Northrop Grumman and Raytheon Technologies Team Complete Next Generation Interceptor System Requirements Review

Rhea-AI Summary

The Northrop Grumman and Raytheon Technologies team has successfully completed its System Requirements Review (SRR) for the Next Generation Interceptor (NGI) program, receiving approval from the Missile Defense Agency (MDA) ahead of schedule. The team will now advance to initial system design and critical component qualification activities. This marks a significant step in developing a new homeland defense interceptor aimed at countering long-range missile threats. The experience from two decades on the Ground-Based Interceptor program will be leveraged to ensure the NGI's delivery.

Positive

• Completion of System Requirements Review (SRR) ahead of schedule.
• Approval from the Missile Defense Agency (MDA).
• Advancement to initial system design and critical component qualification.
• Leverage of extensive experience from the Ground-Based Interceptor program.

Negative

• None.

HUNTSVILLE, Ala., Dec. 20, 2021 (GLOBE NEWSWIRE) -- The Northrop Grumman Corporation (NYSE: NOC) and Raytheon Technologies Next Generation Interceptor (NGI) team has completed its System Requirements Review (SRR) and is proceeding with initial system design, further risk reduction testing, and critical component qualification activities.

The Missile Defense Agency (MDA) approved the SRR, which was completed ahead of schedule, and is the first major technical review for the Northrop Grumman and Raytheon Technologies NGI homeland defense interceptor program. This achievement comes after Northrop Grumman and Raytheon Technologies demonstrated its NGI Common Software Factory, which enables rapid development, integration and delivery in a DevSecOps environment.

“We’re leveraging our two decades of performance on the current Ground-Based Interceptor (GBI),” said Scott Lehr, vice president and general manager, launch and missile defense systems, Northrop Grumman. “With our combined workforce, extensive expertise and state-of-the-art facilities, we will deliver a highly capable new interceptor that will protect our nation against long-range missile threats for decades to come.”

The Northrop Grumman and Raytheon Technologies team is leveraging high-fidelity model-based systems engineering, and hardware manufacturing in customer-certified facilities. The team is also conducting internally-funded risk reduction hardware development and testing to ensure deployment of NGI in the rapid timeline the nation requires.

“Raytheon is the nation’s provider of kill vehicle payloads that maneuver in space to destroy missile threats, with 47 successful exo-atmospheric intercepts achieved to date,” said Tay Fitzgerald, vice president of Strategic Missile Defense, Raytheon Missiles & Defense. “Our digital system design approach gives us high confidence in our solution going into the preliminary design review.”

The Northrop Grumman-led NGI team brings flight-proven missile defense experience to the NGI program, including expertise in: ground systems, battle management, command and control, interceptor boost vehicles, kill vehicles, agile processes and certified manufacturing capabilities. The team is committed to delivering a highly capable, affordable and low-risk NGI solution that meets the customer’s schedule and mission requirements.

About Raytheon Missiles & Defense

Raytheon Missiles & Defense brings global customers the most advanced end-to-end solutions delivering the advantage of one innovative partner to detect, track, and intercept threats. With a broad portfolio of air and missile defense systems, precision weapons, radars, command and control systems and advanced defense technologies. Raytheon Missiles & Defense solutions protect citizens, warfighters and infrastructure in more than fifty countries around the world.

About Northrop Grumman

Northrop Grumman is a technology company, focused on global security and human discovery. Our pioneering solutions equip our customers with capabilities they need to connect, advance and protect the U.S. and its allies. Driven by a shared purpose to solve our customers’ toughest problems, our 90,000 employees define possible every day.

The views expressed are those of the NG/Raytheon Company and do not constitute an endorsement by the Missile Defense Agency (MDA).

Northrop Grumman Contact:	Raytheon Missiles & Defense Contact:
Trina Patterson	Jackie Gutmann
801-699-0943	781-879-2789
trina.patterson@ngc.com	rmdpr@rtx.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6c8c4cc8-4d81-4f3a-8019-c92cd33dd334

FAQ

What is the significance of the System Requirements Review (SRR) completed by Northrop Grumman and Raytheon Technologies for NOC?

The SRR completion indicates that the Next Generation Interceptor (NGI) program is moving forward successfully, having received approval from the Missile Defense Agency ahead of schedule, crucial for the program’s timeline.

How does the NGI program impact Northrop Grumman's stock (NOC)?

The advancement of the NGI program can positively influence Northrop Grumman's stock by showcasing its capability to fulfill major defense contracts efficiently and effectively.

Who approved the SRR for the NGI program involving Northrop Grumman (NOC)?

The Missile Defense Agency (MDA) approved the System Requirements Review for the NGI program.

What previous experience is Northrop Grumman leveraging for the NGI program?

Northrop Grumman is leveraging two decades of performance from the Ground-Based Interceptor program to enhance the NGI’s development.