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  • Monday, November 25, 2024

Northrop Receives $109M FMS Contract Modification to Continue South Korea UAS Support

The U.S. Air Force has awarded Northrop Grumman (NYSE: NOC) a $108.8 million contract modification to continue logistics support of RQ-4 Global Hawk unmanned aircraft systems for South Korea.

The company will perform the work for a second year to address a foreign military sales requirement and will receive $22.9 million in FMS funds at the time of award, the Department of Defense said Friday.

Northrop received a $158.4 million initial contract for aircraft sustainment services to the Asian country’s RQ-4 UAS fleet in November of last year.

In the same month, the company received a potential $4.8 billion contract to update, refurbish and sustain Air Force Global Hawk variants.

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