Article: NORTHROP GRUMMAN: Georgia completes financing for Northrop Grumman air traffic control system.

M2 PRESSWIRE-29 March 1999-NORTHROP GRUMMAN: Georgia completes financing arrangements for Northrop Grumman air traffic control system (C)1994-99 M2 COMMUNICATIONS LTD

RDATE:250399

Financial arrangements have been completed for the Georgia (formerly the Republic of Georgia) air traffic management system that will be provided by Northrop Grumman Corporation (NYSE: NOC), it was announced today.

The Export-Import Bank of the United States made financing for the program possible by a loan guarantee. This is the first such loan guarantee granted by the Ex-Im Bank based on the commitment of incremental revenues generated by air traffic overflight ...

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