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Northrop Receives $458M Navy Order for E-2D Advanced Hawkeye Systems Refresh

Northrop Grumman (NYSE: NOC) has booked a five-year, $458.2 million order to modernize the navigation, controls, tactical mission computer and display systems of the U.S. Navy’s E-2D Advanced Hawkeye aircraft.

Under the sole-source award that the Naval Air Systems Command issued against a basic ordering agreement, Northrop will be responsible for the retrofit installation of the cockpit technical refresh and theater combat identification, the Department of Defense said Tuesday.

Work is expected to run through September 2028. Around 54 percent of the services will take place in Florida and the rest in Canada and various other locations in the U.S.

An initial $66.6 million from the Navy’s fiscal 2023 research, development, test and evaluation funds will be obligated at the time of the award.

The E-2D Advanced Hawkeye aircraft provides the Navy with advanced radar and sensor capabilities for battle management, theater air and missile defense and multiple sensor fusion in an airborne system.

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