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State Dept OKs Germany’s $2.5B Request for Northrop MQ-4C Triton Drones

The State Department has given Germany the green light to procure four Northrop Grumman-built (NYSE: NOC) MQ-4C Triton unmanned aircraft systems from the U.S. government through a potential $2.5 billion foreign military sales agreement. Northrop and Airbus’ defense and space business will serve as prime contractors in the proposed FMS …

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Northrop Vet Michael King Named Peraton Chief Growth Officer; Stu Shea Comments

Michael King, formerly vice president of business development at Northrop Grumman’s (NYSE: NOC) cyber and intelligence mission solutions division, has joined Peraton as chief growth officer. King will oversee business development, capture, mergers and acquisitions, customer engagement, strategic pricing, proposals and other components of the Herndon, Virginia-based government technology services …

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Northrop Vet Tom Vice Named Aerion President, COO

Tom Vice, formerly president of aerospace systems sector at Northrop Grumman (NYSE: NOC), has joined Reno, Nevada-based Aerion Supersonic as president and chief operating officer. Vice will report to Brian Barents, Aerion chairman and CEO, and oversee the development, certification and delivery of the firm’s AS2 supersonic aircraft, the company …

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Northrop to Develop Ballistic Missile Defense Discrimination Algorithms Under $475M MDA Contract

Northrop Grumman (NYSE: NOC) has received a potential five-year, $475 million  contract from the Missile Defense Agency to develop, integrate, test and field advanced discrimination algorithms for the Ballistic Missile Defense Systems program. The Defense Department said Monday Northrop’s systems business will also help MDA  operate and sustain complex methods and tools used to …

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Northrop Lands $95M DHS Biometric Recognition System Devt Contract

Northrop Grumman (NYSE: NOC) has secured a potential 42-month, $95 million contract to develop a biometric identification platform for the Department of Homeland Security. The company said Monday it will develop the first and second increments of the Homeland Advanced Recognition Technology and provide systems integration support under the contract …

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Pamela Drew Joins Serco’s US Board; Dave Dacquino Comments

Pamela Drew, formerly executive vice president and president of information systems business at Harris’ (NYSE: HRS) Exelis subsidiary, has joined the board of directors of Serco’s North American arm. Serco Inc. Chairman and CEO Dave Dacquino said in a statement released Thursday Drew’s track record in new business pursuit and capture will …

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Air Force Begins GPS III Phase 2 Production Contract Solicitation

The U.S. Air Force has issued a request for proposals for the second phase of a program that seeks to procure 22 GPS III satellites. A FedBizOpps notice posted Tuesday says the service will award a fixed-price-incentive contract to build the GPS III space vehicles and expects production work to …

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European Commission OKs Northrop’s Orbital ATK Purchase

The European Commission has approved a deal for Northrop Grumman (NYSE: NOC) to acquire Orbital ATK (NYSE: OA) for approximately $9.2 billion. Northrop said Monday it continues to support the Federal Trade Commission in its effort to evaluate the transaction. The European Commission’s decision came nearly a month after Kathy Warden, …

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Report: Defense Companies Plan Capital Expenditures Amid Rise in DoD Contracts

Some contractors have expressed plans to increase their investments in production capacity and facilities in fiscal year 2018 and in the next few years as the Defense Department starts to ramp up contract obligations, USNI News reported Wednesday. Jason Aiken, chief financial officer at General Dynamics (NYSE: GD), told analysts …

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Kathy Warden: Northrop to Form Innovation Systems Unit After Orbital ATK Purchase

Kathy Warden, president and chief operating officer at Northrop Grumman (NYSE: NOC), has said the company will establish a new business sector once the Falls Church, Virginia-based defense contractor completes the $9.2 billion purchase of Orbital ATK (NYSE: OA), Inside Defense reported Thursday. Warden told analysts Thursday that Blake Larson, COO …

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