Stock Market News

Northrop wins Space Development Agency’s contract to build 14 satellite

2022.07.18 22:25

2/2
Northrop wins Space Development Agency's contract to build 14 satellite
FILE PHOTO: The corporate logo of Northrop Grumman is shown on a Fire Scout MQ-8 B unmanned helicopter during a ceremony at Naval Air Station North Island in Coronado, California, May 2, 2013. REUTERS/Mike Blake

2/2

(Reuters) – Defense contractor Northrop Grumman Corp (NYSE:NOC) said on Monday it had won a contract to build and deploy a low-Earth orbit constellation of 14 satellites for the U.S. Space Development Agency.

The satellites are part of the agency’s plan to build the Tranche 1 Tracking Layer for detecting, identifying and track hypersonic weapons and other advanced missiles from their earliest stages of launch through interception.

The agency said the Northrop award had a potential value of about $617 million.

The space agency also awarded a similar contract to L3Harris Technologies (NYSE:LHX) Inc, with a potential value of about $700 million.

The launch of the satellites is expected to start in April 2025.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 84,221.57 1.09%
ethereum
Ethereum (ETH) $ 1,937.36 2.58%
tether
Tether (USDT) $ 1.00 0.00%
xrp
XRP (XRP) $ 2.36 2.26%
bnb
BNB (BNB) $ 626.23 4.25%
solana
Solana (SOL) $ 129.47 1.84%
usd-coin
USDC (USDC) $ 1.00 0.00%
cardano
Cardano (ADA) $ 0.723864 3.29%
dogecoin
Dogecoin (DOGE) $ 0.174684 3.47%
tron
TRON (TRX) $ 0.219354 2.79%
staked-ether
Lido Staked Ether (STETH) $ 1,936.84 2.64%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 84,124.54 1.26%
pi-network
Pi Network (PI) $ 1.35 2.80%
leo-token
LEO Token (LEO) $ 9.78 2.18%
chainlink
Chainlink (LINK) $ 14.11 4.83%
the-open-network
Toncoin (TON) $ 3.48 2.05%
stellar
Stellar (XLM) $ 0.273723 2.32%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,322.68 3.08%
usds
USDS (USDS) $ 1.00 0.05%
hedera-hashgraph
Hedera (HBAR) $ 0.192786 4.45%
avalanche-2
Avalanche (AVAX) $ 18.91 3.04%
shiba-inu
Shiba Inu (SHIB) $ 0.000013 1.53%
sui
Sui (SUI) $ 2.36 5.06%
litecoin
Litecoin (LTC) $ 93.20 3.91%
mantra-dao
MANTRA (OM) $ 7.04 3.10%
bitcoin-cash
Bitcoin Cash (BCH) $ 339.26 1.63%
polkadot
Polkadot (DOT) $ 4.40 3.89%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.03%
weth
WETH (WETH) $ 1,938.62 2.68%
bitget-token
Bitget Token (BGB) $ 4.42 1.20%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999894 0.21%
hyperliquid
Hyperliquid (HYPE) $ 13.61 3.21%
whitebit
WhiteBIT Coin (WBT) $ 28.52 0.11%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,059.84 2.86%
monero
Monero (XMR) $ 211.93 0.25%
uniswap
Uniswap (UNI) $ 6.36 4.24%
susds
sUSDS (SUSDS) $ 1.04 0.05%
aptos
Aptos (APT) $ 5.37 4.18%
dai
Dai (DAI) $ 0.999833 0.03%
near
NEAR Protocol (NEAR) $ 2.67 5.32%
pepe
Pepe (PEPE) $ 0.000007 13.05%
okb
OKB (OKB) $ 50.27 2.65%
internet-computer
Internet Computer (ICP) $ 6.03 8.00%
ondo-finance
Ondo (ONDO) $ 0.876513 6.71%
mantle
Mantle (MNT) $ 0.821451 0.70%
ethereum-classic
Ethereum Classic (ETC) $ 17.97 2.96%
gatechain-token
Gate (GT) $ 21.97 3.00%
tokenize-xchange
Tokenize Xchange (TKX) $ 33.49 11.76%
aave
Aave (AAVE) $ 176.15 6.24%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 84,307.59 1.27%