Northrop Grumman (NYSE: NOC) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported a 3.86-percent decline in profit for its 2015 fiscal year compared to 2014 on lower sales in space and restricted programs and a modest increase in pension costs. Net earnings for 2015 came in at $1.99 billion...
TYSONS CORNER, VA, January 14, 2016 ” Northrop Grumman (NYSE: NOC) has been awarded a contract to provide its LN-200S inertial measurement unit for Lockheed Martin‘s (NYSE: LMT) LM 300 satellite bus, ExecutiveBiz reported Wednesday. Northrop said Tuesday the IMU works to support vehicle control systems navigation and a...
The U.S. Special Operations Command has awarded BAE Systems and Northrop Grumman (NYSE: NOC) separate contracts worth a combined $52.8 million to develop radio frequency countermeasure platforms for integration with the U.S. Air Force™s MC-130J Commando II and AC-130J Ghostrider aircraft. BAE Systems said Monday it will develop the RFCM sy...
Northrop Grumman (NYSE: NOC) has received a $286 million contract modification from the U.S. Navy to produce and deliver one E-2D Advanced Hawkeye airborne early warning and control aircraft to Japan. The Defense Department said Wednesday that Northrop will also provide E-2D nonrecurring engineering assistance to the Japanese military through DoD...
William LaPlante, under secretary for acquisition and sustainment at the Department of Defense and a two-time Wash100 awardee, said the Northrop Grumman-built (NYSE: NOC) B-21 Raider stealth bomber has been given the green light to kick off low-rate initial production following its initial flight test in 2023....
Peraton has reorganized its operations into four business sectors, created three new executive positions and added five new members to the company's executive leadership team. The realignment comes after Peraton's private equity owner Veritas Capital acquired the information technology and mission support business from Northrop Grumman (NY...
Reston, Virginia-based professional services firm Golden Key Group and its five teaming partners will provide managed human resource services to the Department of Commerce under a potential six-year, $110M contract. GKG partnered with IBM (NYSE: IBM), Northrop Grumman (NYSE: NOC), Lindholm & Associates, OBAN and ManpowerGroup to support the dep...
Kathy Warden – chairman, CEO and president of Northrop Grumman (NYSE: NOC) and a 2020 Wash100 winner -- has been appointed to succeed Kelly Ortberg as chairman of the Aerospace Industries Association's board of governors. AIA named Mike Petters, president and CEO of Huntington Ingalls Industries (NYSE: HII) and a previous Wash100 awardee, as...
Ken Asbury and Sid Ashworth, respectively former executives at CACI International (NYSE: CACI) and Northrop Grumman (NYSE: NOC), have been appointed to serve on Geospace Technologies' board of directors starting Dec. 1. Asbury and Ashworth are past recipients of the Wash100 Award....
Longbow, a joint venture of Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC), has secured a $164M contract from the U.S. Army to manufacture mast-mounted assembly and radar electronics for AH-64E Apache helicopters....
