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Stock impact report

Northrop Grumman Unveils the Next Generation of Bushmaster® Chain Gun®

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: GlobeNewswire
PLYMOUTH, Minn., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC), a leading manufacturer of medium-caliber cannons, is introducing its next-generation M230 Link Fed (M230LF) Dual Feed Bushmaster® Chain Gun®, offering two ammunition feed paths for the first time. This new 30x113mm medium caliber chain gun is a proven variant of the M230LF chain gun to counter uncrewed aerial threats (C-UAS) and ground engagements. By offering a dual feed, the need for mixed ammunition belts in a single feed is eliminated.The ability to switch between two kinds of ammunition is now possible. A standard recommended ammunition load includes XM1211 proximity fuzed rounds for C-UAS and XM1198 high explosive, dual purpose rounds for anti-armor capability.The M230LF is currently at Technology Readiness Level 6. Meeting this threshold enables the capability to undergo live fire demonstrations that are currently scheduled for early 2025. Northrop Grumman’s M230LF Dual Fee Show less Read more
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