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Tag Archives: noc

Sally Sullivan, Ed Fortunato Named to VP Roles at Raytheon

Sally Sullivan, a former CSRA executive, has joined Raytheon (NYSE: RTN) as vice president of U.S. business development. Sullivan previously served as executive VP for the homeland security group at CSRA, which is now part of General Dynamics’ (NYSE: GD) information technology business after the latter completed its purchase in April, …

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Northrop Reports 10% Rise in Q2 2018 Sales; Wes Bush Comments

Northrop Grumman (NYSE: NOC) posted $7.1 billion in sales for the second quarter of fiscal 2018, up 10 percent from the same period last year. The company said Monday it recorded $689 million in Q2 net earnings, showing a 24 percent increase from the prior year period, and saw its backlog …

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23 Firms Win Spots on $794M Navy Unmanned Undersea Vehicle R&D Support IDIQ

The U.S. Navy has awarded 23 companies positions on a potential five-year, $794.5 million contract to support the development and fabrication of unmanned undersea vehicles. The Defense Department said Monday the Naval Undersea Warfare Center Division received 28 offers for the indefinite-delivery/indefinite-quantity contract that will run through July 2023. Contractors …

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Kathy Warden to Succeed Wes Bush as Northrop CEO in 2019

Kathy Warden, president and chief operating officer of Northrop Grumman (NYSE: NOC) and a three-time Wash100 recipient, has been elected to serve as president and CEO of the company in a move slated to take effect Jan. 1. She will succeed Wes Bush, who will continue to serve as chairman …

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Northrop Secures $97M Option on Navy Counter IED Tech Supply Contract

Northrop Grumman (NYSE: NOC) has received a $96.5 million contract modification from the U.S. Navy to produce systems designed to protect troops, vehicles and structures against radio-controlled improvised explosive devices. The Defense Department said Friday the service branch exercised an option for full-rate production of the Block One Joint Counter Radio-Controlled Improvised Explosive Device Electronic Warfare …

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DISA Picks 14 Companies for $7.5B Systems Engineering Support IDIQ

The Defense Information Systems Agency has awarded 14 companies spots on the unrestricted track of a potential 10-year, $7.5 billion contract vehicle for systems engineering, innovation and technology services. DISA received 35 proposals for the unrestricted portion of the multiple-award, indefinite-delivery/indefinite-quantity contract that has a base term of five years and one …

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Northrop Gets $866M USAF Radar Sustainment, Modification Contract; Joseph Ensor Comments

Northrop Grumman (NYSE: NOC) has received a potential seven-year, $866 million contract from the U.S. Air Force to modify and sustain a network of ground-based radar systems used by the service to perform missile warning and space monitoring operations. The contract will cover work on several radars that support the …

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Northrop Closes Orbital ATK Purchase; Blake Larson Named Innovation Systems Sector President

Northrop Grumman (NYSE: NOC) wrapped up its approximately $9.2 billion purchase of Orbital ATK on Wednesday and will now run the newly acquired company as its fourth business sector called Northrop Grumman Innovation Systems. Blake Larson, most recently chief operating officer at Orbital ATK, has been elected by the board as …

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FTC Clears Northrop’s Orbital ATK Purchase

The Federal Trade Commission has given Northrop Grumman (NYSE: NOC) antitrust approval to proceed with its proposed $9.2 billion acquisition of Orbital ATK (NYSE: OA). Northrop said Tuesday the FTC clearance calls for it to make solid-rocket motors available to competitors on “a non-discriminatory basis” and that it expects to close the deal …

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Northrop to Help Sustain Air Force Radar Systems Under Potential $866M IDIQ

Northrop Grumman (NYSE: NOC) has won a potential five-year, $866 million contract to help the U.S. Air Force sustain and modify three kinds of radar system. The company will support depot-level sustainment and modification of USAF’s Ballistic Missile Early Warning System, the Precision Acquisition Vehicle Entry Phased Array Warning System and the Parameter Acquisition Radar Attack Characterization System, …

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