NGC Selected for Advanced Technology Support Program IV

Northrop Grumman Corporation (NYSE:NOC) was one of eight companies awarded an engineering services contract for the Advanced Technology Support Program IV (ATSP4). The indefinite-delivery, indefinite-quantity, multiple award contract has a total potential value of $7.2 billion and will be carried out over the next ten years.

The ATSP4 program is contracted by the Defense Microelectronics Activity (DMEA) in McClellan, California and is designed to enable quick react contracting to facilitate technology transformation in Department of Defense systems. Northrop Grumman has been awarded contracts for previous iterations of this program since 1999.

Under the contract, Northrop Grumman may undertake tasks ranging from trade studies, technology development and upgrades, to developing advanced technology solutions for new and existing DOD weapon systems. Other capabilities included in the contract are design, fabrication, assembly, testing, integration, prototyping and limited systems production.

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"We are proud to receive the Advanced Technology Support Program IV contract and continue our strong relationship with DMEA," said Howard Lurie, vice president, program management, Northrop Grumman Mission Systems. "The ability to streamline the contracting approach and provide rapid access to Northrop Grumman's advanced technologies and engineering services are of great value to our customers."

Source: Northrop Grumman Corporation (NYSE:NOC)
Date: May 23, 2016