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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Northrop Grumman And Trex Enterprises To Introduce Celestial Navigation To Soldier Precision Targeting Laser Systems

















APOPKA, Fla., Jan. 6, 2014 /PRNewswire/ -- Northrop Grumman Corporation (NYSE: NOC) has announced an agreement to collaborate with Trex Enterprises Corporation to bring celestial navigation technology to the precision targeting capability provided to the U.S. military and allied forces.

(Logo:  http://photos.prnewswire.com/prnh/20121024/LA98563LOGO)

Trex Enterprises has developed and matured the core technology for providing a highly accurate celestial navigation subsystem for use in military products and scientific applications. Northrop Grumman has entered into a licensing agreement with Trex Enterprises that allows Northrop Grumman to produce and integrate this celestial navigation capability into ground targeting systems which offers greater precision in locating targets.

"The integration of celestial navigation technology marks an important milestone on the precision targeting technology roadmap," said Gordon Stewart, vice president and general manager of Northrop Grumman's Laser Systems business unit. "We will continue to refine and grow the application of celestial navigation for precision targeting across our production laser systems for U.S. and coalition warfighters."

Northrop Grumman has successfully completed formal qualification for its ground soldier targeting system with the celestial navigation enhancement and is delivering systems to support the immediate needs of deployed soldiers.

"Trex is excited to collaborate with Northrop Grumman to further advance and mature our celestial navigation technologies and products," said Ken Tang, chairman and CEO of Trex Enterprises. "The synergy between Trex research and development expertise and Northrop Grumman engineering and production capability will surely increase and accelerate benefits to our soldiers."

A privately held company with headquarters in San Diego, Calif., Trex Enterprises Corporation is a diversified high-technology company specializing in cutting-edge technical solutions and products to improve performance across the electromagnetic spectrum.

Northrop Grumman Laser Systems has fielded thousands of portable, lightweight targeting and laser systems for ground troops and ground vehicles and is one of the world's leading manufacturers of military electro-optical (EO) targeting systems. These systems include ground-based (man-portable, handheld and vehicle-mounted) EO imaging/ranging systems for target location, laser designators/markers for precise guidance of smart munitions, and airborne laser rangefinders and designators fielded onboard many of the world's most sophisticated manned and unmanned aircraft.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

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
TheStreet Quant Ratings
Try it NOW
Only $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 NOW

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
Dividend Stock Advisor
Try it NOW

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
Real Money Pro
Try it NOW

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 Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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.
Submit an article to us!
DOW 16,985.61 +78.99 0.47%
S&P 500 1,972.83 +9.12 0.46%
NASDAQ 4,419.0340 +27.5710 0.63%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs