Northrop Grumman (NYSE: NOC) has increased its quarterly dividend by 8 percent to $1.87 per share. The company said Tuesday its board of directors authorized the raise and that shareholders of record as of the close of business on May 30 will receive the dividend June 14. Kathy Warden, chair, CEO and president of Northrop,...
After a competitive four months and tens of thousands of votes, Executive Mosaic is excited to announce that the winner of the 2023 Wash100 popular vote competition is the resolute Department of Defense cornerstone, Defense Secretary Lloyd Austin. This year, a staggering nearly 40,000 votes were cast in support of the esteemed recipients of the 2...
Northrop Grumman (NYSE: NOC) posted $9.3 billion in revenue for the first quarter of 2023, a 6 percent increase from the same period last year, as its defense, mission and space systems business logged higher sales. In its quarterly earnings report released Thursday, Northrop reported an operating income of $947 million and a margin rate...
Executive Mosaic is honored to introduce Kathy Warden, chair, CEO and president of Northrop Grumman, as a 2023 Wash100 Award winner for aligning the company’s portfolio of technology offerings to priorities of defense customers and advancing strategic growth. This year marks the 10th iteration of Executive Mosaic’s annual list of the top 100...
Every year, the Wash100 assembles the highest performing executives from across the GovCon sector and throughout the U.S. federal community. To celebrate its 10th year of activity, the Wash100 voting committee has taken it upon itself to bring together the finest, most esteemed crop of winners yet. Now that the slate debuted in January, it...
Stephen O’Bryan, a senior aerospace and defense industry executive, will assume the role of corporate vice president and global business development officer at Northrop Grumman (NYSE: NOC) on Feb. 6. He has been elected by Northrop’s board of directors to succeed David Perry, who is set to retire by the end of March after a...
Northrop Grumman (NYSE: NOC) reported $10 billion in revenue for the fourth quarter of 2022, up 16 percent from $8.6 billion in the prior-year period, and a 3 percent increase in organic sales for the full year ended Dec. 31. The Falls Church, Virginia-based aerospace and defense contractor said Thursday the sales growth was driven...
Thirty veterans of the government, industry and academia to serve on a federal advisory committee that offers strategic and policy recommendations to the National Space Council. Lester Lyles, a retired U.S. Air Force general and an independent consultant, was selected to chair the NSpC Users Advisory Group, the White House said Friday. Vice Presiden...
Northrop Grumman (NYSE: NOC) and the U.S. Air Force have introduced the B-21 Raider long-range strike bomber plane as part of the country’s nuclear triad meant to deter potential adversaries. B-21 is a sixth-generation aircraft that is backed by a digital ecosystem and comes with stealth capabilities and open systems architecture to facilitate...
Tom Gentile, president and CEO of Spirit AeroSystems, and Ted Colbert, president and CEO of Boeing’s (NYSE: BA) defense, space and security business, have been elected to serve as chairman and vice chairman, respectively, of the Aerospace Industries Association’s board of governors for 2023. Eric Fanning, a previous Wash100 awardee, will continu...
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