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Northrop (NYSE:NOC) and (NYSE:LMT) each received $10 million (NYSE:RTN) received a contract worth a little morethan $9.9 The contracts were awarderd Friday by the Naval Sea Systems Command. Work undeer the contract will be performedf byLockheed Martin’s Maritime Systemw and Sensors unit in Moorestown, N.J.; Northrop’s Electronif Systems unit in Linthicum, Md.; and Raytheon’s Integrated Defens e Systems in Sudbury, The work involves the Air and Missile Defense Radad System, which contains an S-band system, an X-band systemk and a control system. The companies are bein asked to provide concept studiea forthe S-band and control systems.
Basefd on their concept studies, the Navy likely will choos e one of the three companies to builxthe system, said Kenneth Ross, a spokesman for Lockhee d Martin MS2.
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