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Tag Archives: Northrop Grumman

May 18 Market Close: Minor Positive Changes With GovCon Index and Market Indices

The Executive Mosaic GovCon Index moved downward contrary to major market indices. Decliners outpaced advancers 18 to 12. The major markets showed minor movement upward after recovering from significant drop yesterday. At market close WTI followed the markets to close up 0.39 percent to $49.26 as the Algerian Energy Minister indicated that …

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Northrop Showcases Tactical Decision Aids at INSA Event; Ginger Wierzbanowski Comments

TYSONS CORNER, VA, May 18, 2017 — Northrop Grumman (NYSE: NOC) has participated at the Intelligence and National Security Alliance’s 2017 Innovators’ Showcase earlier this month with a demonstration of two maritime security technologies, ExecutiveBiz reported Wednesday. The company said Tuesday it presented the Automated Real-Time Maritime Detection and Analysis and Blue Wide Area …

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GA-ASI’s Chris Pehrson Named to Advisory Council of New CNAS Defense Project

TYSONS CORNER, VA, May 17, 2017 — Chris Pehrson, vice president of strategic development at General Atomics’ aeronautical systems business, has been named to the advisory council for the Center for a New American Security’s Evolving the Future Force project, ExecutiveBiz reported Tuesday. CNAS said Monday the new initiative is part of its Defense …

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Northrop Lands $304M Navy Contract Modification to Manufacture Lot 2 Triton UAS

Northrop Grumman (NYSE: NOC) has been awarded a $303.9 million contract modification by the U.S. Navy for low-rate initial production of three lot 2 MQ-4C Triton unmanned aircraft systems The Defense Department said Tuesday the company will also provide one main operation control station, one forward operation control station, tooling and trade studies under the modification. …

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Northrop Grumman to Invest in Future Military Electronics Sustainment Facility in Australia

TYSONS CORNER, VA, May 16, 2017 — Northrop Grumman (NYSE: NOC) will invest $37.2 million to help establish a defense electronics maintenance and sustainment center in Australia to support the country’s military, ExecutiveBiz reported Monday. The company said Monday the future Electronic Sustainment Center of Excellence in western Sydney will work to sustain the …

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Northrop Gets $332M MDA Contract Modification for Missile Defense Technical Support

Northrop Grumman (NYSE: NOC) has received a potential one-year, $332 million contract modification from the Missile Defense Agency to continue to provide technical integration and operational support services for the ballistic missile defense system. The modification increases the contract’s total value from $3.85 billion to $4.18 billion and extends the …

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May 8 Morning Report: Friday Close – GovCon Index at 30 Day High and Major Markets Set New Records

The Executive Mosaic GovCon Index ended Friday at a 30 day high closing at 93.666 up 0.915 percent on the day as advancers outpaced decliners 5 to 1. ICF was at the top of the leader board with a 6.29 percent increase in share value driven by a robust first quarter earnings …

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Northrop to Provide Airborne Comms Payload for Air Force Global Hawk RPAs

TYSONS CORNER, VA, May 5, 2017 — Northrop Grumman (NYSE: NOC) will supply Battlefield Airborne Communications Node units to update the U.S. Air Force‘s EQ-4B Global Hawk remotely piloted aircraft under a $39.9 million contract, ExecutiveBiz reported Thursday. The Defense Department said Wednesday the company will install the BACN payloads onto the Global Hawk …

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Jennifer Boykin to Succeed Matt Mulherin as HII Newport News Shipbuilding Division President

Jennifer Boykin, vice president of engineering and design at Huntington Ingalls Industries‘ (NYSE: HII) Newport News Shipbuilding division, has been promoted to president of the division and executive vice president of the company, effective July 1. She will succeed Matt Mulherin, who will retire from the company by Aug. 1 after after a 36-year …

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