U.S. Air Force Awards $302.9M Contract to Northrop Grumman for Five UAVs.

SAN DIEGO (GLOBE NEWSWIRE): The U.S. Air Force has awarded Northrop Grumman Corporation (NYSE:(NOC)) a $302.9 million fixed price incentive fee contract for five RQ-4 Global Hawk high-altitude, long-endurance (HALE) unmanned aircraft systems (UAS). Under the Lot 7 production contract, the company will build two Block 30 systems and three Block 40 systems for the 303d Aeronautical Systems Group at Wright Patterson AFB in Dayton, Ohio. Full Story.