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Tag Archives: Northrop Grumman

Executive Mosaic’s Weekly GovCon Round-up: Recent GovCon Mergers, Acquisitions and Restructuring

Weekly Roundup November 13 – November 17 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson In recent weeks the GovCon community has experienced significant M&A and restructuring activity. Notable transactions include: H.I.G.’s purchase of WBB for an undisclosed sum General Atomics’ purchase of a majority …

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7 Firms Win Spots on Potential $150M Army Mission Training Systems Support Contract

The U.S. Army has awarded seven companies spots on a potential five-year, $150 million contract to support the service branch’s mission training complex systems. Eighteen bids were submitted to the Army Contracting Command for the hybrid contract via an online solicitation and work is scheduled to occur through Nov. 14, …

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Northrop Grumman Delivers 1st Operational Triton Drone to Navy

TYSONS CORNER, VA, Nov. 14, 2017 — Northrop Grumman (NYSE: NOC) has rolled out and shipped the first operational unit of its MQ-4C Triton unmanned aircraft system to the U.S. Navy in Point Mogu, California, ExecutiveBiz reported Monday. The company said Friday the UAS will support Navy maritime intelligence, surveillance and reconnaissance operations, with …

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BAE, Northrop Celebrate Partnership on Air Force’s B-21 Bomber Program

TYSONS CORNER, VA, Nov. 13, 2017 — BAE Systems and Northrop Grumman (NYSE: NOC) held a joint event early this month to mark their partnership in efforts to build the U.S. Air Force‘s B-21 Raider bomber aircraft, ExecutiveBiz reported Friday. Union Leader reported Wednesday Maj. Gen. Thomas Bussiere, commander of the Eighth …

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Executive Mosaic’s Weekly GovCon Round-up: October’s Biggest Contracts

Weekly Roundup October 30 – November 3 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson During October a number of contracts valued at over a billion dollars were awarded for a variety of services such as range services, construction, healthcare staffing, foreign …

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November 2nd Market Close: GovConIndex Closes Up While Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) closed up 0.692 percent to 108.524. ManTech released a strong Q3 2017 earnings report which propelled them to the top of the GCI posting an 11 percent increase to 50.98. Advancing shares on the GCI outpaced declining 2 to 1. The three major indices closed mixed for the day. …

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ArchIntel Sponsors the Potomac Officers Club Space Summit

TYSONS CORNER, VA, OCTOBER 31, 2017 – ArchIntel, a provider of concise actionable intelligence to leaders in business, sponsored the recent Potomac Officers Club event featuring the keynote speaker the Hon. Heather Wilson — Secretary of U.S. Air Force and principal DOD Space advisor of U.S. Air Force. ArchIntel was a platinum-level sponsor for …

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Northrop Grumman Tensions Sunshield Layers for NASA’S James Webb Telescope

TYSONS CORNER, VA, Oct. 30, 2017 — Northrop Grumman (NYSE: NOC) has rolled out a sunshield subsystem for NASA‘s James Webb Space Telescope that utilizes five NeXolve-manufactured layers made of Kapton that work to protect the observatory’s optics, ExecutiveBiz reported Friday. The company said Thursday it has also fully tensioned the sunshield layers for the …

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Matt Donovan: USAF to Spend $2B Bomber Fund Request on Software Devt, Recruitment

Matt Donovan, Air Force undersecretary, has said the service’s $2 billion funding request for the B-21 bomber aircraft program for fiscal year 2018 would be spent on software development and staffing efforts at Northrop Grumman (NYSE: NOC), Bloomberg Technology reported Wednesday. The military branch will also allocate part of the …

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Reports: Northrop Ends Navy Stingray Tanker Drone Contract Pursuit

Northrop Grumman (NYSE: NOC) has decided to drop the company’s pursuit of the U.S. Navy’s carrier-based unmanned aerial refueling tanker program, Defense News reported Wednesday. The contractor’s decision came two weeks after the service issued the final request for proposals for the MQ-25A Stingray program. “Winning is great… but if you can’t …

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