NGC Awarded Position on AF TSA III Contract
The U.S. Air Force has awarded Northrop Grumman Corporation (NYSE:NOC) a position on the Training Systems Acquisition III (TSA III) indefinite delivery/indefinite quantity contract to support warfighter training systems at global U.S. Air Force operating locations.
Twelve companies have been awarded positions on TSA III, which has a ceiling value of approximately $20.9 billion over 10 years, if all options are exercised. The sustainment and modernization of all U.S. Air Force pilot and aircrew training systems will be executed through this contract.
Global Military Aerospace Simulation and Training Market Research Report 2016
"For more than 70 years, Northrop Grumman has provided our customers innovative training solutions," said Greg Schmidt, vice president and general manager, mission solutions and readiness division, Northrop Grumman Technical Services. "We look forward to providing the U.S. Air Force these state-of-the-art warfighter training capabilities that are critical to ensuring mission success."
TSA III addresses the U.S. Air Force's need for the performance-based acquisition of training systems. Northrop Grumman's specialized training services and products provide air and ground forces with a full spectrum of cost-effective, integrated mission solutions.
Northrop Grumman has been providing training and training services for decades. As training evolves from live flight to a mix of live, virtual and constructive simulations, the requirement for increasing fidelity in simulations is critical to the warfighter. Northrop Grumman Technical Services has provided worldwide training and training solutions to hundreds of thousands of military, government and international students, with services in more than 15 countries.
Source : Northrop Grumman Corporation (NYSE:NOC) - view original press release
Feb 13 - 14, 2017 - London, United Kingdom