Over the past two in-sequester days, the Pentagon has awarded a total of 42 separate contracts to various contractors, worth well over $4 billion in aggregate.
Among many beneficiaries, Northrop Grumman (NYSE: NOC ) won a total of four contracts in two days:
- The largest of the four awards, for $49.3 million, came in the form of a contract for "guardrail modernization system spare parts."�Contrary to what the name might suggest, this contract has nothing to do with roadside safety, rather referring to the U.S. Army's upgrade of its RC-12X "Guardrail" signals intelligence (SIGINT) aircraft, which is built upon a Beechcraft King Air turboprop chassis. The contract has a March 5, 2018 completion date.
- Northrop Grumman won a $22.2 million contract modification award on its contract to upgrade the cryptography on remote key/code changes in the nation's ICBM fleet. This contract runs through Aug. 3, 2013.
- The company's Electronic Systems Sector, Land and Self Protection Systems Division, won an $11.7 million modification to a previously awarded contract "for software and the integration of that software into the hardware design of the AN/APR-39D(V)2�processor and appropriate antennas and receiver resources in support of various naval aviation platforms.�" This award refers to upgrades on radar "threat" receivers, which alert a pilot to the fact that he is being tracked by enemy weapons-targeting radar. Work on this one should be completed by March 2014.
- Finally, Northrop's Information Systems division won a $9.8 million contract exercising an option on a previous contract for systems sustainment in support of a biometrics database. Completion date: Feb. 28, 2014.�
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