Hello, Guest!
  • Friday, April 26, 2024

Northrop Grumman Bids for $800 Million Air Force Deal

Northrop Grumman (NYSE:NOC) submitted a bid for the Air Force’s Air and Space Operations Center modernization program.

The deal carries a value exceeding $800 million over eight years.

According to the firm, “the program is a weapon system modernization effort to integrate mission services into a common computing environment built upon a network-centric infrastructure.”

“The Northrop Grumman design focuses on an integrated AOC Weapon System for our warfighters, ” said Mike Twyman, vice president of integrated command, control, communications and intelligence systems for Northrop Grumman’s Information Systems sector. “Our plan is centered on rapidly delivering capabilities and providing a composable system to support the full spectrum of operations.”

Video of the Day

Related Articles

Northrop Board OKs 8% Quarterly Dividend Increase; Kathy Warden Quoted Financial Reports

Northrop Board OKs 8% Quarterly Dividend Increase; Kathy Warden Quoted

Northrop Grumman (NYSE: NOC) has increased its quarterly dividend by 8 percent to $1.87 per share. The company said Tuesday its board of directors authorized the raise and that shareholders of record as of the close of business on May 30 will receive the dividend June 14. Kathy Warden, chair, CEO and president of Northrop,

Northrop Wins $406M Air Force Engineering Support Task Order Contract Awards

Northrop Wins $406M Air Force Engineering Support Task Order

Northrop Grumman (NYSE: NOC) has secured a five-year, $405.7 million task order from the U.S. Air Force to provide engineering services in support of intelligence activities at the Department of Defense and intelligence community centers and satellite branches. The company will also perform operational technical work under the cost-plus-fixed-fee task order, DOD said Monday. A total

Northrop Maintains $1.73 Dividend for Shareholders Financial Reports

Northrop Maintains $1.73 Dividend for Shareholders

Northrop Grumman‘s (NYSE: NOC) board of directors has approved a quarterly cash dividend of $1.73 per share on the company’s common stock for the second quarter, remaining steady from the dividend rate announced three months ago.  The company said Wednesday it will give the dividend on Sept. 14 to stockholders of record at the close