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On Wednesday, Northrop Grumman agreed to terms with the U.S. Air Force Global Logistics Center (AFGLSC) to establish a strategic supplier relationship management (SSRM) team to improve support to the nation’s warfighters through improved and more effective sustainment processes. Northrop Grumman and AFGLSC will both work to reduce costs and su...
Northrop Grumman’s business unit, Sperry Marine, received approval to market marine radars in Russia earlier this week. The approval of the Sperry Marine X-Band and S-Band Cat 1 and 2 models was approved by the Russian Maritime Register of Shipping. J. Nolasco DaCunha, VP of Northrop Grumman Sperry Marine, confirmed t...
This morning, it was announced that the U.S. Army’s Constructive Simulations Division has contracted Northrop Grumman to the tune of $9 million over the three years. The agreement calls for the company to provide program management, training, testing, information technology and field support to its Tactical Simulation (TACSIM) program, which i...
Northrop Grumman has announced that Chairman and CEO Ronald Sugar retire at the end of the year and Wesley Bush will replace him. Mr. Sugar will continue to serve in an advisory role for six months before completing his retirement in June 2010. Mr. Bush has served at Northrop Grumman since 1987 and currently ser...
The city of Indianapolis and Marion County, Ind. have awarded Northrop Grumman an extension to an existing five year contract that was originally awarded in 2004. The ad-on calls for the global security provider to furnish IT services that will work to improve customer service, technology efficiencies, risk avoidance and cost effectiveness by managi...
Raytheon, which recorded over $23 billion in revenue for 2008, announced recently that it has settled on terms to purchase BBN Technologies, a R & D company involved in the development of the internet. Raytheon is looking to build its capacity as a leading player in technology services to the government, to better compete with...
On Friday, Northrop Grumman Park Air Systems, Northrop Grumman’s Norway-based air traffic management subsidiary, received an $18.7 million contract from the European Community and EUROCONTROL. The funding will go towards participation in a research program to help streamline and modernize air traffic management. With the goal of making Europea...
In an announcement made Monday, the Pentagon says it has awarded two contracts, totaling over $100 million to Northrop Grumman for Navy aircraft servicing. The first, in the amount of $98.7 million, calls for the firm to furnish expeditionary litening pods, which are aircraft performance enhancing technology to be mounted on the outside of aircraft....
A $13.4 Million Air Force contract was awarded to Northrop Grumman Corp. The contract calls for services on an unmanned aerial vehicle, Global Hawk. According to the Pentagon, Grumman will replace the Global Hawk’s current engine turbine with a commercial variant through engineering, manufacturing, and development services....
Northrop Grumman (NYSE: NOC) have rallied after the company announced two new contract wins. Northrop Grumman will overhaul the US Navy’s Theodore Roosevelt, a Nimitz-class nuclear-powered aircraft carrier carrier, for $2.4 billion and will provide maintenance and upgrade services to...
