Needed deals.After missing out on $16 billion worth of non-defense jobs in the past month, Northrop Grumman Northrop Grumman Corporation (NYSE: NOC) is an aerospace and defense conglomerate that is the result of the 1994 purchase of Grumman by Northrop. The company is the third largest defense contractor for the U.S. Corp. landed a $750 million Department of Homeland Security Noun 1. Department of Homeland Security - the federal department that administers all matters relating to homeland security Homeland Security executive department - a federal department in the executive branch of the government of the United States contract as well as a $79 million contract from the U.S. Army. The Los Angeles-based defense contractor will provide the U.S. Citizenship and Immigration immigration, entrance of a person (an alien) into a new country for the purpose of establishing permanent residence. Motives for immigration, like those for migration generally, are often economic, although religious or political factors may be very important. Services agency with biometric services for U.S. citizenship applications and green card renewals. The contract is worth a guaranteed $357 million for the first year with four one-year options, giving the contract a total value of $750 million if it extends for five years. The $79 million Army contract is for 300 Lightweight Laser Designator Rangefinder systems, mainly used in conjunction with laserguided, GPS-guided and conventional munitions mu·ni·tion n. War materiel, especially weapons and ammunition. Often used in the plural. tr.v. mu·ni·tioned, mu·ni·tion·ing, mu·ni·tions To supply with munitions. . Deliveries are scheduled to begin in June of next year with completion near 2009 and will be filled from the company's Apopka, Fla., facility. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion