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Marine Log

December 12, 2006

Northrop Grumman to cooperate with aluminum boat builder

Northrop Grumman Corporation (NYSE:NOC) and Aluminum Chambered Boats, Inc. (ACB), Bellingham, Wash.have signed a memorandum of understanding to explore future combat system requirements and capabilities for the U.S. Navy's anticipated Riverine/Coastal Warfare program. The companies have also agreed to design and build a riverine craft technology demonstrator that will integrate Northrop Grumman's navigation, surveillance, network and command and control systems onboard an innovative, ACB-designed riverine-class hullform.

The companies also plan to pursue an emerging global market that is seeking similar capabilities.

"A primary aspect of the Riverine/Coastal Warfare program will be its concept of operations, which embodies distributed and networked operations and brings C4ISR into coastal operations and up river," says David Stafford, vice president of Maritime Systems for Northrop Grumman's Integrated Systems sector.

Larry Wieber, ACB founder and chief executive officer, said, "We are confident that this joint relationship will develop a new class of state-of-the-art, systems-integrated modular Riverine craft."

ACB president and chief operating officer Tim Metz said, "We are excited about working with Northrop Grumman on this project. ACB and Northrop Grumman share a similar vision: to provide those who are in harm's way with the best possible resources to keep them safe and help them accomplish their mission, whatever that may be. This is a major step in the continuing growth of ACB."

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