Northrop Grumman receives $3.64 billion E-2D Advanced Hawkeye contract

Defence and Security

The U.S. Navy has awarded Northrop Grumman a $3.64 billion contract award to build 25 E-2D Advanced Hawkeye airborne early warning and control (AEW&C) system aircraft.

Announced on Monday, the five-year contract will save the U.S. Government about $369 million, the acquisition will bring the total number of USN E-2Ds on order to 50, out of a total requirement for 75 aircraft, according to the Navy.

Thirteen production aircraft have been delivered to date, and initial operating capability is expected this October.

According to Capt. John Lemmon, Naval Air Systems Command’s E-2 partner program manager - The multi-year contract award improves the affordability of the E-2D Advanced Hawkeye, getting the best price with taxpayer money.Read complete story at http://www.tendersontime.com/blog-detail/northrop-grumman-receives-364-billion-e-2d-advanced-hawkeye-contract-99.php