The U.S. Army awarded Northrop Grumman a five-year deal to produce 120mm M1147 Advanced Multi-Purpose tank rounds.
Northrop Grumman secured a five-year contract from the U.S. Army to manufacture the M1147 Advanced Multi-Purpose (AMP) round, a 120mm munition for the M1 Abrams main battle tank. The deal supports the Army’s modernization efforts for armored warfare capabilities.
The M1147 AMP round is designed to replace multiple existing munitions, offering enhanced versatility and precision. This contract follows prior defense procurement trends, reflecting ongoing investments in next-generation military hardware. No financial terms were disclosed in the announcement.
Shares of Northrop Grumman remained stable following the news, as the contract aligns with existing defense sector expectations.