systems business could also provide modification, engineering, logistics, technical documentation and aerial refueling support services.

The U.S. Naval Air Systems Command would manage the acquisition and integration of all systems covered by the FMS agreement.

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