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Northrop Grumman $1B Richer
Posted By kurtnimmo On March 23, 2011 @ 10:38 am In Big Brother | Comments Disabled
Zacks Equity Research
March 23, 2011
A team led by Northrop Grumman Corporation was awarded a follow-on task order of a total potential value of $1.1 billion by the U.S. General Services Administration (GSA). Per the order the team led by Northrop will operate, maintain and enhance the classified networks for the U.S. Department of Homeland Security.
Northrop Grumman’s team includes, among others, Lockheed Martin Corporation , Audio Video Systems and BruinWave Solutions. Work on the order will be conducted over a one-year base period with six one-year option periods.
Northrop Grumman was awarded the original task order to build and operate the department’s secret classified network infrastructure in 2004.
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