Stock Under $10 with 50-100% upside potential - 14 Days FREE!

Photo Release -- Northrop Grumman Delivers CIRCM System To U.S. Army Ahead Of Schedule

Stock quotes in this article: NOC 

ROLLING MEADOWS, Ill., Jan. 31, 2013 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) has delivered the first of eight Common Infrared Countermeasures (CIRCM) missile defense systems to the U.S. Army two months ahead of schedule.

CIRCM
Paul Lang (right), director of CIRCM programs at Northrop Grumman in Rolling Meadows, Ill., presents Clinton Strately of Program Management Countermeasures, U.S. Army, with the initial delivery of CIRCM hardware under acceptance testing procedure.

A photo accompanying this release is available at http://media.globenewswire.com/noc/mediagallery.html?pkgid=16943 Northrop Grumman successfully completed acceptance testing with the Army on the first CIRCM suite of equipment and delivered a complete hardware set. This testing, which confirmed system performance, size, weight and power compliance, was completed two months ahead of schedule and validates the Northrop Grumman offering as capable and mature.

The system was delivered under a $31.4 million Technology Demonstration contract to develop the next generation of aircraft survivability equipment to defend helicopters against man-portable air-defense systems and other heat-seeking munitions. The system is now scheduled to enter reliability testing.

"With the growing proliferation of infrared threats, it is more important than ever that our troops have effective protection from these missiles," said Jeffrey Palombo, vice president and general manager of Northrop Grumman's Land and Self-Protection Systems division. "This early delivery confirms the maturity of our CIRCM solution and is an important step toward getting this technology into the field. We will make certain that our CIRCM system performs beyond the Army's expectations and remains ready to address evolving threat contingencies at a moment's notice."

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
TRY IT FREE

Jim 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 FREE
New! $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 FREE

David 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 FREE

24/7 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 FREE

All 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 FREE

Our 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
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 15,354.40 121.18 0.80%
NASDAQ 3,498.97 33.73 0.97%
S&P 500 1,667.47 17.00 1.03%
US 10 Yr 1.949% +0.084

Brokerage Partners

Advertising Partners
Special Features

Free Newsletters from TheStreet

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy. Manage Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs