Northrop Grumman & ERG Pursue Washington Contract

Australia's ERG, Northrop Grumman IT To Pursue US Deals



10-03-02 11:38 PM EST

PERTH -(Dow Jones)- ERG Ltd. (A.ERG), an Australian smart-card company, said Friday it will team with Northrop Grumman Information Technology to pursue opportunities in the U.S. transit market.

The pair are bidding together for a contract for the Washington Metropolitan Area Transit Authority's regional customer service center.

The contract calls for the establishment and operation of a smart-card customer service center and the clearing and settling of smart-card transactions across all transit agencies in the North Virginia, Maryland and Washington DC areas.

ERG noted that Northrop Grumman IT's parent, Northrop Grumman Corp.(NYSE:NOC) (NOC), is one of the largest private sector employers in Maryland and Virginia.

A company spokesman told Dow Jones Newswires it is "significant that they went with us...in their own home market."

The assignment of the Washington contract is expected before the end of 2002, he said.


-By Helen Ubels, Dow Jones Newswires;
61-2-8235-2950; [email protected]
(This story was originally published by Dow Jones Newswires)
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