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Tag Archives: hypersonics

Northrop Pushes Strategy to Explore Business Opportunities in Hypersonic Defense

TYSONS CORNER, VA, March 21, 2019 — Northrop Grumman (NYSE: NOC) unveiled plans to apply a four-tiered strategy in support of the company’s effort to build a competitive edge in the hypersonic defense market, ExecutiveBiz reported Wednesday. Defense News reported Tuesday that Northrop is moving to pursue opportunities in hypersonic …

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Cubic Eyes Protected Comms Portfolio Expansion With Nuvotronics Buy; Mike Twyman Quoted

Cubic (NYSE: CUB) has purchased microfabricated radio frequency systems provider Nuvotronics for approximately $64M in cash as part of efforts to expand its portfolio of protected communications technology offerings. Durham, N.C.-based Nuvotronics designs and builds antennas, combiners, filters and other RF devices using the PolyStrata technology developed by the company …

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McAleese and Associates: CFO Kenneth Possenriede on Lockheed’s 2019 Priorities

McAleese and Associates has released a report on Lockheed Martin’s (NYSE: LMT) 2019 priorities as discussed by Chief Financial Officer Kenneth Possenriede at a JP Morgan conference on Thursday. Some of the priorities mentioned include the F-35 fighter aircraft program; missiles and fire control sector; hypersonics; and the restart of …

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McAleese & Associates: Air Force Execs Talk Prototyping, Agile Software Dev’t at AFA Symposium

Consulting firm McAleese & Associates has released a report on key takeaways from the speeches of Air Force Secretary Heather Wilson and Will Roper, the service’s acquisition chief, at an Air Force Association symposium that kicked off Thursday in Orlando, Fla. Wilson discussed the need for the service to dominate time, space …

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Raytheon Eyes Hypersonic Defense Capability Expansion Under Missile Systems Unit

TYSONS CORNER, VA, February 5, 2019 — Raytheon (NYSE: RTN) is exploring opportunities to expand its hypersonic defense portfolio within its missile systems business through the development of new sensor and vehicle systems, ExecutiveBiz reported Monday. USNI News reported Friday CEO Tom Kennedy indicated during a recent earnings call that the …

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McAleese & Associates: Northrop Posts 16% Sales Growth Driven by Aerospace, Innovation Systems Segments

Consulting firm McAleese and Associates has released a report that provides an overview of the financial performance of Northrop Grumman (NYSE: NOC) during the fourth quarter and full year 2018. Northrop saw its 2018 sales jump 16 percent to $30B driven by sales growth at its innovation systems business and …

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McAleese & Associates: Deputy Defense Secretary Patrick Shanahan on Hypersonics

Consulting firm McAleese & Associates has released a report on Deputy Defense Secretary Patrick Shanahan’s speech at a National Defense Industrial Association-sponsored briefing on hypersonics. Shanahan said Thursday at the NDIA event that hypersonic technologies need to be operationalized. “This is about industrializing…scale…deploying [offensive-hypersonic] deterrent…and then moving to [hypersonic] defense,” he noted. He said the …

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McAleese & Associates: Trump Backs $733B to $750B Defense Budget for FY 2020

A new McAleese & Associates report says President Donald Trump appears to have expressed support to a defense budget request of $733B to $750B for fiscal year 2020 following his meeting with lawmakers and other government officials. Trump met with Defense Secretary James Mattis; National Security Adviser John Bolton; Senate Armed Services Committee …

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McAleese & Associates: GovCon Execs Talk AI, Hypersonics at Reagan Forum

Consulting firm McAleese & Associates has released a report on key takeaways from the two-day Reagan National Defense Forum that kicked off Friday in California. Lockheed Martin (NYSE: LMT) CEO Marillyn Hewson; Raytheon (NYSE: RTN) CEO Thomas Kennedy; Leanne Caret, CEO of Boeing’s (NYSE: BA) defense, space and security business; and Harris (NYSE: …

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McAleese & Associates: Raytheon Reports 25% Rise in Q3 2018 Bookings

A report by consulting firm McAleese & Associates says Raytheon (NYSE: RTN) posted $8.7B in bookings during the third quarter of 2018, reflecting a 25 percent increase from the same period last year. Raytheon associated the increase with the integrated defense systems sector’s $1.3B Patriot missile defense system order from Poland and $787M …

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