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McAleese & Associates: FY 2020 Defense Spending Bill to Appropriate $21.7B for Navy Shipbuilding

A McAleese & Associates report says the U.S. Navy’s shipbuilding programs would receive $21.7B under the $690B fiscal 2020 defense funding bill passed by the House Appropriations Committee. Jim McAleese, founder and principal at McAleese & Associates and a 2019 Wash100 winner, listed in the report some of the fully funded …

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McAleese & Associates: House Panel OKs $690B FY 2020 Defense Appropriations Bill

A McAleese & Associates report says the House Appropriations Committee passed a spending bill that would authorize $690B in fiscal 2020 funds for the Department of Defense, reflecting a 2.3 percent increase from DoD’s current budget. Jim McAleese, founder and principal at McAleese & Associates and a 2019 Wash100 winner, wrote …

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McAleese & Associates: Sales of Northrop Climbed 22% to $8.2B in Q1 2019

A new McAleese & Associates report says Northrop Grumman (NYSE: NOC) saw its sales rise 22 percent to $8.2B in the first quarter of 2019 and recorded a sector operating profit growth of 27 percent. Jim McAleese, founder and principal of McAleese & Associates and a 2019 Wash100 winner, wrote the Falls Church, Va.-based …

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Northrop Conducts 1st Flight Test of Hawkeye Aircraft With Aerial Refueling System

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 …

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Boeing & Northrop Boost 2016 Outlooks as General Dynamics Posts 3Q Earnings Beat

Three of the world’s largest government contractors listed in both Executive Mosaic’s GovCon Index and the U.S. stock bellwether S&P 500 composite index released third quarter financial results before markets opened Wednesday. Boeing (NYSE: BA), General Dynamics (NYSE: GD) and Northrop Grumman (NYSE: NOC) all posted earnings per share figures …

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October 6 Market Close: GovCon Index Goes Green Against Muted US Markets, Booz Allen Rallies & Gets Analysts’ Backing

Executive Mosaic’s GovCon Index held higher against narrow trading activity in U.S. financial markets Thursday on strong performances by CACI International (NYSE: CACI) and defense platform makers as Booz Allen Hamilton (NYSE: BAH) rallied to recoup one-half of losses from a steep fall Wednesday. Thursday’s gain puts the GCI on pace for a weekly gain with Friday’s …

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Northrop Wins $617M for 5 E-2D Planes

Northrop Grumman (NYSE: NOC) has won a $617, 058, 000 contract modification to build five E-2D Advanced Hawkeye airplanes for the U.S. Navy. The three-year award completes a previously-awarded advance acquisition contract and covers full rate production lot one, the Defense Department said Wednesday. All contract funds are being obligated …

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Northrop Wins $113M for Hawkeye Production Materials

Northrop Grumman (NYSE: NOC) has won a $113, 723, 443 contract to acquire long lead materials and other support needed to build five E-2D Advanced Hawkeye planes for the U.S. Navy. The advance acquisition contract contains fixed-price line items and covers full rate production of the lot two aircraft, the …

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