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NORTHROP GRUMMAN CORPORATION

(NOC)
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Northrop Grumman : Signs Cooperative Agreements with Korean Aerospace and Defense Industry Leaders for JSTARS-K

10/19/2021 | 09:41pm EST

SEOUL - Oct. 19, 2021 - Northrop Grumman Corporation (NYSE: NOC) signed cooperative agreements with LIG Nex1 and Huneed as the company develops its Joint Surveillance Target Attack Radar System - Korea (JSTARS-K) solution for the Republic of Korea's Joint Moving Target Surveillance and Control Aircraft (JMTSCA) requirement.

Northrop Grumman's JSTARS-K will leverage the company's 30+ years of BMC2 mission domain expertise as a prime systems integrator combined with the G550 platform. Cooperative agreements with Korean aerospace and defense businesses will enhance interoperability with existing Republic of Korea systems.

The cooperative agreements are memoranda of understanding to deliver airborne battle management command and control (BMC2). Northrop Grumman is bringing its expertise in advanced technology, software, prime systems integration, advanced sensors and mission domain to deliver a low risk airborne BMC2 capability. Northrop Grumman's JSTARS-K will incorporate the unique capabilities and talents of each cooperative organization to deliver the best value solution.

"Northrop Grumman has more than 30 years of leadership in advanced airborne BMC2 capability and mission expertise; we have continued to develop and deliver new technologies to outpace evolving threats," said Janice Zilch, vice president, multi-domain command and control programs, Northrop Grumman. "With these cooperative agreements, we will deliver industry-leading capability powered with local content and talent to the Republic of Korea."

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.

Disclaimer

Northrop Grumman Corporation published this content on 20 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 October 2021 01:40:04 UTC.


© Publicnow 2021
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Sales 2021 36 060 M - -
Net income 2021 5 244 M - -
Net Debt 2021 8 285 M - -
P/E ratio 2021 10,9x
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