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Northrop Grumman’s (NYSE: NOC) Wes Bush spoke to the Washington Post about his firm’s recent decision to move its headquarters from California to Virginia. On moving away from L.A.: “We’ve been headquartered in Los Angeles since 1939, and it is home to much of what we do. We have about 30, 000 employees across California,...
Northrop Grumman (NYSE:NOC) has released the firm’s fiscal report for the first quarter of 2010: First quarter 2010 earnings from continuing operations increased to $462 million, or $1.51 per diluted share, from $366 million, or $1.10 per diluted share, in the first quarter of 2009. First quarter 2010 sales increased 8.5 percent to $8.6 billio...
Northrop Grumman Corporation (NYSE: NOC) has announced that the company will locate the new corporate office in the Commonwealth of Virginia. “We are pleased to have identified Virginia as the home for our new corporate office. Virginia, Maryland and the District put forward compelling, competitive offers. Our final decision was driven large...
According to the Department of Defense: “Raytheon (NYSE: RTN) is being awarded a $59, 200, 000 modification to previously awarded contract (N00024-09-C-5111) to exercise an option for advance procurement of the consolidated bill of materials and associated labor in support of production of the DDG 114 and 115 Aegis Weapon System AN/SPY-1D(V) r...
Northrop Grumman (NYSE:NOC) produced an annual report to the Avondale, La., Newport News, Va. and Pascagoula, Miss. communities reporting the volunteer efforts and contributions of the company’s Shipbuilding sector employees. “At Northrop Grumman Shipbuilding, we’re committed to building the world’s best military warships and...
According to the Department of Defense: “Northrop Grumman (NYSE:NOC) was awarded on April 16 an $18, 254, 115 firm-fixed-price contract for Type 1 encryption provided by the programmable inline encryption device. The contract will have a period of performance of five years and a ceiling of $300, 000, 000. Work is to be performed in...
According to the Department of Defense: “Northrop Grumman (NYSE: NOC) is being awarded a $16, 769, 544 modification to previously awarded contract (N00024-09-C-2116) for procurement of additional long lead time materials in support of the construction preparation efforts for the second aircraft carrier of the Gerald R Ford class (CVN 79). Wor...
According to the Department of Defense: “Lockheed Martin (NYSE: LMT) is being awarded a $12, 931, 371 not-to-exceed modification to a previously awarded indefinite-delivery/indefinite-quantity multiple award contract (N00019-05-D-0013) to complete Zone 5 critical airframe structures replacements for four P-3C aircraft in support of the P-3C su...
According to the Department of Defense: “Northrop Grumman (NYSE: NOC) was awarded a $33, 797, 589 contract which will provide sustainment support for the Minuteman Weapon System. At this time, $31, 797, 589 has been obligated. 526 ICBMSG/PKE, Hill Air Force Base, Utah, is the contracting activity (F42610-98-C-0001). Boeing (NYSE: BA) was a...
According to the Department of Defense: “L-3 Services, Inc., Mt. Laurel, N.J., is being awarded a $16, 109, 337 indefinite-delivery/indefinite quantity, cost-plus-fixed-fee, performance based contract (with provisions for firm fixed price orders) to provide Federal Enterprise Information Technology (IT) support services in support of federal a...
