The defense contractor received additional funding for long-lead items and preconstruction work on the radar program.
Northrop Grumman (NOC) announced a $215.93M contract modification for the Deep Space Advanced Radar Capability (DARC) Site 2 program. The funding covers long-lead items, antenna hardware, manufacturing, and preconstruction work.
The modification follows prior contracts for the DARC program, which aims to enhance space surveillance capabilities. No prior consensus or comparable period figures were disclosed for this specific modification.
The announcement did not include immediate market reaction details.