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Tag Archives: Wes Bush

Weekly Roundup Feb. 8 – Feb. 12 2016: Three 2016 Wash100 CEOs Whose Firms ‘Beat The Street’ & more

market analysis

Feb. 8 – Feb. 12 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Many reasons have been put forth as to why global financial markets continue to be in turmoil but this week showed there may be no end in sight to this period …

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Weekly Roundup Oct 26 – Oct 30 2015: Northrop Records Double Victory w/ 3Q Earnings, Bomber Win & more

northrop Grumman_BLUE

Weekly Roundup Oct 26 – Oct 30 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The world’s fifth-largest defense contractor received a double-billing of good news this week via third quarter financial results that beat The Street and a landmark contract win …

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Northrop 3Q Earnings, Revenue Beat Wall Street Forecasts; Wes Bush Discusses Reorg to Investors

northrop Grumman_BLUE

Northrop Grumman (NYSE: NOC) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has reported third quarter earnings of $2.75 per share, 56 cents higher Wall Street analyst forecasts and 59 cents more than the prior year period. The company posted a $516 million profit for the quarter and recorded $5.98 billion …

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Northrop Realigns Businesses, Appoints Gloria Flach COO

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Northrop Grumman (NYSE: NOC) will restructure from four business segments to three, effective Jan. 1, in a move President and CEO Wes Bush said is aimed to align strategies with customer requirements. On that date, Gloria Flach, corporate vice president and president of Northrop’s electronic systems sector, will assume the …

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Ken Bedingfield to Succeed James Palmer as CFO, Corporate VP

Kenneth Bedingfield

Ken Bedingfield, currently vice president of corporate finance at Northrop Grumman (NYSE: NOC), has been elected by the board of directors to serve as corporate VP and chief financial officer. Bedingfield will assume his new positions following the company’s 2014 annual report and oversee financial planning, accounting, internal audit, treasury, …

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Mark Caylor, Stephen Movius Add New Northrop Leadership Roles; Wes Bush Comments

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Mark Caylor, a corporate vice president and president for enterprise shared services at Northrop Grumman (NYSE: NOC), has taken the additional role of chief strategy officer for the company. He adds corporate development and supply chain management to his work responsibilities and will continue to report directly to CEO Wes …

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Northrop to Acquire Australia’s Qantas Airways Defense Unit; Wes Bush Comments

northrop Grumman_BLUE

A Northrop Grumman Corp. (NYSE: NOC) subsidiary has reached an agreement to buy Qantas Airways’ defense business for an undisclosed amount as Northrop looks to further its international strategy. Northrop Grumman Australia Pty Ltd.’s acquisition of Qantas Defence Services Pty Ltd. could wrap up in 2014 after meeting several conditions, Northrop Grumman …

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Northrop Board Approves New $4B Share Buyback Plan, Increases Dividend; Wes Bush Comments

Wes Bush

Northrop Grumman‘s (NYSE: NOC) board of directors has approved a plan to repurchase $4 billion of the company’s common stock with the goal of retiring nearly 25 percent of the company’s outstanding shares by the end of 2015. Northrop has 235 million shares outstanding as of March 31 and will …

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