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June 5, 2014
08:33 EDTNOCNorthrop Grumman awarded contract to develop navigational system for DARPA
Northrop Grumman has been awarded a contract from the U.S. Army Aviation and Missile Research Development and Engineering Center to develop a miniaturized navigation grade inertial system for the Defense Advanced Research Projects Agency. Under the cost-plus-fixed-fee contract with an initial value of $648,000, Northrop Grumman will develop a miniaturized inertial measurement unit for the C-SCAN program by combining bulk acoustic wave MEMS gyro and nuclear magnetic resonance gyro technologies. This includes maturing the NMR gyro, shrinking the package's current size and developing a new precision optical accelerometer. The contract has a potential value of $13.4 million with multiple options after the initial 12‑month base contract.
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June 26, 2015
07:26 EDTNOCSRA International exploring sale or IPO, Reuters reports
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June 22, 2015
10:01 EDTNOCNorthrop Grumman awarded delivery $31.7M order from DMEA
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