Northrop Wins Postal Bioterror Contract
From Bloomberg News
Northrop Grumman Corp. received a $175-million, 10-month contract from the Postal Service to make systems that analyze mail for biological threats.
The devices will test air samples at mail-sorting facilities nationwide for anthrax spores and other biological agents, the Century City-based company said. Northrop will serve as prime contractor using technology for testing air samples developed by Sunnyvale, Calif.-based Cepheid Inc.
Northrop’s shares fell $2.21 to $88.69 on the NYSE.
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