Northrop Grumman's strategic deterrent deal gets $111.4M boost

* Northrop Grumman's (NOC [https://seekingalpha.com/symbol/NOC]) system unit announced on Friday that it received a ~$111.4M contract modification [https://www.war.gov/News/Contracts/Contract/Article/4612013/contracts-for-sept-25-2026/] for the Ground-Based Strategic Deterrent engineering, manufacturing, and early production program. * The modification now brings the contract’s total value to $13.47B. * Moreover, the work will be performed in New Jersey and North Carolina and is expected to continue through Dec. 31, 2033. * The full $111.4M is being obligated through fiscal 2025 missile procurement funds. * The Air Force Nuclear Weapons Center is the contracting activity.