Tag Archives: noc

LLR Partners Buys Automation & Cyber Hunting Unit ‘BluVector’ From Northrop

Philadelphia-based private equity firm LLR Partners has purchased an automated threat detection and cyber hunting technology business unit from Northrop Grumman (NYSE: NOC) for an undisclosed sum to grow a commercial market footprint for machine learning-based tools. LLR said Monday it has committed $50 million in financing to support both the transaction and efforts to …

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Northrop, NLign Analytics Awarded for F-35 Production Technical Support by DoD

TYSONS CORNER, VA, Dec. 29, 2016 — A teaming arrangement between Northrop Grumman (NYSE: NOC) and NLign Analytics has received the Defense Manufacturing Technology Achievement Award from the Defense Department for the companies’ technical support for the F-35 program, GovCon Executive reported Wednesday. The award recognizes the team’s efforts to cut Material Review Board labor hours on the …

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Northrop to Provide System Software, Engineering Support to Navy Fire Scout Unmanned Helicopters

TYSONS CORNER, VA, Dec. 29, 2016 — Northrop Grumman (NYSE: NOC) has secured a $17.1 million contract from the U.S. Navy for system software and engineering services in support of the MQ-8 Fire Scout unmanned helicopter system, ExecutiveBiz reported Wednesday. The company will provide software design and system integration, qualification …

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December 28 Market Close: GovCon Index Falls, Primes Lead Losses

Executive Mosaic’s GovCon Index tumbled Wednesday on notable declines by large defense and government services primes as U.S. stocks also fell with every major sector in negative territory to damper hopes of a Dow Jones Industrial Average close above 20, 000 before the year’s end. Two out of 30 GovCon Index stocks …

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December 20 Market Close: GovCon Index Lifts on HII & Aerospace Climbs, Dow Closer to 20K

Executive Mosaic’s GovCon Index rose Tuesday with help from shipbuilder Huntington Ingalls Industries (NYSE: HII) and other large aerospace prime contractors as U.S. stocks also traded higher with financials the top gainers and the Dow Jones Industrial Average in touching distance of 20, 000. GovCon Index gainers edged decliners by a 2-to-1 …

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Northrop Conducts 1st Flight Test of Hawkeye Aircraft With Aerial Refueling System

TYSONS CORNER, VA, Dec. 20, 2016 — Northrop Grumman (NYSE: NOC) has completed the first flight test for an E-2D Advanced Hawkeye early-warning aircraft equipped with an aerial refueling system, ExecutiveBiz reported Monday. The company said Thursday the aerial refueling function will work to boost the on-station time and range of …

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December 19 Market Close: GovCon Index Higher on Lockheed & Prime Gains, US Stocks Up With Caution on Global Turmoil

Executive Mosaic’s GovCon Index traded higher on contributions from large defense prime contractors as U.S stocks pared back some gains from earlier in the session after the terror attack in a Berlin Christmas market and the assassination of Russia’s ambassador to Turkey. GovCon Index gainers outnumbered decliners by a 3-to-1 ratio and …

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Honeywell Subsidiary Lands Potential $2.6B Sandia Labs Mgmt Contract

The National Nuclear Security Administration has selected a subsidiary of Honeywell International (NYSE: HON) for the potential 10-year, $2.6 billion contract to help operate and manage Sandia National Laboratories sites located across four states. NNSA said Friday National Technology and Engineering Solutions of Sandia will lead a team comprising Northrop Grumman (NYSE: NOC) …

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Inmarsat’s Rebecca Cowen-Hirsch, Hughes’ Rick Lober Speakers at SIA DoD Commercial SATCOM Workshop

TYSONS CORNER, VA, Dec. 16, 2016 — Rebecca Cowen-Hirsch, a senior vice president at Inmarsat, and Rick Lober, a VP and general manager at Hughes Network Systems, were among the executive speakers at the Satellite Industry Association’s Defense Department Commercial SATCOM Workshop, GovCon Executive reported Wednesday. Cowen-Hirsch and Lober were scheduled to tackle …

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December 14 Market Close: GovCon Index, US Stocks Turn Lower After Rate Hike Announcement

Executive Mosaic’s GovCon Index turned from neutral to negative territory Wednesday as did the U.S. stock bellwether S&P 500 composite index after the Federal Reserve raised interest rates for only a second time since the 2008 financial crisis. GovCon Index decliners outnumbered gainers by a 9-to-1 ratio as three of its 11 S&P 500 …

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