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Northrop Gets Additional $574M For Army Contract

U.S. Army is giving defense contractor an additional $574 million to provide installation kits, cable and other related hardware for a situational awareness program.

RESTON, Va. (AP) -- The U.S. Army is giving Northrop Grumman Corp. an additional $574 million for work on a system that offers soldiers in Iraq and Afghanistan situational awareness, the company said Monday.

The defense contractor will provide installation kits, cable and other related hardware for the Army's Force XXI Battle Command Brigade and Below program.

The recent award brings the total value of Northrop's six-year contract to $908 million. The contract is set to expire in March 2011.

Shares of the Los Angeles-based company fell 38 cents to $44.05 in late morning trading