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Tag Archives: Northrop Grumman

July 30 Market Close: GovCon Index Drops, US Stocks Stuck in Neutral

GovConIndexDOWN

The GovCon Index lost some ground from a two-point rise in the previous two trading days to record a decline of 0.556 points and close at 76.036 Thursday. Intelsat (NYSE: I) led all Index gainers at 26 percent after the Luxembourg-based satellite services company reported a second-quarter profit of $60.2 million ...

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State Dept OKs $335M Aircraft IR Countermeasure Sale to UAE

State Department

The State Department has approved a potential $335 million foreign military sale of AN/AAQ 24(V) directional infrared countermeasure systems for the United Arab Emirates’ head of state aircraft. The Defense Security Cooperation Agency said Wednesday that UAE ordered four airborne DIRCMs and a total of 60 small laser transmitter assemblies, ...

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July 29 Market Close: GovCon Index Extends Climb, US Stocks Move Up After Fed Reports Economic Improvement

GovConIndexUP

The GovCon Index gained at least a full point for the second consecutive trading session Wednesday with a gain of 1.949 percent — or 1.464 points — to close at 76.592. General Dynamics (NYSE: GD) and Northrop Grumman (NYSE: NOC) both posted second quarter results that beat Wall Street expectations, Bloomberg reported. ...

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NASA Taps 13 Companies for Aerospace Research at Glenn Center

research-and-development-RD

NASA has selected 13 companies to support aerospace research and provide propulsion and communications systems to the Glenn Research Center in Ohio under five-year contracts with a maximum value of $190 million. The space agency said Wednesday awardees will work to develop, verify and demonstrate communications, propulsion, structures and materials technology for space ...

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July 28 Market Close: GovCon Index Rides 3-Digit Dow Rally, Energy Leads US Stock Gains

GovConIndexUP

The GovCon Index snapped a five-day streak of losses Tuesday with a rebound of 1.244 percent to close at 75.127 on a day that saw the major U.S. stock indices record gains of nearly similar margins. Energy shares were the largest gainers in the S&P 500 at a 3-percent jump for ...

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Northrop Demos Fifth-Generation C4ISR Technology

northrop Grumman_BLUE

TYSONS CORNER, VA July 27, 2015 — Northrop Grumman (NYSE: NOC) hosted media representatives at its Center for Innovative Solutions last week to showcase the company’s latest in C4ISR mission platforms and sensors for undersea, cyberspace and outer space operations, ExecutiveBiz reported Friday. Northrop said the Thursday event took guests ...

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Northrop Appoints Bruce Walker VP for Homeland Security, Civil, Regulatory & Intl Affairs

Bruce Walker

Bruce Walker, an information technology executive who has worked on Northrop Grumman‘s (NYSE: NOC) homeland security programs, will assume the role of vice president for homeland security, civil, regulatory and international affairs. The company said Friday Walker will report to Sid Ashworth, corporate vice president for government relations. “Bruce will be responsible ...

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Harris Receives $15 Million Contract to Provide Acoustic Sensors

HARRIS

Harris Corp. announced Wednesday  it received a $15 million, 4 year follow-on contract to provide acoustic sensors for installation on the U.S. Navy’s Virginia-class submarines. The sensors are designed to facilitate data sharing between the LWWAA system and the submarine’s combat platform for monitoring of ships and other vessels. Jim Brunelle, director of undersea ...

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Northrop, Lockheed, TCS Finish Information Assurance CDR for AEHF Low Cost Terminals

Satellite

TYSONS CORNER, VA July 23, 2015 — The defense contractor team of Northrop Grumman (NYSE: NOC), Lockheed Martin (NYSE: LMT) and TeleCommunication Systems (Nasdaq: TSYS) has concluded the critical design review for the information assurance elements of the Low Cost Terminal project, ExecutiveBiz reported Wednesday. Northrop said CDR completion signals ...

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Northrop Lands Mine Hunter Contract for Navy Helicopter Deployment

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TYSONS CORNER, VA July 21, 2015 — The Naval Sea Systems Command has contracted Northrop Grumman (NYSE: NOC) to develop, fabricate, test and produce AN/AQS-24C mine hunting sonar systems for use on the MH-53E Sea Dragon helicopter, ExecutiveBiz reported Monday. Majority of the work on the $14.8 million cost-plus-fixed-fee, firm-fixed-price ...

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