NGC Awarded Navy Performance Based Logistics Contract
Northrop Grumman Corporation (NYSE:NOC) has received a Performance Based Logistics (PBL) contract from Naval Supply Systems Command Weapon Systems Support, to continue its 24/7 support of the U.S. Navy fleet for three shipboard systems.
Under the not-to-exceed $24.8 million one-year contract, Northrop Grumman will provide 150 PBL repair assembly kits and spare parts for the WSN-7 ring laser gyro, the AN/BPS-15/16 submarine radar detecting and range set, and the DDG steering and scalable integrated bridge systems for guided missile destroyers. The systems are used on U.S. Navy surface ships and submarines and on foreign military sales surface ships. The work began in July 2013 and will continue through July 2014. The award is a continuation of work Northrop Grumman has performed for the fleet for the past nine years.
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"Northrop Grumman's partnership with the Naval Supply Systems Command has been a win-win for both organizations since 2004," said Bill Hannon, vice president of Northrop Grumman's Maritime Systems business unit. "This material arrangement allows the Navy to affordably and promptly support these major shipboard systems and minimize down time while continuing to conduct critical maritime operations."
Assembly kits are produced and delivered worldwide to operating forces as quickly as possible with minimal downtime, taking into consideration each vessel's deployment schedule, current operational needs and expected plans.
Source : Northrop Grumman - view original press release