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Northrop’s JPSS Microwave Sounder Contract Reaches $390M on New NOAA Order

Northrop Grumman (NYSE: NOC) has been awarded a contract modification to manufacture two passive microwave instruments for the National Oceanic and Atmospheric Administration‘s Joint Polar Satellite System, increasing the total contract value to $390.5 million. The $177.7 million modification awarded by NASA on behalf of NOAA requires Northrop to build,  test and deliver the Advanced …

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USAF Unveils Northrop’s 7 Teammates on B-21 Bomber Aircraft Development Program

The U.S. Air Force has unveiled the names of seven companies that will partner with Northrop Grumman (NYSE: NOC) to help build a fleet of B-21 Long Range Strike Bomber planes for the military service, Defense News reported Monday. Lara Seligman writes Air Force Secretary Deborah Lee James said in a news briefing at the Pentagon …

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Northrop Named on Potential Navy Sole-Source Contract for Laser Tech

TYSONS CORNER, VA, March 3, 2016 — Northrop Grumman (NYSE: NOC) is set to receive a potential $44.9 million sole-source contract from the Naval Sea Systems Command to provide laser technology, ExecutiveBiz reported Wednesday. The U.S. Navy said in a notice posted Friday on FedBizOpps that it seeks diode-pumped laser designation …

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Air Force Presents Design of Future Northrop-Built Long Range Strike Bomber

TYSONS CORNER, VA, March 1, 2016 — The U.S. Air Force has unveiled the concept design of the future B-21 Long Range Strike Bomber aircraft that Northrop Grumman (NYSE: NOC) will build for the service branch, ExecutiveBiz reported Monday. The Air Force reported Friday Deborah Lee James, secretary of the Air Force, …

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Reports: Boeing-Lockheed Team to Drop Protest of Air Force Bomber Contract Award to Northrop

The team of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) will not pursue a legal challenge in federal claims court of the U.S. Air Force’s award of the Long Range Strike Bomber contract to Northrop Grumman (NYSE: NOC), Bloomberg reported Friday. Julie Johnsson writes the decision comes a week after the Government Accountability …

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Northrop, Oceaneering, Made in Space to Build On-Orbit 3D Printer With Robotic Arm

TYSONS CORNER, VA, February 25, 2016 — Northrop Grumman (NYSE: NOC) currently works with Oceaneering Space Systems and Made in Space to build a 3D printer with a robotic arm that will work to manufacture space systems on orbit, ExecutiveBiz reported Wednesday. Space News reported Tuesday Northrop will provide software, systems engineering, …

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Huntington Ingalls FY 2015, 4Q Earnings Below Wall Street Outlook; Full-Year Margin Hits Post-Northrop Spin Goal

Huntington Ingalls Industries (NYSE: HII) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported earnings of $8.36 per share for the full 2015 calendar year to fall below Wall Street analysts forecasts of $8.99. Full 2015 net income rose 19.52 percent year-over-year to $404 million …

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GAO Denies Boeing-Lockheed Team’s Protest of Northrop Air Force Bomber Contract

The Government Accountability Office has denied the Boeing (NYSE: BA)-Lockheed Martin (NYSE: LMT) team’s protest of the U.S. Air Force‘s award of the highly-classified Long Range Strike Bomber contract to Northrop Grumman (NYSE: NOC) in a ruling that could give way for engineering and development work to start. Boeing and …

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Northrop Posts 3% Profit Decline for 2015 on Lower Sales, Stock Buybacks Lift Year’s Earnings Past Street’s Outlook

Northrop Grumman (NYSE: NOC) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported a 3.86-percent decline in profit for its 2015 fiscal year compared to 2014 on lower sales in space and restricted programs and a modest increase in pension costs. Net earnings for 2015 …

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Lockheed Taps Northrop to Provide Satellite Bus Inertial Measurement Unit

TYSONS CORNER, VA, January 14, 2016 — Northrop Grumman (NYSE: NOC) has been awarded a contract to provide its LN-200S inertial measurement unit for Lockheed Martin‘s (NYSE: LMT) LM 300 satellite bus, ExecutiveBiz reported Wednesday. Northrop said Tuesday the IMU works to support vehicle control systems navigation and attitude control using angular motion and …

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