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Tag Archives: noc

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 ...

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Northrop Elects Former CNO Gary Roughead to Board of Directors

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 ...

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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., ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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