Northrop lands MK54 torpedo deal from Navy

Aug. 15, 2013 at 1:36 PM
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ANNAPOLIS, Md., Aug. 15 (UPI) -- Northrop Grumman Corp. said it secured a U.S. Navy contract to provide acoustic nose arrays for lightweight torpedoes for U.S. and foreign military sales.

The company said it secured the Navy contract to supply the nose assembly for the MK54 lightweight torpedo. The contract includes nose arrays for use by the U.S. Navy and its Australian and Indian counterparts.

Northrop said it produced roughly 1,000 variants of the lightweight torpedo during a peak production era in the late 1980s and early 1990s.

"We are pleased to support the Navy's torpedo enterprise once again by providing this undersea warfare capability to the Navy and our international partners," Tom Jones, vice president for undersea systems, said in a statement Wednesday.

Northrop said the contract could be worth more than $290 million if all options are exercised. The statement did not indicate a delivery date.

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