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 To Demonstrate Faster, Simpler Way To Replace Obsolete Parts For B-2 Bomber

PALMDALE, Calif., Feb. 5, 2014 /PRNewswire/ -- The U.S. Air Force will get its first look at a faster, more affordable way to replace obsolete avionics on the B-2 stealth bomber under a contract awarded last August to Northrop Grumman Corporation (NYSE: NOC).

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

Under the 43-month, $43.5 million award, the company will produce a functional replacement for a B-2 avionics box called the Audio Central Distribution Unit (ACDU). More significantly, the work will map out a smart, cost-effective way to address a growing threat to B-2 readiness: mission-essential parts that cannot be repaired or easily replaced.

Northrop Grumman is the Air Force's prime contractor for the B-2, the flagship for the nation's long range strike arsenal and one of the world's most survivable aircraft.

"Northrop Grumman has developed a concept called the Common Processor to create same-size, functional replacements for many of the B-2's most critical avionics units – in a fraction of the time and cost required to do custom replacements for those units," said Dave Mazur, vice president and B-2 program manager, Northrop Grumman Aerospace Systems. "The ACDU will be the first B-2 avionics line replaceable unit [LRU] to be produced using this approach."

An increasing number of LRUs on the jet face or will soon face obsolescence, explained Mazur. In some cases, the company that produced an LRU is out of business or can no longer produce the unit. In other cases, the equipment required to test an LRU is no longer available.

The Common Processor concept is achieved by taking advantage of functional similarities among avionics LRUs on the B-2 today. Common hardware elements will be used in unique combinations to create different types of LRUs.

"One of the most powerful features of the Common Processor is that it will allow B-2 maintainers to use one common set of test equipment for all of the replacement LRUs," said Mazur. "This approach will reduce avionics sustainment costs and help improve aircraft availability."

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 16,960.57 -123.23 -0.72%
S&P 500 1,978.34 -9.64 -0.48%
NASDAQ 4,449.5640 -22.5440 -0.50%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

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