Northrop Unit Lands $1.1B MDA Missile Target Supply Contract

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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