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Northrop Receives Navy E-2 Aircraft Power Electronics Delivery Orders

Jeff Brody

The Defense Logistics Agency has awarded Northrop Grumman (NYSE: NOC) a pair of delivery orders to supply power electronics for the U.S. Navy's E-2 Hawkeye early warning-and-control aircraft.

Northrop will provide high-voltage power supplies to the service branch under the first order worth $17M, the Department of Defense said Thursday.

For the second order, valued at $11M, the company will deliver aircraft power amplifier modules.

The Navy intends to finance both purchases with its working capital funds for fiscal 2019 through fiscal 2022.

In April, Northrop secured a potential $3.2B contract modification to produce 24 units of the E-2D Advanced Hawkeye variant.

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