U.S. Air Force Order for NOC (BA) (LMT) (NOC)

Zacks

Defense Contractor Northrop Grumman Corporation (NOC) said it has added a $48.7 million U.S. Air Force contract to its kitty to continue providing support for the Air Force’s Battlefield Airborne Communications Node (BACN) system.

Northrop Grumman said the modification contract will entail providing continued management, engineering, implementation, test, site and training support to the network. Northrop began work on the BACN program as the prime contractor in April 2005, and primarily manages the project from San Diego.

The latest modification contract under the BACN program was awarded by the Hanscom Air Force Base in Massachusetts.

The Battlefield Airborne Communications Node (BACN) system is capable of providing an advanced airborne communications gateway capability to commanders and war fighters.

At the same time it enhances the situational awareness and connects disparate voice and data link networks throughout the battle space. BACN bridges and extends voice communications and battle space awareness information from numerous sources using a suite of computers and radio systems.

Over the past year, the BACN program has received a number of honors including the Weapon Systems Award from the Order of Daedalians, a national fraternity of military pilots; and the 2010 Network Centric Warfare Award (TM) for Outstanding Achievement from a Defense Industry Partner of the Institute for Defense and Government Advancement.

Also, the Department of Defense (DoD) and the National Defense Industrial Association have selected the BACN Joint Urgent Operational Need program to receive one of the Top 5 DoD Program Awards. This award is given annually for excellence in systems engineering.

Los Angeles-based Northrop Grumman Corporation is the third largest defense contractor after The Boeing Company (BA) and Lockheed Martin Corporation (LMT) in the U.S. in terms of trailing twelve months sales. The company supplies a broad array of products and services to the U.S. DoD, including electronic systems, information technology, aircraft, space technology and systems integration services.

Northrop Grumman presently retains a short-term Zacks #3 Rank (Hold) that corresponds with our long-term Neutral recommendation on the stock.

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