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Tag Archives: noc

Northrop Grumman Approves Spin-off; CEO Wes Bush Comments

Northrop Grumman’s (NYSE: NOC) board of directors has approved the spin-off of its wholly-owned subsidiary, Huntington Ingalls Industries, to Northrop Grumman stockholders. According to the firm, the move is subject to final SEC clearance. “We have determined that a spin-off of our shipbuilding business will best serve our shareholders, customers …

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Lockheed Martin Pens Subcontract with Northrop Grumman

Lockheed Martin (NYSE: LMT) signed a $12.5 million, one-year subcontract from Northrop Grumman (NYSE: NOC) for “refurbishment of reentry vehicle arming and fuzing assemblies for the U.S. Air Force’s Minuteman III Intercontinental Ballistic Missile system.” As part of the deal, the firm will replace components, refurbish and test the assemblies. …

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Northrop Picks James Mocarski to Lead EO/IR Targeting

Northrop Grumman (NYSE:NOC) named James B. Mocarski, vice president of Electro Optical/Infra Red Targeting Systems in the Electronic Systems sector. Mocarski will head up all EO/IR Targeting Systems program activities and business growth strategies. According to the firm, “Mocarski brings 22 years of knowledge and experience in product development, strategic …

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Northrop Grumman Secures Work North of the Border

Northrop Grumman (NYSE:NOC) secured a contract to supply bridge navigation systems for nine new Canadian Coast Guard mid-shore patrol vessels. The deal, worth $3 million (USD) was awarded to Northrop Grumman’s Sperry Marine business unit. “We’ve maintained an outstanding working relationship with the Canadian Coast Guard and Navy as a …

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Wyle, Northrop Grumman Team for Air Force Work

Wyle and Northrop Grumman (NYSE:NOC) teamed for work on a pair of deals worth almost $2 million under the Air Force’s A-10 Thunderbolt Life-cycle Program Support ID/IQ. The first task order covers work on the A-10’s operational safety, suitability and effectiveness program.  The second, called the Critical Safety Item Technical …

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Northrop Grumman to Protect Australian Aircraft

Northrop Grumman (NYSE: NOC) secured a contract from the Australian Defence Materiel Organisation “to provide integrated airfield and asset protection solutions for the Royal Australian Air Force C-17 aircraft.” For the task, the firm will use its Expeditionary Tactical Automated Security System, called “ExTASS, ” to protect the aircraft. “This …

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Northrop Grumman Locks Up $206 Million Navy Contract

According to the Department of Defense, “Northrop Grumman (NYSE: NOC) is being awarded a $206, 748, 092 cost-plus-fixed-fee option under existing previously awarded contract (N00024-10-C-2110) for continuation of advance planning efforts to prepare and make ready for the refueling complex overhaul of USS Abraham Lincoln (CVN 72).  This effort will …

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Northrop Books Trio of DoD Deals

According to the Department of Defense, “Northrop Grumman (NYSE: NOC) is being awarded a $34, 941, 216 cost- plus-incentive-fee undefinitized contract action for non-recurring engineering efforts required to design, integrate, and test all hardware, firmware, and software changes required to incorporate advanced threat warning into the current the Department of …

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EADS Reacts to Tanker Decision

Following the Air Force’s decision to issue the $35 billion KC-X tanker deal to Boeing (NYSE: BA), EADS North America officials expressed disappointment over the outcome. “This is certainly a disappointing turn of events, and we look forward to discussing with the Air Force how it arrived at this conclusion, …

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Boeing Cleared for Takeoff with $35 Billion KC-X Tanker Project

The Department of Defense named Boeing (NYSE: BA) the winner of the $35 billion KC-X Tanker contract issued by the Air Force. The firm plans to use the KC-767 aircraft for the project. The first contract awarded carries a value of $3.5 billion calls for the delivery of 18 aircraft …

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