(NSI News Source Info) CLIFTON, N.J.- July 17, 2010: The team of ITT Corporation (NYSE: ITT - News) and The Boeing Company (NYSE: BA - News) today announced an award of $42 million from the Naval Air Systems Command (NAVAIR) to proceed to the Technology Maturation stage of the Next Generation Jammer program, designed to be the world’s most sophisticated airborne electronic attack system.
The program, valued at over $2 billion, will replace the current inventory of aging ALQ-99 jamming pods on the Navy’s newest airborne electronic attack aircraft, the Boeing EA-18G Growler. The Next Generation Jammer pod will also be a stepping stone to an F-35, Joint Strike Fighter, Electronic Attack capability.
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