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  • Friday, November 22, 2024

Northrop Awarded $246M Air Force B-2 Component Manufacturing Contract Modification

The Defense Logistics Agency has awarded Northrop Grumman (NYSE: NOC) a $246.4M contract modification that adds production pricing for exhaust pipes of the U.S. Air Force's B-2 bomber aircraft.

This award falls under a firm-fixed-price indefinite-quantity contract with four base years plus one five-year option period, the Department of Defense said Tuesday.

DLA initially awarded a $42.8M contract last year original contract in September 2019 to order B-2 hot trailing edge units for the military branch.

Fiscal 2021 defense working capital funds are being used on the modification award.

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