Northrop Grumman‘s (NYSE: NOC) chief executive signaled to investors Wednesday that he would rather reposition its technology services segment to different focus areas rather than pursue a sale or spinoff of the division. Falls Church, Virginia-based Northrop created the technology services segment at the start of this year from a rea...
Five government contractors listed in Executive Mosaic’s GovCon Index reported their latest quarterly financial results before U.S. markets opened Wednesday and all earnings per share figures fell above the consensus Wall Street forecast. Boeing (NYSE: BA) swung to a net loss for its second quarter and lowered its earnings forecast on a $...
TYSONS CORNER, VA, July 25, 2016 ” Cobham has received an $8 million contract from Northrop Grumman to create a motion control system for its two microwave instruments intended to be used for National Oceanic and Atmospheric Administration™s Joint Polar Satellite System program, ExecutiveBiz reported Friday. The company will...
A joint venture of Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) has received a potential $89.8 million contract to update the fire control radar systems on the U.S. Army™s Apache helicopters. Longbow LLC will perform software updates and build 84 radar electronics units under the contract, Lockheed said ...
TYSONS CORNER, VA, July 8, 2016 ” Michael King, vice president for business development at Northrop Grumman‘s (NYSE: NOC) cyber and intelligence mission solutions business, has been appointed to the executive committee of the Intelligence and National Security Alliance, GovCon Executive reported Thursday. INSA said Wednesday the exec...
Northrop Grumman (NYSE: NOC) has received a potential two-year, $103.4 million contract modification to begin low-rate initial production of the U.S. Navy™s Joint Counter Radio-Controlled Improvised Explosive Device Electronic Warfare Increment One Build One system. Northrop will produce the JCREW I1B1 systems for the service branch&#...
The U.S. Air Force has awarded Northrop Grumman (NYSE: NOC) a potential one-year, $203.5 million contract modification to continue to provide sustainment and logistics support for the service branch’s Global Hawk unmanned aerial systems. The company will supply additional materials and provide maintenance, planning and operations services ...
Northrop Grumman (NYSE: NOC) has received a $17.8 million “other transaction” agreement modification from the Defense Advanced Research Projects Agency to perform additional tasks under phase III of the Tactically Exploited Reconnaissance Node project. The company will work to fabricate, assemble and checkout a second Tern unman...
Northrop Grumman (NYSE: NOC) has been awarded a 20-month, $600 million contract modification by the Missile Defense Agency to continue providing technical integration and operational support services for the U.S. ballistic missile defense system. The Defense Department said Tuesday the modification increases the contract’s total value&nbs...
TYSONS CORNER, VA, June 3, 2016 ” A Northrop Grumman (NYSE: NOC) subsidiary will provide navigation technology for the special missions variant of Beechcraft‘s King Air turboprop aircraft, ExecutiveBiz reported Thursday. Northrop said Wednesday the LCR-100N system built by its LITEF unit will be an “inertial...
