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Explain this story: Northrop Grumman Wins $18.8 Million US Army Contract to Advance Counter-Unmanned Aircraft Missile Technology
Northrop Grumman has secured an $18.8 million contract from the U.S. Army to further develop counter-unmanned aircraft missile technology. This contract reinforces Northrop Grumman's role in defense systems, specifically in missile technology, a significant component of its defense systems business segment. The announcement comes amidst other news related to the company, including analyst price target adjustments and new contract awards.
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Northrop Grumman has secured an $18.8 million contract from the U.S. Army to further develop counter-unmanned aircraft missile technology. This contract reinforces Northrop Grumman's role in defense systems, specifically in missile technology, a significant component of its defense systems business segment. The announcement comes amidst other news related to the company, including analyst price target adjustments and new contract awards.
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Published Sep 29, 2026, 11:14 ET · on this site +1h 34m