Home / Tag Archives: noc (page 24)

Tag Archives: noc

September 28 Market Close: GovCon Index, US Stocks Move Green in PM Trade on Oil Supply Cut Reports

Executive Mosaic’s GovCon Index turned positive in mid-afternoon trade Wednesday along with U.S. stocks after reports surfaced that major oil producing countries reached an agreement to limit global supply with more details due in November. GovCon Index gainers outnumbered laggers at a 4-to-1 ratio and eight of its 11 S&P 500 companies …

Read More »

Northrop Receives $350M in Triton UAV, Spares Production Funds From Navy

Northrop Grumman (NYSE: NOC) has secured $350 million in contract funds to produce MQ-4C Triton unmanned aerial vehicles, control stations and interim spares for the U.S. Navy. The company will work on three lot 1 low-rate initial production MQ-4C UAVs,  main and forward operation control stations, tooling and training courseware under a $255.3 million …

Read More »

Northrop Lands Potential $150M Navy Contract for IR Countermeasures on Combat Aircraft

Northrop Grumman (NYSE: NOC) has secured a potential $149.7 million firm-fixed-price, cost-plus-fixed-fee contract from the U.S. Navy for hardware, production test stations and technical services in support of the installation of large aircraft infrared countermeasures. The Defense Department said Friday Northrop will help integrate LAIRCM into the combat aircraft of the U.S. Army, …

Read More »

September 23 Market Close: GovCon Index Rally Halted, Posts Weekly Gain as Energy Weighs on US Stocks

Executive Mosaic’s GovCon Index dropped Friday but registered a weekly gain as U.S. stocks took a break from their two-day surge after the Federal Reserve left interest rates unchanged Wednesday. The post-Fed decision rally helped the GCI add 2.57 percent over five days with its S&P 500-listed companies and other large defense platform makers among the drivers of gains as …

Read More »

September 21 Market Close: GovCon Index Returns Above 80 After Fed Holds on Rate Hike & Signals December Move

Executive Mosaic’s GovCon Index added 1 percent Wednesday to record its best session in two months and close above 80 points for the first time since Sept. 12 with 29 out of 30 stocks in positive after the Federal Reserve left benchmark interest rates unchanged and signaled a potential move in …

Read More »

September 20 Market Close: GovCon Index Lower on HII Downgrade, US Stocks Higher as Fed Meeting Begins

Executive Mosaic’s GovCon Index closed in narrow range Tuesday after Cowen and Company downgraded the stock of military shipbuilder Huntington Ingalls Industries (NYSE: HII) and GCI decliners over gainers at roughly 2-to-1 ratio. Newport News, Virginia-based Huntington Ingalls ended as the GovCon Index’s worst net performer on Cowen and Company’s downgrade of HII to …

Read More »

In-Q-Tel Enters Into Investment & Technology Dev’t Agreement With Zoomdata

TYSONS CORNER, VA, Sept. 12, 2016 — In-Q-Tel and Zoomdata have partnered to address the big data management requirements of the intelligence community using the latter’s visual analytics platform under a new strategic investment and technology agreement, ExecutiveBiz reported Friday. The agreement works to update Zoomdata’s product offerings and their availability through Amazon Web Services‘ (Nasdaq: …

Read More »

Northrop Awarded $108M Contract to Build Autonomous Fire Scout Helicopters for Navy

Northrop Grumman (NYSE: NOC) has secured a $108.1 million contract to build 10 MQ-8C Fire Scout unmanned autonomous helicopters for the U.S. Navy. The Defense Department said Friday that Northrop will perform work in California, Alabama, Texas and Mississippi as well as other locations within the U.S. through August 2019. The Naval Air Systems Command obligated the full …

Read More »

September 6 Morning Report: GovCon Index Snaps Losing Streak to Register Weekly Gain

Executive Mosaic’s GovCon Index posted a gain of 0.508 percent or 0.412 points Friday to close at 81.565 and end a three-day losing streak as investors bet against the possibility of an interest rate hike in September. The Index also registered a weekly gain with S&P 500-listed Northrop Grumman (NYSE: NOC) as the top advancer and …

Read More »

September 2 Market Close: GovCon Index Rides Post-Jobs Report Surge, Notches Weekly Gain

Executive Mosaic’s GovCon Index ended its three-day losing streak Friday after August’s jobs report missed economists expectations to register a weekly gain and investors bet against the possibility of a September interest rate hike. GovCon Index gainers outnumbered laggers by a roughly 9-to-1 ratio and S&P 500-listed Northrop Grumman (NYSE: NOC) was the top …

Read More »