Northrop fends off Lockheed to win $490 million Air Force training contract

Northrop Grumman Corp. has fended off a rival bid from Lockheed Martin Corp. to win a training-simulation contract potentially worth $490 million to support the U.S. Air Force's next-generation air-combat virtual-training network, industry experts said Wednesday. Virginia-based Northrop Grumman — one of Florida's largest defense contractors — will perform the work at its Orlando military-training operation, according to an announcement by the Department of Defense.

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