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Northrop Declares Quarterly Dividend of 50 Cents

On Feb. 15, Northrop Grumman Corp.’s (NYSE: NOC) board of directors declared a quarterly dividend of 50 cents per share of Northrop Grumman common stock. Northrop said the dividend is payable March 11 to shareholders of record as of the close of business Feb. 27.  Read More »

BAE, Northrop to Develop Tech on Potential $5B Army Laser Contract

BAE Systems and Northrop Grumman Corp. (NYSE: NOC) have both won U.S. Army contracts to develop technology for missile-jamming lasers, the Defense Department announced Monday. BAE won $38,010,103 and Northrop won $31,359,202 under cost-plus-fixed-fee contracts to support the Common Infrared Countermeasure Program. The CIRCM program is worth a minimum... 

Northrop Wins $78M to Provide DOJ IT Equipment

The Justice Department has awarded Northrop Grumman (NYSE: NOC) a $78.3 million contract to provide information technology equipment, the Washington Post reported Sunday. The Post did not report any additional information regarding the award.  Read More »

Army Dishes Out $250M to Contractors for Cloud Services

The U.S. Army has awarded a $249.8 million firm-fixed-price contract for cloud computing services to a group of contractors in support of the Army’s program executive office for enterprise information systems, the Pentagon announced Thursday. Winning companies include: Lockheed Martin Corp. (NYSE: LMT) IBM Corp. (NYSE: IBM) HP Enterprise Services... 

Lockheed, Northrop JV Wins $181M for Apache Radar Systems

The U.S. Army has awarded a Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) joint venture a $181 million contract for systems used on the AHAllowance Holder-64D Apache helicopter, Lockheed and Northrop announced today. Taiwan will receive 15 of Longbow LLC’s fire control radar systems, marking the first international purchase of the... 

Boeing, Northrop Team Wins $3.5B Missile Defense Award

A Boeing Co. (NYSE: BA) and Northrop Grumman (NYSE: NOC) team has been selected byBudget Year the U.S. Defense Department to develop, engineer and manufacture missile defense systems on a contract worth $3.48 billion over seven years, Reuters has reported. The companies will work to expand and maintain the Ground-Based Midcourse Defense antimissile... 

Northrop Wins $540M Joint STARS Logistics Contract

The U.S. Air Force has awarded Northrop Grumman Corp. (NYSE: NOC) a 30-month, $540 million contract for total system support responsibility of the E-8C Joint STARS fleet. In partnership with the Warner Robins Air Logistics Center, Northrop said itInformation Technology will support integrated logistics for the 116th Air Control Wing, including all areas... 

Northrop Wins $91M to Add Data Link Tech to Unmanned Army Vehicles

The U.S. Army has awarded Northrop Grumman Corp. (NYSE: NOC) $91.2 million in contract modifications to reset unmanned MQ-5B Hunter systems with interoperable tactical common data link technology. The TCDL is a secure link designed to transmit data and live video from the air to the ground.  Northrop said in a release its work will include resetting... 

HP Forms NGEN Contract Team with AT&T, Northrop, IBM

With nearly one month to go before the end of the Navy‘s request for proposals for the $4.5 billion Next Generation Enterprise Network contract, Hewlett-Packard Co. (NYSE: HPQ) has formed a comprehensive team of contractors in its effort to take home the NGEN deal. HP is teaming with AT&T (NYSE: ATT), Northrop Grumman (NYSE: NOC) and IBM (NYSE:... 

Northrop Wins $46M Air Force Modification to Support Global Hawk Development Program

Northrop Grumman (NYSE: NOC) has won a $45,835,942 contract modificationTypes: Administrative Change : A unilateral contract change that does not affect the contractual rights of the parties. Change order: A written order, signed byBudget Year the CO, directing that the contractor to make a change authorized byBudget Year the "changes" clause.... 
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