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Tag Archives: Long Range Strike Bomber

Air Force Presents Design of Future Northrop-Built Long Range Strike Bomber

TYSONS CORNER, VA, March 1, 2016 — The U.S. Air Force has unveiled the concept design of the future B-21 Long Range Strike Bomber aircraft that Northrop Grumman (NYSE: NOC) will build for the service branch, ExecutiveBiz reported Monday. The Air Force reported Friday Deborah Lee James, secretary of the Air Force, …

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Weekly Roundup Feb. 22 – Feb. 26 2016: GD’s Robotics Buy Keeps Tech M&A Wheels Turning & more

Feb. 22 – Feb. 26 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Consolidation among the large players the government services market have been well-documented in spaces such as these but the product makers in GovCon also have been in on the M&A …

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Reports: Boeing-Lockheed Team to Drop Protest of Air Force Bomber Contract Award to Northrop

The team of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) will not pursue a legal challenge in federal claims court of the U.S. Air Force’s award of the Long Range Strike Bomber contract to Northrop Grumman (NYSE: NOC), Bloomberg reported Friday. Julie Johnsson writes the decision comes a week after the Government Accountability …

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Weekly Roundup Feb. 16 – Feb. 19 2016: The M&A Deal Leaders in 2016’s Wash100 & more

Feb. 16 – Feb. 19 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Over the past two weeks here, we have taken different looks at Executive Mosaic’s 2016 Wash100 list of the government contracting arena’s most influential voices and pulled out some similarities between …

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February 18 Market Close: GovCon Index Inches Up, Holds in Correction as US Stocks Decline

The GovCon Index barely held positive territory in a narrow final hour of trade Thursday to record a nominal gain of 0.041 points to 71.389 Thursday and remain in a correction for the seventh consecutive day, or 10 percent down from its most recent high on Dec. 1. ManTech International (Nasdaq: …

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GAO Denies Boeing-Lockheed Team’s Protest of Northrop Air Force Bomber Contract

The Government Accountability Office has denied the Boeing (NYSE: BA)-Lockheed Martin (NYSE: LMT) team’s protest of the U.S. Air Force‘s award of the highly-classified Long Range Strike Bomber contract to Northrop Grumman (NYSE: NOC) in a ruling that could give way for engineering and development work to start. Boeing and …

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Northrop Posts 3% Profit Decline for 2015 on Lower Sales, Stock Buybacks Lift Year’s Earnings Past Street’s Outlook

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 …

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GAO Ends Army JLTV Contract Review, Lockheed to Challenge Award in Federal Claims Court

The Government Accountability Office has dismissed Lockheed Martin‘s (NYSE: LMT) protest of the Army’s potential $6.75 billion Humvee replacement contract award to Oshkosk (NYSE: OSK) on procedural grounds as Lockheed plans to challenge the branch’s decision in the Federal Claims Court. GAO said it does not decide on a protest if …

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Air Force Eyes Purchase of 100 Bomber Planes From Northrop Grumman

TYSONS CORNER, VA, December 4, 2015 — The U.S. Air Force could purchase approximately 100 Long Range Strike Bombers from Northrop Grumman (NYSE: NOC) based on recent comments by Sec. Deborah Lee James, ExecutiveBiz reported Thursday. Defense News reported Wednesday the potential purchase is in line with the set ceiling for …

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William LaPlante to Leave USAF Acquisition Lead Post, Rejoin Mitre

William LaPlante will step down as assistant secretary for acquisition at the U.S. Air Force after three years of civilian service in the branch and transition to a senior role at Mitre, the military branch announced Thursday. The Air Force added the Defense Department will reappoint LaPlante to the Defense Science Board to advise …

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