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.

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Headquarters are located in Tysons Corner, VA. www.executivemosaic.com

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