BETHPAGE, N.Y., Sept. 29, 2008 — The U.S. Navy has ordered a fourth lot of Northrop Grumman Corporation (NYSE:NOC) Improved Capability (ICAP) III airborne electronic attack systems for its fleet of EA-6B Prowlers under a firm, fixed-price, 31-month contract potentially valued at more than $125 million. This order is for nine complete systems, plus associated parts and spares. The first kit will be delivered in the third quarter of 2010.
To date, Northrop Grumman has delivered two lots of kits to modify the Navy’s Prowlers with the new ICAP III system. Northrop Grumman is currently on contract to build and deliver the third lot of seven kits plus associated parts and spares. The Lot 3 and Lot 4 kits will outfit U. S. Marine Corps Prowlers based at Marine Corps Air Station Cherry Point, North Carolina.