Latest News Mentioning Northrop Grumman

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A new McAleese & Associates report estimates most defense prime contractors recorded a 3 percent growth in sales during the first quarter of 2023, indicating that labor availability is improving and supply chain deliveries are starting to stabilize. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, offered an an...

Thirty-seven vendors have won spots on a potential 10-year, $32.5 billion multiple-award contract for the design, development, production and sustainment of training systems. The Training Systems Acquisition IV indefinite-delivery/indefinite-quantity contract covers analysis, installation, integration and testing support for aircrew, maintenance and...

The U.S. Army has selected a dozen companies for a 10-year, $450 million contract vehicle to support its modernization and combat overmatch capability development efforts. Army Contracting Command received 27 bids for the cost-plus-fixed-fee, firm-fixed-price contract via an online solicitation and will determine funds and work locations on a per-or...

Suzanne Jones, formerly a senior director at BAE Systems, has been named vice president of business winning at nonprofit engineering innovation company Draper. She will lead Draper’s capture and proposal process restructuring efforts and brings 21 years of experience to her new position, the organization said Wednesday. Jones most recently ser...

The U.S. Army has exercised the first option period of its other transaction agreements with four companies to review proposed designs for increment two of the Future Tactical Unmanned Aircraft System. Griffon Aerospace, Northrop Grumman (NYSE: NOC), Sierra Nevada Corp. and Texton Systems (NYSE: TXT) will go through preliminary and critical design r...

Executive Mosaic CEO Jim Garrettson presented the 2023 Wash100 Award plaque to Mark Caylor, president of the mission systems business sector at Northrop Grumman, during a recent office visit. Caylor’s first Wash100 citation honors his leadership in the development of mission-critical software and hardware products for defense and intellig...

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 Grumman (NYSE: NOC) will continue to help the Missile Defense Agency maintain complex simulation and modeling platforms under a three-year, $244.7 million contract modification. This award falls under an indefinite-delivery/indefinite-quality contract and includes work on advanced discrimination approaches that support MDA’s Ballistic...

Northrop Grumman (NYSE: NOC) and Raytheon Technologies (NYSE: RTX) have secured other transaction prototype agreement modifications to extend the companies’ technology development services under the Missile Defense Agency’s Glide Phase Interceptor program. The additional funds would allow the contractors to fine-tune GPI concepts, as par...

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