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02:41 PM, August 16, 2013
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Northrop Grumman has won a contract by the U.S. Navy for the production of acoustic nose arrays for the MK54 lightweight torpedo.

The initial scope is for 428 nose arrays with a potential for as many as 3,000 over the life of the contract, in support of Navy and foreign military sales requirements.

The $45.9 million firm-fixed-price, cost-plus contract includes options that, if exercised, would bring the cumulative value of the contract to $294.3 million.

This contract includes MK54 torpedo nose arrays for the U.S. Navy, the Royal Australian Navy and the Indian Navy.

"This contract represents the continuation of our proud torpedo heritage that dates back to World War II," said Tom Jones, vice president of Northrop Grumman's Undersea Systems business unit.

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