This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

U.S. Army Awards Northrop Grumman Basic Ordering Agreement For EAGLE

HERNDON, Va., Oct. 23, 2012 (GLOBE NEWSWIRE) -- U.S. Army Sustainment Command (ASC) awarded Northrop Grumman Corporation (NYSE:NOC) a basic ordering agreement for the Enhanced Army Global Logistics Enterprise (EAGLE) on Sept. 12. The agreement allows the company to compete for future task orders from the ASC.

EAGLE is an indefinite delivery, indefinite quantity (ID/IQ) contract vehicle the Army will use for maintenance, supply and transportation support functions required by the ASC. EAGLE's ceiling value is $23.5 billion. Northrop Grumman was one of a number of defense companies that won agreements to compete under the vehicle.

"Winning a seat on EAGLE is an important enabler for our support to the U.S. Army warfighter," said Bill Carty, sector vice president and general manager, Northrop Grumman Technical Services Defense and Government Services division. "This selection further strengthens Northrop Grumman's position as a provider of innovative logistics and affordable service solutions to the Army."

EAGLE is a new contract vehicle that is expected to replace present ID/IQ vehicles, including Field and Installation Readiness Support Teams, for which Northrop Grumman is a prime contractor. The Army will use EAGLE to assign sustainment services to include the maintenance and reset of equipment, supply chain management and vehicle sustainment and logistics operations.

"As the leading provider of vehicle sustainment operations and logistics to the Army for more than 35 years, we understand the value of performance in sustaining vehicles used by our nation's warfighters to successfully complete their mission," said Steve Mapley, EAGLE program manager, Northrop Grumman Technical Services. "Our experience sustaining and modernizing the Army's combat and tactical wheeled vehicle fleets results in affordable, innovative processes that ensure mission readiness."

Northrop Grumman is a leading global security company providing innovative systems, products and solutions in unmanned systems, cybersecurity, C4ISR, and logistics and modernization to government and commercial customers worldwide. Please visit for more information.
CONTACT: Bryce McDevitt
         Leah Smith

Company Logo

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $95.18 0.00%
FB $117.43 0.00%
GOOG $692.36 0.00%
TSLA $232.32 0.00%
YHOO $36.01 0.00%


Chart of I:DJI
DOW 17,750.91 -140.25 -0.78%
S&P 500 2,063.37 -18.06 -0.87%
NASDAQ 4,763.2240 -54.37 -1.13%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs