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GRUMMAN SIGNS JOINT STARS PRODUCTION CONTRACT

 GRUMMAN SIGNS JOINT STARS PRODUCTION CONTRACT
 BETHPAGE, N.Y., April 30 /PRNewswire/ -- Grumman Corporation


(NYSE: GQ) announced today that it has signed an initial production contract for Joint STARS E-8C aircraft with the U.S. Air Force's Electronic Systems Division, Air Force Systems Command.
 The first lot of two E-8C aircraft has an estimated value of $503 million. The advance acquisition effort of the contract for the first two production E-8C's is $125 million. According to present plans, a total of 19 production E-8C aircraft will be delivered starting in early 1996.
 "Joint STARS may well become one of Grumman's largest programs well into the 21st Century," said Renso Caporali, Grumman Chairman. "As was proved with the performance of the two development aircraft in the Gulf War, Joint STARS takes our capability in surveillance technology to new heights."
 Grumman Melbourne Systems Division has been working on Joint STARS under the initial full-scale development contract awarded in 1985. In November 1990, the Air Force awarded Grumman a follow-on contract for the full production E-8C configuration and a third test aircraft. The development contracts are valued at $1.5 billion.
 Joint STARS -- Joint Surveillance Target Attack Radar System -- is a battle management system being developed for the U.S. Air Force and U.S. Army that will detect, locate, track and classify enemy formations at long range, and guide aircraft and missiles against them. Pulled out of development several years before initial operational capability, the two prototype E-8A aircraft were thrust into Operation Desert Storm last year. They provided air and ground commanders a real-time tactical view of the battlefield never before achieved in the history of warfare.
 The Joint STARS production airframe will be a Boeing 707-300-series aircraft. The 707 aircraft will be modified to accept the Joint STARS electronics at Grumman Melbourne Systems' Louisiana Operations in Lake Charles, La. The electronics will be installed in the modified aircraft at the division's Integration and Test Facility in Melbourne, Fla.
 Grumman Corporation is best known as a leading international aircraft and aerospace company. Other businesses range from sophisticated integrated information and electronics systems to U.S. Postal Service delivery trucks. Headquartered in Bethpage, N.Y., Grumman employs more than 22,700 people. Revenues were $4 billion in 1991.
 -0- 4/30/92
 /CONTACT: Kathleen Housley of Grumman, 516-575-4938/
 (GQ) CO: Grumman Corporation ST: New York IN: ARO SU: CON


KD -- NY099 -- 5083 04/30/92 15:42 EDT
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Publication:PR Newswire
Date:Apr 30, 1992
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