Azul Airlines Wins Court Approval for $2 Billion Debt Restructuring and New Capital Raise 
Coca-Cola’s Proposed Sale of Costa Coffee Faces Uncertainty Amid Price Dispute 
iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures 
CMOC to Acquire Equinox Gold’s Brazilian Mines in $1 Billion Deal to Expand Precious Metals Portfolio 
Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership 
Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges 
Shell M&A Chief Exits After BP Takeover Proposal Rejected 
FAA Unveils Flight Plan 2026 to Strengthen Aviation Safety and Workforce Development 
Trump Sues BBC for Defamation Over Edited Capitol Riot Speech Clip 
SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market 
United Airlines Tokyo-Bound Flight Returns to Dulles After Engine Failure 
Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand 
Air Force One Delivery Delayed to 2028 as Boeing Faces Rising Costs 
Coca-Cola’s Costa Coffee Sale Faces Uncertainty as Talks With TDR Capital Hit Snag 
Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform 
EU Signals Major Shift on 2035 Combustion Engine Ban Amid Auto Industry Pressure 
Strategy Retains Nasdaq 100 Spot Amid Growing Scrutiny of Bitcoin Treasury Model 
CHARLOTTESVILLE, Va., Dec. 15, 2015 (GLOBE NEWSWIRE) -- The U.S. Navy has awarded Northrop Grumman Corporation (NYSE:NOC) a base year contract valued at $19.8 million, with a total potential value of $47.8 million over five years, to develop the replacement inertial navigation system (INS-R) deployed on most Navy combat and support ships.
INS-R supports the new Navy Assured Positioning Navigation and Timing (A-PNT) architecture being developed by the Navy which provides increased navigation accuracy in challenging maritime combat environments. All Navy ships and submarines will require this level of navigation accuracy and weapon systems alignment data.
"The INS-R will be the foundation of the assured position, navigation and timing suite for virtually all Navy ships," said Todd Leavitt, vice president, maritime systems business unit, Northrop Grumman. "Our inertial navigation system will provide very accurate position and attitude information for the Navy's combat and support ships to help them accomplish their demanding missions."
Fiber optic gyro sensor development will take place at multiple Northrop Grumman facilities, while integration into the inertial measuring unit and incorporation of the navigation algorithms will be carried out in Charlottesville. The Charlottesville campus currently provides the WSN-7 INS, predecessor to the INS-R, which has been supporting the Navy for more than 20 years.
Northrop Grumman is a leading global security company providing innovative systems, products and solutions in unmanned systems, cyber, C4ISR, and logistics and modernization to government and commercial customers worldwide. Please visit www.northropgrumman.com for more information.
CONTACT: Fernando Catta-Preta
434-974-2736 (office)
434-242-9283 (mobile)
[email protected]
