Tag Archives: noc

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: …

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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 …

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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 …

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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 …

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M1 Support Services to Help Maintain Air Force UH-1N Helicopters Under Potential $80M Contract

M1 Support Services has been awarded a $79.6 million contract by the U.S. Air Force to maintain the service branch’s fleet of UH-1N helicopters. The Defense Department said Thursday M1 will also provide UH-1N aircrew flight equipment and weapons maintenance services under the firm-fixed-price contract. The Air Force Installation Contracting Agency will obligate $13.3 million in fiscal 2017 …

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Northrop Lands $376M Navy G/ATOR Radar Tech Production Contract

Northrop Grumman (NYSE: NOC) has secured a potential four-year, $375.6 million contract to produce and deliver nine ground/air task-oriented radar low-rate initial production systems to the U.S. Navy. The Defense Department said Wednesday Northrop’s electronic systems business unit will perform contract work in Maryland, New York, Connecticut, Oklahoma, California,  Arizona, Minnesota, New Hampshire and North Carolina through September …

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August 29 Market Close: GovCon Index Ends 5-Day Losing Streak on Prime Gains, Financial Shares Lift Stocks on Fed Rate Chatter

Executive Mosaic’s GovCon Index snapped a five-day losing streak Monday on advances by mid- and large-tier defense contractors as gains by financial shares led Wall Street to end its three-day stretch of declines. GovCon Index gainers outnumbered laggers by a roughly 3-to-1 ratio and nine of the GCI’s 11 S&P 500-listed companies closed …

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August 26 Market Close: GovCon Index Down, US Stocks Mixed After Fed Chair’s Hawkish Rate Hike Outlook

Executive Mosaic’s GovCon Index stumbled to negative in late morning trade Friday for a second straight weekly loss as U.S. stocks tried for gains shortly before the close after Federal Reserve Chair Janet Yellen told central bankers in Wyoming she believes the case has strengthened for another interest rate hike. Friday’s close …

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August 25 Market Close: GovCon Index Down on McKesson Plunge Despite L-3 Upgrade & Bullish JPMorgan Defense Stock Forecast

Executive Mosaic’s GovCon Index stumbled to negative late afternoon Thursday on a plunge in McKesson Corp. (NYSE: MCK) with other health stock declines despite an upgrade to L-3 Communications (NYSE: LLL) by JPMorgan and gains by other defense primes and government services providers. GovCon Index gainers outnumbered laggers by roughly 2-to-1 ratio and eight …

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August 23 Market Close: GovCon Index Held Down By Large Primes Against US Stock Gains

Executive Mosaic’s GovCon Index traded lower against across-the-board gains by U.S. stocks Tuesday as declines by large prime defense contractors weighed on the GCI. GovCon Index gainers edged laggers but only four of the GCI’s 11 S&P 500-listed stocks closed green as Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) ended as the …

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