Northrop Grumman gets Army service contract
MCLEAN, Va.—Defense contractor Northrop Grumman Corp. said Wednesday that it has received a contract potentially worth up to $249.8 million from the Army for private cloud computing services.
Cloud computing allows workers to fetch computer programs and key documents stored remotely on any device with an Internet connection.
The contract has a one year base with four one-year options.
Northrop Grumman will be responsible for providing cloud computing consulting services, information assurance, application migration support, cloud operations and maintenance, service delivery and support and provisioning of fixed data center solutions to Army customers and other federal and Defense Department agencies.
Northrop Grumman's stock shed 4 cents to $61.47 in afternoon trading amid a broad market decline.