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Tag Archives: noc

Report: Lockheed, 11 Countries In Talks Over $37B F-35 Procurement

Lockheed Martin (NYSE: LMT) is in talks with the U.S. and 10 other countries over a potential contract worth at least $37 billion for the manufacturer to deliver a total of 440 F-35 fighter aircraft, Reuters reported Sunday. Sources told Reuters the multi-year transaction will consist of three portions from fiscal 2018 …

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Northrop to Provide Air Force AESA Radars, Support Services Under $244M Contract

Northrop Grumman (NYSE: NOC) has been awarded a $243.9 million contract to supply 72 Active Electronically Scanned Array radars, spares and support services to the U.S. Air Force. The Defense Department said Wednesday the company will perform contract-related work in Linthicum Heights, Maryland, and is scheduled to finish Jan. 31, 2019. The Air Force Life Cycle …

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Lockheed Martin Wins $19.8 Million for Work on F-35 Fighters

Lockheed Martin Corp. ‘s (LMT) business unit, Aeronautics, won a $19.8 million contract modification for work on the F-35 aircraft memory system and panoramic cockpit display. This will help recover diminishing manufacturing sources projected under the 15th Lot production of the F-35 aircraft, reports Nasdaq.com.  Forty percent of the contracted …

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Northrop Lands $304M Navy Contract Modification to Manufacture Lot 2 Triton UAS

Northrop Grumman (NYSE: NOC) has been awarded a $303.9 million contract modification by the U.S. Navy for low-rate initial production of three lot 2 MQ-4C Triton unmanned aircraft systems The Defense Department said Tuesday the company will also provide one main operation control station, one forward operation control station, tooling and trade studies under the modification. …

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Jennifer Boykin to Succeed Matt Mulherin as HII Newport News Shipbuilding Division President

Jennifer Boykin, vice president of engineering and design at Huntington Ingalls Industries‘ (NYSE: HII) Newport News Shipbuilding division, has been promoted to president of the division and executive vice president of the company, effective July 1. She will succeed Matt Mulherin, who will retire from the company by Aug. 1 after after a 36-year …

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Former DoD Legal Chief Jennifer O’Connor Appointed Northrop Mission Systems Sector Counsel

Jennifer O’Connor, former general counsel at the Defense Department, has joined Northrop Grumman (NYSE: NOC) as vice president, associate general counsel and sector counsel for the company’s mission systems sector. Northrop said Friday she will succeed the retiring James Stephenson and report to Sheila Cheston, corporate vice president and general counsel. In her …

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Former PAE VP John Coleman Joins Omniplex as Investigative Services Group President; Michael Santelli Comments

John Coleman, former vice president of the information and mission solutions business area at PAE, has joined Omniplex World Services as president of the Chantilly, Virginia-based company’s investigative services group. He will report directly to Omniplex President and CEO Michael Santelli and brings more than 20 years of program and business management experience to his new position, the …

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Navy Awards Northrop Potential $812M LCS Gun Mission Module Production Contract

Northrop Grumman (NYSE: NOC) has been awarded a potential $812 million contract by the U.S. Navy to manufacture gun mission modules for the service branch’s Littoral Combat Ships. The company will also support basic outfitting assembly installation, engineering, sustainment and interim depot-level maintenance of LCS gun mission modules, the Defense Department said …

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March 1 Market Close: GovCon Index, US Stocks Climb to New Records on Trump Speech & Rate Hike Chatter

Executive Mosaic’s GovCon Index closed at an all-time high Wednesday for the second time in three sessions as U.S. stocks also extended their record-setting rally in their best one-day performance of 2017 so far with the S&P 500 composite index above 2,400 for the first time during intraday trade after President Donald …

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February 27 Market Close: GovCon Index Hits Record Close on Trump Military Budget Proposal

Executive Mosaic’s GovCon Index closed at an all-time record high Monday with large aerospace-and-defense primes the main contributors to gains after President Donald Trump unveiled his proposal to raise military spending 9 percent for the next federal fiscal year. U.S. stocks also posted small gains as the benchmark S&P 500 composite …

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