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Tag Archives: Northrop Grumman

Northrop OKs 70-Cent Dividend for Shareholders

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Northrop Grumman‘s (NYSE: NOC) board of directors has approved a quarterly cash dividend of 70 cents per share on the company’s common stock. The company will give the dividend to shareholders of record as of March 2, Northrop said Tuesday. Stockholders are scheduled to receive the payment March 18.

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Steve Hogan, John Parker Take New Leadership Roles at Northrop

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Northrop Grumman (NYSE: NOC) has named John Parker vice president and general manager of the integrated logistics and modernization division and successor to Steve Hogan, who has taken the new role of global sustainment VP. The company said Tuesday the appointments are effective March 7. Hogan, who will be Northrop’s first VP for global sustainment, ...

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Jerry Powlen: Raytheon to Build P-8A Open Architecture for Navy

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A Raytheon-led (NYSE: RTN) consortium has been awarded a $15.5 million contract to help the U.S. Navy design and develop an application-based architecture for the military service’s P-8A maritime surveillance aircraft. The company said Tuesday it will build the ABA to help the branch implement third-party Poseidon mission software apps and ...

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Northrop to Help IRS Develop Shared Infrastructure; Ed Sturms Comments

Ed Sturms

Northrop Grumman (NYSE:NOC) has won a five-year, $62.2 million contract to develop an integrated and shared infrastructure for the Internal Revenue Service. The company’s information technology professionals and subject matter experts will perform architecture, engineering and development services under the task order, Northrop said Wednesday. The contractor will also lead a ...

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Northrop Profit Jumps 6% for 4Q, Full 2014 Fiscal Year

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Northrop Grumman (NYSE: NOC) has announced financial results for its fourth quarter and full 2014 fiscal year ended Dec. 31, 2014. The Falls Church, Va.-based aerospace and defense contractor reported a 6-percent increase in profit for the quarter to $506 million from the prior year period. Profit also grew 6 percent ...

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Heather Crofford Named VP, CFO of Northrop Unit; Ken Bedingfield Comments

Heather Crofford

Heather Crofford, formerly business management director for the cyber division of Northrop Grumman‘s (NYSE: NOC) information systems business, will serve as vice president and chief financial officer of the enterprise shared services unit beginning March 9. The company said Monday she will succeed Donald McHugh Jr., who has joined Northrop joint venture National ...

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