Northrop Grumman To Provide Hand Held Precision Targeting Devices To U.S. Army
APOPKA, Fla., Jan. 14, 2013 (GLOBE NEWSWIRE) -- The U.S. Army has awarded a contract to Northrop Grumman (NYSE:NOC) to supply Hand Held Precision Targeting Devices (HHPTDs).
The HHPTD is an advanced targeting system weighing less than 5.5 pounds and providing a greater degree of precision than previous systems. To supply the accurate information needed on the modern battlefield, the device incorporates a celestial navigation module. Devices such as the HHPTD allow forces on the ground to relay accurate targeting data to aircraft and command centers. Under the terms of the $9.2 million contract, Northrop Grumman will supply the systems over a three-year period.
"With the Hand Held Precision Targeting Device, we have used the experience we gained from the production of the Lightweight Laser Designator Rangefinder IIH to create a smaller, more lightweight targeting system," said Gordon Stewart, vice president and general manager of the laser systems business unit. "The HHPTD puts the targeting accuracy needed for today's precision GPS munitions in the hands of the warfighter."
Northrop Grumman has delivered more than 25,000 electro-optic laser systems. Currently deployed and in-production systems include man-portable products such as the Lightweight Laser Designator Rangefinder IIH and the Mark VII and Mark VIIE laser target locators; ground vehicle products such as the M1 Abrams Eyesafe Laser Rangefinder and the Sight Integrated Rangefinder for Stryker vehicles; and airborne products such as the Target Acquisition Designation Sight for the AH-64 Apache and lasers for unmanned aerial vehicles and helicopters; and Viper countermeasure lasers for the AN/AAQ-24(V) Directional Infrared Countermeasures system used to protect soldiers from the threat of infrared-guided missiles. 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 www.northropgrumman.com for more information.CONTACT: Ellen Hamilton
224-625-4693 (office)
847-815-0753 (mobile)
ellen.hamilton@ngc.com
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
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim 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
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
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
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
