Philadelphia-based private equity firm LLR Partners has purchased an automated threat detection and cyber hunting technology business unit from Northrop Grumman (NYSE: NOC) for an undisclosed sum to grow a commercial market footprint for machine learning-based tools. LLR said Monday it has committed $50 million in financing to su...
TYSONS CORNER, VA, Dec. 29, 2016 ” Northrop Grumman (NYSE: NOC) has secured a $17.1 million contract from the U.S. Navy for system software and engineering services in support of the MQ-8 Fire Scout unmanned helicopter system, ExecutiveBiz reported Wednesday. The company will provide software design and system integration, qualification testing...
TYSONS CORNER, VA, Dec. 20, 2016 ” Northrop Grumman (NYSE: NOC) has completed the first flight test for an E-2D Advanced Hawkeye early-warning aircraft equipped with an aerial refueling system, ExecutiveBiz reported Monday. The company said Thursday the aerial refueling function will work to boost the on-station time and range of the E-2D ...
TYSONS CORNER, VA, Dec. 13, 2016 ” The U.S. Navy intends to award a sole-source, fixed-price contract to Northrop Grumman (NYSE: NOC) to deliver potentially 40 full-rate production E-2D Advanced Hawkeye aircraft under lots 7 to 11, ExecutiveBiz reported Monday. Northrop will be tasked to provide program and production management, systems a...
December 5 – December 9, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson GovCon industry leaders and observers welcomed Vectrus to the government services landscape in the autumn of 2014 and this week marks the beginning of a new era for the Colorado Springs-based company. As...
Mark Welsh III, a retired U.S. Air Force general and current dean of the Bush School of Government and Public Service at Texas A&M University, has joined the board of directors at Northrop Grumman (NYSE: NOC). Northrop expands its board of directors to 14 members with the addition of Welsh, the company said Thursday. “His extensive...
TYSONS CORNER, VA, Nov. 30, 2016 ” Northrop Grumman (NYSE: NOC) has marked two milestones in a joint program between the Defense Advanced Research Projects Agency and U.S. Navy to develop an unmanned aerial system for medium-altitude, long-endurance missions, ExecutiveBiz reported Tuesday. The Tactically Exploited ...
TYSONS CORNER, VA, Nov. 21, 2016 ” Northrop Grumman‘s prototype unmanned aircraft system for the Defense Advanced Research Projects Agency‘s Tactically Exploited Reconnaissance Node program will undergo ground and at-sea tests by 2018, ExecutiveBiz reported Friday. DARPA said Thursday it has provided funds to the Northrop-led t...
TYSONS CORNER, VA, Nov. 15, 2016 ” The F-35 Joint Strike Fighter program office has tapped Northrop Grumman‘s (NYSE: NOC) Australia-based subsidiary for maintenance, repair, overhaul and upgrade services, ExecutiveBiz reported Monday. Northrop said Friday it will a join a team of other companies including the Australian operatio...
TYSONS CORNER, VA, Nov. 2, 2016 ” Northrop Grumman (NYSE: NOC) has received the last of the five NeXolve-built sunshield layers that will work to protect the optics and equipment of NASA‘s James Webb Space Observatory, ExecutiveBiz reported Tuesday. NASA said Tuesday the sunshield serves to prevent the sun’s heat from disr...
