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NORTHROP GRUMMAN CORPORATION

(NOC)
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Northrop Grumman Australia Teams with Inmarsat for Australia's Future Sovereign Satellite Capability

11/23/2021 | 10:13am EST

CANBERRA, Australia - Northrop Grumman Australia (NYSE: NOC) will partner with Inmarsat to develop an agile, resilient and sovereign satellite communications capability to support the future joint force and protect Australia's strategic interests in response to the JP9102 Australian Defence Satellite Communication System project.

Under JP9102, the two companies will collaborate to deliver an Integrated Control Segment that provides the Commonwealth with flexibility across commercial and military SATCOM networks. The companies have already collaborated to deliver satellite communications capabilities through the HEOsat program, a collaborative program between the Government of Norway, the United States Air Force and Inmarsat, which will deliver broadband services to the Arctic region.

'As an established satellite communications provider to the ADF, we're proud to partner with Inmarsat and build on our shared history of developing global satellite communications networks,' said Christine Zeitz, general manager, Northrop Grumman Asia Pacific.

'Northrop Grumman is a true pioneer in space, providing world-leading capabilities in space mission and strategic deterrence solutions,' said Frank DeMauro, vice president and general manager, tactical space systems, Northrop Grumman. 'We will build on this foundation and our history of collaboration with Inmarsat to deliver a complex and agile network of satellite communications systems, combating emerging threats and supporting the Australian Defence Force (ADF) in the future battlespace.'

'Inmarsat is pleased to be partnering with Northrop Grumman Australia to meet the requirements of the Australian Defence Force,' said Rajeev Suri, chief executive officer of Inmarsat. 'Together, we provide the right balance of program delivery track record, access to advanced satellite system technology, protection against evolving threats, and sovereign assurance through long-term delivery for Australia, from Australia. Inmarsat brings highly complementary capabilities to Northrop Grumman's JP9102 proposal. Both companies have proven delivery capability as demonstrated on current ADF satellite programs.'

Northrop Grumman's end-to-end space expertise brings strategic capability from SATCOM, control systems, enterprise ground infrastructure and launch systems, backed by a legacy of expertise that began at the dawn of the space age.

Northrop Grumman is a technology company, focused on global security and human discovery. Our pioneering solutions equip our customers with capabilities they need to connect, advance and protect the U.S. and its allies. Driven by a shared purpose to solve our customers' toughest problems, our 90,000 employees define possible every day.

edia Contact

Lauren Gain

+61 409 193 600

lauren.gain@au.ngc.com

(C) 2021 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
GILAT TELECOM GLOBAL LTD -3.87% 0.596 End-of-day quote.10.78%
NORTHROP GRUMMAN CORPORATION 0.35% 398.81 Delayed Quote.2.67%
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Financials (USD)
Sales 2021 36 051 M - -
Net income 2021 5 240 M - -
Net Debt 2021 8 440 M - -
P/E ratio 2021 12,3x
Yield 2021 1,55%
Capitalization 63 226 M 63 226 M -
EV / Sales 2021 1,99x
EV / Sales 2022 1,93x
Nbr of Employees 97 000
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Kathy J. Warden Chairman, President & Chief Executive Officer
David F. Keffer Chief Financial Officer & Vice President
Richard Scott Stapp Chief Technology Officer
Carl Hahn Chief Compliance Officer & Vice President
Sang-IL Park Director-Corporate Investments
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