Northrop Grumman to Bid on Los Alamos National Laboratory Management Contract
MCLEAN, Va., April 25 /PRNewswire-FirstCall/ -- Northrop Grumman
Corporation (NYSE: NOC) will leverage its expertise in advanced technology and
large-scale program management to bid on the contract to manage Los Alamos
National Laboratory. The seven-year agreement is potentially worth
$2.2 billion per year. Extensions of up to 13 years could increase the total
value of the program to $44 billion over 20 years.