January 19 2011
Northrop Grumman has received a Coast Guard contract for the fifth National Security Cutter, reports the defense firm.
The $89 million award covers long-lead materials for the fifth cutter in the Bertholf class. The value of the deal will increase to $94 million if all options are exercised.
The funds in the deal are for long lead time materials and major equipment in support of the new vessel, including main propulsion and navigation systems, generators, electrical...
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