Northrop Grumman To Supply Additional Airborne Mine Hunting Systems To Japan
ANNAPOLIS, Md., July 11, 2012 /PRNewswire/ -- Northrop Grumman Corporation (NYSE:NOC) has been awarded a series of follow-on contracts by the Japanese Maritime Self-Defense Force (JMSDF) to supply three additional AQS-24A airborne mine hunting systems.
The contracts, which also include airborne electronics and ground-based support equipment, follow an initial contract awarded in October 2011 for Northrop Grumman to deliver Japan's first AQS-24A. The JMSDF will use all four complete AQS-24A airborne mine hunting sonar systems on its new MCH-101 helicopters.
The award of the airborne electronics work marks the culmination of a technology transition with Japan, which allows for certain components of the airborne electronics to be manufactured in Japan. The equipment support effort represents the initial establishment of in-country support capability and infrastructure for the AQS-24A, which will eventually enable the JMSDF to provide full logistics support for the AQS-24A systems. Additional follow-on efforts for more systems, electronics and support equipment are anticipated in 2013 and will continue until the JMSDF reaches its full operational inventory objective.
"These additional contracts further strengthen our relationship with the JMSDF," said Tom Jones, vice president of Northrop Grumman's Undersea Systems business unit. The AQS-24A and its predecessors, the AQS-24 and the AQS-14, all built by Northrop Grumman, have been the only operational airborne mine hunting search systems used by the U.S. Navy for the past 27 years. The AQS-24A is a high speed mine-hunting system that is primarily towed from the MH-53E helicopter, but has been easily adapted to the JMSDF version of the EH-101 aircraft. With a track record of proven reliability and performance across the globe, the system's high-resolution side-scan sonar detects, localizes and classifies both bottom and moored mines in real-time at high area coverage rates.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
TheStreet Quant Ratings
TRY IT FREENew! $49.95/yr
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
Product Features:
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Dividend Stock Advisor
TRY IT FREEJim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
