Navy Taps Boeing, General Atomics, Lockheed & Northrop for Additional UCAAS Risk Reduction Work

TYSONS CORNER, VA, April 18, 2017 — The U.S. Navy has awarded separate contract modifications to Boeing (NYSE: BA), General Atomics, Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) for continued risk reduction work on the future MQ-25 unmanned carrier aviation air system, ExecutiveBiz reported Monday.

The Defense Department said Thursday the Navy provided $19.1 million to Boeing, $18.7 million to General Atomics, $18.9 million to Lockheed and $24.8 million to Northrop to refine concepts and develop trade space in preparation for the UCAAS engineering and manufacturing development phase.

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