The GovCon Index felt the pressure from U.S. investor worries about a potential interest rate hike in June and closed at a decline of 0.520 points to 77.071. CAE (NYSE: CAE) was one of the GovCon Index’s lone bright spots with a gain of 2.65 percent after the Montreal-based aerospace and defense contractor posted full-year and f...
TYSONS CORNER, VA, May 19, 2016 ” Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) will provide digital signal generation technology to the U.S. Air Force under separate contracts in support of the Orbit Reprogrammable Digital Waveform Generator program, ExecutiveBiz reported Wednesday. The Defense Department said Monday Boeing rece...
The GovCon Index received a boost from large defense primes on a rebound in commodity prices Tuesday to close at a surge of 1.245 percent to a new three-month high of 78.322, which also extends the GCI’s current streak of gains to four sessions. Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) and Huntin...
TYSONS CORNER, VA, May 9, 2016 ” The U.S. Air Force has awarded Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) potential $6 million contracts to conduct feasibility studies on the production readiness of future GPS III satellites, ExecutiveBiz reported Friday. The Space and Missile Systems Center ...
The GovCon Index held negative throughout Tuesday trade and closed at a decline of 0.489 points to 76.365 with Harris Corp. (NYSE: HRS) as the largest lagger after another full-year guidance cut by the military radio maker. Melbourne, Florida-based Harris fell 5.48 percent — or $4.43 – after the company redu...
A team led by Northrop Grumman (NYSE: NOC) has been awarded a potential five-year, $91.6 million contract to update a technology platform that the Centers for Medicare and Medicaid Services uses to identify improper, fraudulent and wasteful Medicare payments. The company will lead a team comprising of seven contractors to build&n...
A Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) joint venture has secured a potential $116.7 million contract to produce fire control radar systems for India through a foreign military sales deal. Longbow LLC will also support the U.S. Army‘s Apache Attack Helicopter Project Management Office under the firm-fixed-...
Northrop Grumman (NYSE: NOC) has received a $61.7 million contract modification to support battlefield airborne communication node technology for the U.S. Air Force. The modification exercises an option on a previously awarded contract for BACN payload operations and support services, the Defense Department said Thursday. BACN i...
TYSONS CORNER, VA, April 18, 2016 ” Northrop Grumman (NYSE: NOC) could launch its XS-1 concept in the commercial market as an alternative to the Defense Advanced Research Projects Agency Experimental Spaceplane-1 program, ExecutiveBiz reported Friday. “If a responsive system can be built and start to fly with some flight ra...
Congress could review the U.S. Air Force‘s and the Defense Department‘s independent cost estimates for the Long Range Strike Bomber program after the legislative branch’s research arm found Northrop Grumman‘s (NYSE: NOC) winning bid to be “substantially below” those projections,  Bloomberg reported Thursd...
