Northrop to Continue Army Logistics Support Under $101M Contract Modification

The U.S. Army has awarded Northrop Grumman (NYSE: NOC) a one-year, $101.1M contract modification to continue to provide logistics support for government-owned, fixed-wing aircraft.

Northrop received $34M in contract funds at the time of award and will perform work in Herndon, Va., through Aug. 31 next year, the Department of Defense said Wednesday.

The company initially received a $116.9M logistics contract in August 2017 to support aircraft designed to perform special electronic missions. The original contract will run through Feb. 28, 2027.

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