A business sector of Northrop Grumman (NYSE: NOC) has won a potential eight-year, $1.12B contract to manufacture threat-representative subscale targets and re-entry vehicles for the Missile Defense Agency.
Northrop Grumman Innovation Systems will also store, maintain and monitor associated hardware and software, the Department of Defense said Friday .
The agency received two proposals for the fixed-price-incentive-fee contract via a competitive procurement on FedBizOpps and is obligating $7.4M in fiscal 2019 research, development, test and evaluation funds at the time of award.
Contract work will take place in Chandler, Ariz., through September 2027.
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