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Northrop Grumman pushes for Australia to hasten Triton drone buy as U.S. eyes pause [Reuters]

Northrop Grumman Corporation (NOC) 
Last northrop grumman corporation earnings: 4/29 06:39 am Check Earnings Report
US:NYSE Investor Relations: investor.northropgrumman.com
Company Research Source: Reuters
Northrop Grumman pushes for Australia to hasten Triton drone buy as U.S. eyes pause SYDNEY, March 4 (Reuters) - Northrop Grumman Corp is pushing for Australia to acquire Triton maritime surveillance drones earlier than planned, after a draft U.S. defence budget proposed a two-year pause in production, the firm said on Wednesday. Australia is the only foreign customer for the remotely piloted aircraft, after Germany scrapped a plan in January to buy the Triton drones. The proposed pause provides options for Australia to buy the drones cheaper, and hasten opportunities for local suppliers, if it helps to fill the production gap, said Doug Shaffer, the vice president of the firm’s Triton programme. “The price is a significant savings to Australia,” he told reporters, but gave no further details. A spokesman for Australia’s defence department said it was aware of the budget request to the U.S. Congress and was discussing the impact of the proposed pause with the U.S. Navy and Northrop Gru Show less Read more
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