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Tag Archives: Wes Bush

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

northrop Grumman_BLUE

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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Forbes Raves About ‘Virginia Mecca’ of Defense Contractors

Forbes.com recently sought out to answer why northern Virginia has become the mecca for military contractors. The publication identifies the 1991 migration of General Dynamics from St. Louis to Falls Church, Va., as the start of a domino effect that has seen the majority of the 20 largest U.S. military contractors ...

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Northrop Elects Former Wal-Mart EVP, CFO Thomas Schoewe to Board of Directors; CEO Bush Comments

Northrop Grumman (NYSE: NOC) has elected Thomas M. Schoewe, former executive vice president and chief financial officer of Wal-Mart Stores Inc., to its board of directors. Schoewe served those roles between 2000 and 2010. He previously was senior vice president and CFO for Black and Decker Corp. Schoewe also serves ...

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Northrop President, CEO Wes Bush Named Board Chairman

Northrop Grumman‘s (NYSE: NOC) board of directors has elected company CEO and President Wes Bush as its chairman, effective immediately. Bush has served on the board since 2009. At Northrop, he has been president and chief operating officer, corporate vice president and chief financial officer and president of the former space ...

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Boeing, Northrop to Release Quarterly Financial Results July 27

Northrop Grumman (NYSE: NOC) will announce its second-quarter 2011 financial results July 27, 2011. The company will hold a conference call that day at 11:30 a.m. EST, which will be webcast live on Northrop Grumman’s website. Participants will include President and CEO Wes Bush and CFO Jim Palmer. Boeing Company (NYSE: BA) will release its ...

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