Northrop Wins $106M For AF Comm Payloads

Northrop Grumman (NYSE: NOC) has won a $106,364,282 contract modification to continue operating communications payloads for U.S. Air Force manned and unmanned aerial vehicles. The Defense Department said Thursday three Battlefield Airborne Communications Node payloads will continue operating on the Global Express BD-700 and three Global Hawk drones. Work under the cost-plus-fixed-fee contract will...

Northrop Elects Former CNO Gary Roughead to Board of Directors

Gary Roughead Northrop Grumman Corp. (NYSE: NOC) has elected retired Navy Adm. Gary Roughead to Northrop’s board of directors, Northrop announced Thursday. Roughead’s election increases the company’s number of directors to 13, 12 of which are nonemployee directors. The 38-year Navy veteran served as the 29th chief of naval operations from 2007 to 2011. Roughead is one of only two...

Northrop Wins $103M Natl. Guard Training Support Contract

Northrop Grumman Corp. (NYSE: NOC) has won a potential $103 million contract from the U.S. Interior Department to support Army National Guard training programs. Northrop said the contract has one base year and two one-year options. Northrop will provide mission command systems training and mission rehearsal at Fort Leavenworth, Kan., Camp Dodge, Iowa, and Fort Indiantown Gap, Penn. Tom Vice, president...

Navy Picks Date to Award $690M SPAWAR Network Contract

The U.S. Navy‘s Space and Naval Warfare Systems Command will award a $690 million contract for shipboard networks on Feb. 1, NextGov reports. At a Jan. 25 conference in San Diego, where SPAWAR is based, Capt. D.J. LeGoff said either Lockheed Martin Corp. (NYSE: LMT) or Northrop Grumman Corp. (NYSE: NOC) will win the contract. Lockheed and Northrop were previously contracted to create prototypes...

Northrop Promotes Infrastructure, IT Vet to Lead C3I Systems

Northrop Grumman Corp. (NYSE: NOC) has appointed Pat Camacho vice president of integrated command, control, communications and intelligence systems, the company announced Thursday. Northrop said the 32-year company veteran will lead the defense systems business unit for net-centric operational command and control systems. He will report to Mike Twyman, vice president and general manager of Northrop’s...

Northrop Awarded $69M to Complete Navy ADM Project

Northrop Grumman Corp. (NYSE: NOC) has been awarded follow-on and additional task order contracts totaling $69 million from the U.S. Navy’s Office of Naval Research for the Navy’s Integrated Topside program. Northrop reported the $66 million option award for the first contract will fund the continued development and integration of an Advanced Development Model, which aids in electronic...

Northrop Grumman Latest Firm on DOJ IT Project

Northrop Grumman (NYSE:NOC) won a spot on the Department of Justice’s ID/IQ contract for IT solutions. The work will continue to modernize and secure the department’s information systems while delivering more cost-effective and efficient IT operations. According to the firm, “Northrop Grumman is one of 20 companies selected to compete for task order awards under the Information Technology...

Northrop Grumman Moves Forward with $372 Million Stealth Bomber Deal

Northrop Grumman (NYSE:NOC) is working on an antenna system that will “enable the B-2 Spirit stealth bomber to send and receive battlefield information securely by satellite up to 100 times faster than it can today.” The deal, awarded by the Air Force is valued at $372 million. “Our work on the EHF antenna system takes full advantage of Northrop Grumman’s expertise not only...

Northrop Grumman Wins Army Work

According to the Department of Defense, “Northrop Grumman (NYSE: NOC) was awarded a $16,732,693 firm-fixed-price contract.  The award will provide for the procurement of vehicle intercom communication, vehicle testing, ten percent spares, and a contractor-provided field service representative for the Saudi Arabian National Guard.  Work will be performed in Linthicum Heights, Md., with an estimated...

Northrop Grumman Enters $1 Billion Deal with Goldman Sachs

Northrop Grumman (NYSE: NOC) announced that it has entered into a $1 billion accelerated share repurchase agreement with Goldman, Sachs & Co. “This transaction will immediately reduce outstanding shares by approximately five percent and demonstrates our continued commitment to value creation through effective cash deployment,” CEO Wes Bush said. “Upon completion of the repurchase...