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NORTHROP GRUMMAN CORPORATION

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Northrop Grumman : Selected for US Army Stryker Vehicle High Energy Laser Initiative

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08/02/2019 | 01:35pm EDT

HUNTSVILLE, Ala. - Aug. 2, 2019 - Northrop Grumman Corporation (NYSE: NOC) has been awarded a contract for the U.S. Army Maneuver Short Range Air Defense (M-SHORAD) directed energy prototyping initiative. The initiative includes integrating a directed energy weapon system on a Stryker vehicle as a pathfinding effort toward the U.S. Army M-SHORAD objective to provide more comprehensive protection of frontline combat units.

Northrop Grumman has been selected to develop and integrate a directed energy prototype solution on a Stryker combat vehicle for the U.S. Army to better protect highly mobile frontline units. The effort will culminate in a competitive performance checkout leading into a range demonstration that informs Maneuver Short Range Air Defense (M-SHORAD) requirements.

'Northrop Grumman is eager to leverage its portfolio of innovative, proven technologies and integration expertise to accelerate delivery of next-generation protection to our maneuver forces,' said Dan Verwiel, vice president and general manager, missile defense and protective systems, Northrop Grumman. 'Our flexible, open systems approach offers an end-to-end solution for the Army's growing and ever-changing mission requirements in today's complex threat environment.'

Under the initiative from the Rapid Capabilities and Critical Technologies Office and a contract from Kord Technologies, Northrop Grumman will build and integrate a suite of advanced sensors; target acquisition and tracking; a 50-kilowatt class laser system; and battle-tested command-and-control on an Army Stryker combat vehicle. The effort will culminate in a competitive performance checkout leading into a range demonstration that informs M-SHORAD requirements.

The directed energy M-SHORAD prototypes are part of the progression of an Army technology maturation initiative known as the Multi-Mission High Energy Laser (MMHEL).

The integrated platform allows early involvement with warfighter users to develop tactics, techniques, procedures and concepts of operations for future high energy laser weapons.

The Army's future M-SHORAD protection for forward-deployed soldiers includes laser weapon systems as an effective complement to kinetic capabilities in countering rockets, artillery and mortars; unmanned aircraft systems; and other aerial threats.

The M-SHORAD directed energy prototyping initiative is managed by the U.S. Army Rapid Capabilities and Critical Technologies Office, Redstone Arsenal, Alabama.

Northrop Grumman is a leading global security company providing innovative systems, products and solutions in autonomous systems, cyber, C4ISR, space, strike, and logistics and modernization to customers worldwide. Please visit news.northropgrumman.com and follow us on Twitter, @NGCNews, for more information.

Disclaimer

Northrop Grumman Corporation published this content on 02 August 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 August 2019 17:34:03 UTC

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Financials (USD)
Sales 2019 34 047 M
EBIT 2019 3 743 M
Net income 2019 3 339 M
Debt 2019 11 233 M
Yield 2019 1,40%
P/E ratio 2019 18,9x
P/E ratio 2020 16,5x
EV / Sales2019 2,18x
EV / Sales2020 2,03x
Capitalization 62 945 M
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