Northrop Wins Two Defense Contracts

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Northrop Grumman Corp. has received two defense contracts this week totaling more than $111 million.

The Pentagon said late Wednesday that it had given the Los Angeles-based defense contractor a $73.1 million contract to develop and supply a radar fire control system for the Defense Logistics Agency, a Department of Defense agency which provides supplies and services to all four branches of the military.

The Air Force said separately that that it awarded a $38.3 million contract for work on space equipment, supporting a spacecraft made by Northrop’s space division.

Shares of Northrop were down $1.26, or 2 percent, to $55.60 in morning trading on the New York Stock Exchange.

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