The Northrop Grumman Army contract has a ceiling of $4.84 billion and covers full-rate production of the Common Infrared Countermeasure system.
Northrop Grumman (NYSE: NOC) received a firm-fixed-price, indefinite-delivery and indefinite-quantity award, according to the government contract announcement. Army Contracting Command is the contracting activity.
Northrop Grumman Army Contract Runs Through 2035
The estimated completion date is September 30, 2035. Work locations and funding will be established with individual orders, meaning the headline ceiling does not represent revenue booked immediately or a guarantee that the entire amount will be spent.
One bid was solicited and one was received. The Common Infrared Countermeasure program is intended to protect aircraft against infrared-guided threats, placing the award within a long-duration military aircraft survivability program.
The contract adds production visibility but actual sales and cash flow will depend on the timing and value of future task orders. Investors can review the underlying award alongside other daily notices on the U.S. Department of Defense contracts page.
