June 6 (UPI) -- Northrop Grumman has been awarded a contract by the Defense Department for one E-2D Advanced Hawkeye Aircraft for the government of Japan.
The contract, from Naval Air Systems Command and announced on Tuesday, is valued at more than $153.2 million under the terms of a fixed-price-incentive, firm-target contract enables Northrop Grumman to provide one Japan configuration E-2D Advanced Hawkeye Aircraft, according to the Pentagon.
The E-2D Advanced Hawkeye is an all-weather, tactical airborne early warning aircraft that is capable of deploying from an aircraft carrier.
Work on the contract will occur at locations across the United States, as well as in France, and is expected to be complete in March 2020.
The total cumulative value of the contract will be obligated to Northrop Grumman at the time of award from foreign military sales funds.
None of the obligated funds will expire at the end of the current fiscal year in September, the Pentagon said.