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McAleese & Associates: Northrop Posts 16% Sales Growth Driven by Aerospace, Innovation Systems Segments

Consulting firm McAleese and Associates has released a report that provides an overview of the financial performance of Northrop Grumman (NYSE: NOC) during the fourth quarter and full year 2018. Northrop saw its 2018 sales jump 16 percent to $30B driven by sales growth at its innovation systems business and …

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Navy Picks 19 Firms for $12.6B CMMARS Aircraft Maintenance, Logistics Contract Vehicle

The U.S. Navy has awarded 19 companies spots on a potential seven-year, $12.6B contract vehicle for aircraft maintenance and logistics support services. The Contracted Maintenance, Modification, Aircrew and Related Services program covers logistical support for Navy and Air Force rotary-wing and fixed-wing aircraft, unmanned aerial vehicles, subsystems and related weapon …

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Northrop to Support Army Tactical Reconnaissance Radars Under $86M Contract

Northrop Grumman (NYSE: NOC) has received a potential four-year, $86.2M contract to provide support services for a radar system the U.S. Army uses in tactical reconnaissance missions. The company will support the military branch’s Starlite system through Jan. 31, 2023, under the hybrid cost-plus-fixed-fee and firm-fixed-price contract, the Department of Defense said …

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Craig Reed Named Serco Inc. SVP, Chief Growth Officer; Dave Dacquino Quoted

Craig Reed, a 35-year GovCon veteran, has joined Serco Group’s North American subsidiary as a senior vice president and chief growth officer. He will report to Dave Dacquino, chairman and CEO of Serco Inc., and lead business development and corporate strategy efforts such as mergers and acquisitions, market intelligence and …

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Eight Firms to Help Air Force Develop Open Architecture Standards

Eight companies have secured contracts worth $22.5M combined to develop, manage and update a set of Open Architecture standards for the U.S. Air Force. The contractors will work as a single entity to create and offer configuration control for Universal Command and Control Interface and Open Mission systems standards, the …

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Lucy Ryan Named Corporate VP for Comms; Kathy Warden Quoted

Lucy Ryan, formerly vice president of enterprise communications at Northrop Grumman (NYSE: NOC), has been promoted to corporate VP of communications in a move that takes effect Jan. 1. She will be responsible for implementing Northrop’s worldwide communications strategy in her new position and will also join its Corporate Policy Council, the company …

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Northrop Gets $450M IDIQ to Produce Threat Simulation Platforms for US, Foreign Military Clients

A Northrop Grumman (NYSE: NOC) subsidiary has received a potential seven-year, $450M contract from the U.S. Air Force to provide Joint Threat Emitter end-items, support equipment and spares for domestic and foreign military clients. Northrop’s Amherst Systems business will also provide training and testing support under the indefinite-delivery/indefinite-quantity contract, the Department …

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Harry Greenspun Named Guidehouse Chief Medical Officer; Scott McIntyre Quoted

Harry Greenspun, formerly chief medical officer at Korn Ferry‘s (NYSE: KFY) health business, has been appointed to the same position at Washington, D.C.-based management consulting services firm Guidehouse. He will leverage his executive and clinical leadership experience to support government and commercial clients in their health care transformation efforts, Guidehouse …

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Air Force Taps Northrop, Space Vector for $424M Suborbital Launch Services Contract

Northrop Grumman‘s (NYSE: NOC) innovation systems business, formerly Orbital ATK, and Space Vector have landed spots under a potential seven-year, $424M contract for suborbital launch services in support of the U.S. Air Force‘s Sounding Rocket Program-4. Efforts under the multiple-award, indefinite-delivery/indefinite-quantity, cost-plus-incentive-fee, firm-fixed-price and cost-plus-fixed-fee contract are intended to help USAF …

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Kathy Warden: Northrop to Merge Two Tech Services Business Areas Into One Entity

Kathy Warden, president and chief operating officer of Northrop Grumman (NYSE: NOC), has said the company will begin in 2019 to consolidate into a single unit its system modernization and advanced defense services areas that operate under its technology services business. Warden, a three-time Wash100 recipient, told analysts Wednesday during the company’s earnings …

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