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Tag Archives: Long Range Strike Bomber

Weekly Roundup Nov 2 – Nov 6 2015: The Numbers Behind Record-Breaking M&A Year, CSC’s US Govt Spinoff Moves Forward & More

Weekly Roundup Nov 2 – Nov 6 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson While government agencies continue to operate at the established levels and tightly control the dollars they have on hand, the stock market is jumping in anticipation …

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Boeing-Lockheed Team Challenges Air Force Bomber Contract Award

The team of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) has filed a protest against the U.S. Air Force‘s award of the multibillion dollar Long Range Strike Bomber contract to Northrop Grumman (NYSE: NOC) nearly a week after a post-selection debrief. Boeing said in a statement issued Friday they took issue with the Air Force’s evaluations of …

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Weekly Roundup Oct 26 – Oct 30 2015: Northrop Records Double Victory w/ 3Q Earnings, Bomber Win & more

Weekly Roundup Oct 26 – Oct 30 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The world’s fifth-largest defense contractor received a double-billing of good news this week via third quarter financial results that beat The Street and a landmark contract win …

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October 28 Market Close: GovCon Index Hits New Record High on Earnings Reports, US Stocks Rise

The GovCon Index rose 2.474 percent to an all-time high of 77.167 Wednesday on strong earnings reports from listed companies and high volume on a positive day for U.S. markets as the Federal Reserve released its latest policy statement. Northrop Grumman (NYSE: NOC) rose 5.48 percent to $190.50 on the U.S. Air Force‘s Tuesday …

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Northrop 3Q Earnings, Revenue Beat Wall Street Forecasts; Wes Bush Discusses Reorg to Investors

Northrop Grumman (NYSE: NOC) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has reported third quarter earnings of $2.75 per share, 56 cents higher Wall Street analyst forecasts and 59 cents more than the prior year period. The company posted a $516 million profit for the quarter and recorded $5.98 billion …

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Northrop Wins Air Force Long Range Strike Bomber Contract

Northrop Grumman (NYSE: NOC) has beaten out a team of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) for the highly-anticipated contract to build the U.S. Air Force‘s Long Range Strike Bomber plane, Defense Department officials announced Tuesday. The service branch plans to purchase up to 100 of the bombers at a cost of $511 million per plane …

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Bloomberg: Air Force Could Unveil Bomber Contract Winner by Tuesday

The U.S. Air Force has received the go-ahead from Pentagon acquisition chief Frank Kendall to proceed with the awarding of its Long Range Strike Bomber contract, Bloomberg reported Tuesday. Anthony Cappacio and Julie Johnsson write USAF could name Northrop Grumman (NYSE: NOC) or a team of Boeing (NYSE: BA) and …

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Reports: William LaPlante Says Air Force to Award Bomber Contract Soon

William LaPlante, assistant secretary of the U.S. Air Force for acquisition, has said the service will award the potential $80 billion contract for the Long Range Strike Bomber soon, Reuters reported Wednesday. Idrees Ali and Andrea Shalal write that LRSB will succeed the Air Force’s aging fleet of B-1, B-2 and B-52 …

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