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Tag Archives: Global Hawk

Boeing & Northrop Boost 2016 Outlooks as General Dynamics Posts 3Q Earnings Beat

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Three of the world’s largest government contractors listed in both Executive Mosaic’s GovCon Index and the U.S. stock bellwether S&P 500 composite index released third quarter financial results before markets opened Wednesday. Boeing (NYSE: BA), General Dynamics (NYSE: GD) and Northrop Grumman (NYSE: NOC) all posted earnings per share figures …

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Northrop to Update Global Hawk Ground Segment Under Air Force Contract

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TYSONS CORNER, VA, Aug. 24, 2016 — Northrop Grumman (NYSE: NOC) has received a contract from the U.S. Air Force to update the ground control segment of the service branch’s Global Hawk unmanned aircraft systems, ExecutiveBiz reported Tuesday. The company said Monday it will provide a scalable cockpit architecture and new command-and-control tools and cybersecurity …

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Northrop Taps Raytheon for $104M Air Force Global Hawk Ground Control Modernization Subcontract

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Northrop Grumman  (NYSE: NOC) has awarded Raytheon (NYSE: RTN) a potential $104 million subcontract to update the ground controls of the U.S. Air Force’s RQ-4 Global Hawk unmanned aerial system. Raytheon will equip the mission control stations for the Northrop-built UAS with open architecture that will work to facilitate the addition …

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Boeing Cuts Earnings Outlook on 2Q Loss as GD & Northrop Lift Forecasts on Beats, Booz Allen & CGI Top Street Estimates

Money

Five government contractors listed in Executive Mosaic’s GovCon Index reported their latest quarterly financial results before U.S. markets opened Wednesday and all earnings per share figures fell above the consensus Wall Street forecast. Boeing (NYSE: BA) swung to a net loss for its second quarter and lowered its earnings forecast on …

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Northrop Lands $203M Option on Air Force Global Hawk Logistics, Sustainment Contract

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The U.S. Air Force has awarded Northrop Grumman (NYSE: NOC) a potential one-year, $203.5 million contract modification to continue to provide sustainment and logistics support for the service branch’s Global Hawk unmanned aerial systems. The company will supply additional materials and provide maintenance, planning and operations services to exercise an option …

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Northrop Lands $62M Option on Air Force Comms Payload Support Contract

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Northrop Grumman (NYSE: NOC) has received a $61.7 million contract modification to support battlefield airborne communication node technology for the U.S. Air Force. The modification exercises an option on a previously awarded contract for BACN payload operations and support services, the Defense Department said Thursday. BACN is designed to integrate with Northrop-built Global Hawk unmanned …

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A&D Tech Industry Vets Carl Johnson, Rebecca McGrane Join Norsk Titanium

Norsk Titanium logo

Aviation component manufacturer Norsk Titanium has named Carl Johnson as senior vice president of technology, engineering and quality and Rebecca McGrane as vice president and general manager of its technology center. Norsk Titanium said Monday Johnson, a veteran of Northrop Grumman (NYSE: NOC) for more than three decades; and McGrane, who spent 15 years at General Dynamics (NYSE: …

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Northrop, General Atomics to Share ND Runway With AF Under Joint Use Agreement

drone

TYSONS CORNER, VA, April 4, 2016 — Northrop Grumman (NYSE: NOC) and General Atomics will share a runway with the U.S. Air Force at the Grand Forks Air Force Base in North Dakota to test new unmanned aerial vehicles, ExecutiveBiz reported Friday. Sen. John Hoeven’s office (R-N.D.) reported Wednesday the Air Force inked a …

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Weekly Roundup Feb. 8 – Feb. 12 2016: Three 2016 Wash100 CEOs Whose Firms ‘Beat The Street’ & more

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Feb. 8 – Feb. 12 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Many reasons have been put forth as to why global financial markets continue to be in turmoil but this week showed there may be no end in sight to this period …

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Northrop Grumman’s Global Hawk UAV to Collect Weather Data for NOAA

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TYSONS CORNER, VA, February 9, 2016 — A Northrop Grumman (NYSE: NOC) unmanned aerial system will be used by the National Oceanic and Atmospheric Administration to further the study of El Nino and its effect on the Pacific Ocean’s temperature, ExecutiveBiz reported Monday. The company said Friday the Global Hawk UAV will work to provide …

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