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...
Mustafa Veziroglu, former chief operating officer of CACI International’s (NYSE: CACI) SA Photonics subsidiary, has been named president of Mynaric (Nasdaq: MYNA) and member of the laser communication equipment manufacturer’s management board. He will be based at Mynaric’s headquarters in Munich, Germany, and oversee product develo...
Northrop Grumman (NYSE: NOC) stated an 8 percent year-over-year growth in space segment sales for the second quarter to $2.98 billion with the increase partially offsetting lower revenues at the company’s three other core business sectors. April-June sales were $8.80 billion, compared to $9.15 billion for the same period last year, and Northro...
Northrop Grumman (NYSE: NOC) has won a potential five-year, $3.29 billion contract from the Missile Defense Agency to design, build, test and deploy a next-generation weapon system for defending against ballistic missile strikes. The company will aim to produce Ground-Based Midcourse Defense software and hardware that would exceed the performance of...
Northrop Grumman (NYSE: NOC) has won a five-year, $533.8 million contract to manufacture fuze devices for U.S. Army artillery. The branch’s contracting command received two bids for the M782 multi-option fuze procurement via an online solicitation and expects work under the firm-fixed-price contract to be complete by July 26, 2027, t...
Mary Petryszyn, corporate vice president and president of defense systems business at Northrop Grumman, was presented her 2022 Wash100 Award by Executive Mosaic CEO Jim Garrettson during a recent visit to the company’s office in Falls Church, Virginia. Executive Mosaic is proud to recognize Mary Petryszyn as a two-time Wash100 Award recipient, ...
The Space Development Agency has awarded Northrop Grumman (NYSE: NOC) and L3Harris Technologies (NYSE: LHX) prototype agreements worth $1.3 billion combined to build and deploy 28 satellites for the first tranche of the National Defense Space Architecture’s tracking layer. The Tranche 1 Tracking Layer is expected to launch beginning in April 2025 ...
ExecutiveBiz featured Kerron Duncan, director of technology for the chief information office with Northrop Grumman, in a recent Executive Spotlight interview published Wednesday. He talked about his over two decades of career at Northrop and the work his team is responsible for to meet customers’ mission requirements. The Q&A also tackled ...
Raytheon Technologies (NYSE: RTX) and Northrop Grumman (NYSE: NOC) have received contract modifications worth at least $41 million each from the Missile Defense Agency to further develop their Glide Phase Interceptor designs for MDA’s regional hypersonic missile defense program. MDA exercised options on other transaction agreements awarded in Nove...
In a recent Executive Spotlight interview, ExecutiveBiz spoke with Chris McGlade, vice president for quality and operational excellence at Northrop Grumman‘s defense system sector, to talk about the most significant capabilities for armed forces to provide protection on the modern battlefield. She also discussed the company’s commitment ...
