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Northrop Lands $1.3B Contract to Produce, Sustain Air Force Targeting Pods

Northrop Grumman (NYSE: NOC) has received a potential five-year, $1.31B contract to develop, produce, modernize and sustain LITENING targeting pods for the U.S. Air Force. Work under the sole-source indefinite-delivery/indefinite-quantity contract will take place in Rolling Meadows, Ill., through Dec. 31, 2023, the Department of Defense said Friday. LITENING is equipped with multiple sensors and designed to …

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Northrop Awarded $74M to Update F-16 Targeting Systems

TYSONS CORNER, VA June 25, 2015 — ExecutiveBiz reported Wednesday on Northrop Grumman (NYSE: NOC) landing a contract worth $74 million from the U.S. Air Force to update the targeting system onboard F-16 jets into Litening G4 technology. Jim Mocarski, vice president of Northrop Grumman’s airborne tactical sensors business unit, …

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