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Tag Archives: noc

Northrop Wins $103M Natl. Guard Training Support Contract

Northrop Grumman Corp. (NYSE: NOC) has won a potential $103 million contract from the U.S. Interior Department to support Army National Guard training programs. Northrop said the contract has one base year and two one-year options. Northrop will provide mission command systems training and mission rehearsal at Fort Leavenworth, Kan., …

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Navy Picks Date to Award $690M SPAWAR Network Contract

The U.S. Navy‘s Space and Naval Warfare Systems Command will award a $690 million contract for shipboard networks on Feb. 1, NextGov reports. At a Jan. 25 conference in San Diego, where SPAWAR is based, Capt. D.J. LeGoff said either Lockheed Martin Corp. (NYSE: LMT) or Northrop Grumman Corp. (NYSE: …

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Northrop Promotes Infrastructure, IT Vet to Lead C3I Systems

Northrop Grumman Corp. (NYSE: NOC) has appointed Pat Camacho vice president of integrated command, control, communications and intelligence systems, the company announced Thursday. Northrop said the 32-year company veteran will lead the defense systems business unit for net-centric operational command and control systems. He will report to Mike Twyman, vice …

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Northrop Awarded $69M to Complete Navy ADM Project

Northrop Grumman Corp. (NYSE: NOC) has been awarded follow-on and additional task order contracts totaling $69 million from the U.S. Navy’s Office of Naval Research for the Navy’s Integrated Topside program. Northrop reported the $66 million option award for the first contract will fund the continued development and integration of …

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Northrop Grumman Latest Firm on DOJ IT Project

Northrop Grumman (NYSE:NOC) won a spot on the Department of Justice’s ID/IQ contract for IT solutions. The work will continue to modernize and secure the department’s information systems while delivering more cost-effective and efficient IT operations. According to the firm, “Northrop Grumman is one of 20 companies selected to compete …

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Northrop Grumman Moves Forward with $372 Million Stealth Bomber Deal

Northrop Grumman (NYSE:NOC) is working on an antenna system that will “enable the B-2 Spirit stealth bomber to send and receive battlefield information securely by satellite up to 100 times faster than it can today.” The deal, awarded by the Air Force is valued at $372 million. “Our work on …

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Northrop Grumman Wins Army Work

According to the Department of Defense, “Northrop Grumman (NYSE: NOC) was awarded a $16, 732, 693 firm-fixed-price contract.  The award will provide for the procurement of vehicle intercom communication, vehicle testing, ten percent spares, and a contractor-provided field service representative for the Saudi Arabian National Guard.  Work will be performed …

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Northrop Grumman Enters $1 Billion Deal with Goldman Sachs

Northrop Grumman (NYSE: NOC) announced that it has entered into a $1 billion accelerated share repurchase agreement with Goldman, Sachs & Co. “This transaction will immediately reduce outstanding shares by approximately five percent and demonstrates our continued commitment to value creation through effective cash deployment, ” CEO Wes Bush said. …

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BAE Adds Northrop Grumman to JLTV Team

BAE Systems announced today it has added Northrop Grumman (NYSE: NOC) to its Joint Light Tactical Vehicle team. The team currently consists of BAE Systems, Navistar Defense and Meritor Defense. Northrop Grumman will serve as the C4ISR lead. “Our decision to team with one of the world’s leaders in C4ISR …

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Northrop Grumman’s Wes Bush Comments on ‘Very Productive’ Quarter

Northrop Grumman (NYSE: NOC) first quarter 2011 results earnings from continuing operations increase to $496 million, up from $410 million in the first quarter last year. First quarter 2011 sales totaled $6.7 billion compared with $6.9 billion in the prior year period. “This was a very productive quarter, ” CEO …

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