Northrop Lands Part of Army IT Deal

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Northrop Grumman Corp. said Thursday that its information technology sector has secured part of a nine-year $20 billion information technology contract from the U.S. Army.


Under the contract, the Los Angeles-based defense contractor will provide a range of IT services to the Army for command, control and communications functions. Northrop was one of 16 contractors that won awards under the contract. No financial terms were disclosed.


Shares in Northrop were up 2 cents to $76.95. in afternoon trading Thursday on the New York Stock Exchange.

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