Northrop Grumman Wins Korean Navy Hovercraft Deal

Northrop Grumman Corporation won a contract from General Marine Business Inc. Korea (GMB) to supply an integrated cockpit navigation and control system for the Republic of Korea Navy’s new LSF-II program, a high-speed hovercraft landing ship. The firm fixed-price commercial contract, valued at $5.6 million, for the delivery of the first two craft in 2006, was awarded to Northrop Grumman’s Sperry Marine business unit.