Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Instagram Outage Disrupts Thousands of U.S. Users 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
FALLS CHURCH, Va., Aug. 3, 2016 -- Northrop Grumman Corporation (NYSE:NOC) has received a U.S. Navy contract to begin production of a second Japanese E-2D Advanced Hawkeye airborne early warning (AEW) and surveillance aircraft.
|
|||||
The first Japanese E-2D is in production and will be delivered in 2018.
A photo accompanying this release is available at: http://media.globenewswire.com/noc/mediagallery.html?pkgid=40965
The aircraft will be produced at the company's Aircraft Integration Center of Excellence in St. Augustine, Florida. Northrop Grumman will manufacture the Japanese E-2D on the same multiyear production line used for U.S. aircraft, which allows for a more efficient and affordable delivery schedule. The E-2D is the world's only AEW aircraft in production.
"For more than 50 years, Northrop Grumman has partnered with Japan by providing a range of capabilities and technologies in defense, security and communications," said Jane Bishop, vice president, E-2D Advanced Hawkeye programs, Northrop Grumman. "We are honored to continue this strong partnership through the E-2D program, which brings Japan a powerful new tool that meets their immediate airborne surveillance needs and facilitates information sharing across many platforms, making it a force multiplier for the future as well."
In 2014, the Japanese Ministry of Defense competitively selected the E-2D to fulfill the nation's AEW requirements. The Japan Air Self-Defense Force has operated the E-2C Hawkeye since the 1983. The E-2C is also currently used by Taiwan, France and Egypt.
Northrop Grumman is a leading global security company providing innovative systems, products and solutions in autonomous systems, cyber, C4ISR, strike, and logistics and modernization to customers worldwide. Please visit www.northropgrumman.com for more information.
CONTACT: Lindsay McLaurin
703-280-4705 (office)
804-239-3851 (mobile)
[email protected]
