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Tag Archives: Wes Bush

Leidos’ Roger Krone Joins Board of Governors at Aerospace Industries Association

Roger Krone

TYSONS CORNER, VA, Nov. 22, 2016 —  Aerospace Industries Association has elected Roger Krone, Leidos (NYSE: LDOS) chairman and CEO, to its executive board of governors for 2017, GovCon Executive reported Friday. Krone will join Boeing (NYSE: BA) CEO Dennis Muilenburg and Raytheon (NYSE: RTN) CEO Thomas Kennedy, who will respectively serve as …

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Weekly Roundup October 24 – October 28, 2016: Sector Execs Offer Outlooks at 3Q Checkpoint & more

market analysis

October 24 – October 28, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Outlooks of the government contracting market’s future trajectory and its ongoing dynamics dominated the attention of sector leaders and observers this week, during which GovCon Wire helped capture the larger …

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Northrop CEO Details Cost Reduction Focus of Customers & Industry After GAO Bomber Contract Review Goes Public

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Northrop Grumman (NYSE: NOC) CEO Wes Bush described to investors Wednesday the aerospace and defense contractor’s moves to focus on affordability and make corporate-level investments to take costs out of programs such as the B-21 bomber in response to slower-growing budgets. Budgets have not expanded at the same speed as global security …

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Weekly Roundup August 22 – August 26 2016: JPMorgan Analyst Bullish on Defense & more

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August 22 – August 26 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson An investment analyst at the U.S.’ biggest and world’s fifth largest bank endorsed the defense sector this week in a note to investors with a forecast that views continued “green” movement in …

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Weekly Roundup July 25 – July 29 2016: Defense Tech Makers Show Life in 2Q Earnings & more

PatriotMissile

July 25 – July 29 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson A new earnings season continued to dominate investors’ attention spans this week and those with keen interests in the aerospace, defense and government contracting sectors were no exception. Eleven contractors …

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Northrop CEO Eyes Tech Services Segment Reposition Versus Sale or Spinoff

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Northrop Grumman‘s (NYSE: NOC) chief executive signaled to investors Wednesday that he would rather reposition its technology services segment to different focus areas rather than pursue a sale or spinoff of the division. Falls Church, Virginia-based Northrop created the technology services segment at the start of this year from a realignment initiative …

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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

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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

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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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