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Tag Archives: noc

Northrop Grumman Reports ‘Strong Finish’ in 2010; CEO Wes Bush Remarks

Northrop Grumman (NYSE: NOC) announced fourth-quarter 2010 earnings from continuing operations to reached $376 million, compared to $375 million in the fourth quarter of 2009. According to the firm, “fourth-quarter 2010 results included a previously announced one-time, pretax charge of $231 million, or $0.51 per diluted share, principally related to …

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Boeing, Northrop Grumman Snag DoD Deals

According to the Department of Defense, “Boeing (NYSE: BA) was awarded a $23, 127, 911 contract modification, which will procure various test assets and hardware for aircraft integration efforts for the F-16 Block 40/50, F-22, F-35, and the Small Diameter Bomb Increment I programs.  At this time, the entire amount …

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Thursday DoD Winners Include Raytheon, Northrop Grumman

According to the Department of Defense, “Northrop Grumman (NYSE: NOC) was awarded a $41, 989, 171 contract modification for the Solid Rocket Motor (SRM) warm line fiscal 2011 production requirement.  With the completion and shutdown of the Propulsion Replacement Program (PRP), Congress expressed the desire to maintain the critical skills …

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SAIC, Northrop Grumman, Booz Allen Ink Defense Contracts; General Dynamics Wins Pair

According to the Department of Defense, “General Dynamics (NYSE: GD) is being awarded a $198, 711, 000 firm-fixed-price, indefinite-delivery/indefinite-quantity contract for the manufacture and delivery of 120mm mortar ammunition for the U.S. Marine Corps Expeditionary Fire Support System.  Work will be performed in La Ferte, Saint-Aubin, France (50 percent); St. …

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Northrop Grumman Hires Helen Pickup to Lead Italia Business

Northrop Grumman (NYSE: NOC) named Helen Pickup to serve as general manager of Northrop Grumman Italia (NGI), the firm’s Italy-based navigation systems subsidiary. According to the firm, “Pickup will be responsible for all programs and operations at NGI, which provides high-accuracy inertial navigation systems, integrated navigation and safety systems, tactical …

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Double the Defense Work for Northrop Grumman

According to the Department of Defense, “Northrop Grumman (NYSE: NOC) was awarded a $49, 694, 900 contract, which will research, develop and deliver an integrated software solution that improves upon the targeting functionality currently performed by Air Force and joint targeting automation software.  At this time, $2, 173 has been …

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Northrop’s Bob Brammer Discusses Firm’s New Cloud Security Plans

Northrop Grumman (NYSE:NOC) outlined a new methodology for strengthening data security in the “cloud” during the 6th Annual SANS Institute Cyber Defense Initiative conference. The firm rolled out its new “Cyber Architecture Reference Series, ” an approach to creating the tightest security possible for public and private clouds. “Although many …

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Northrop Grumman Still Seeking Shipbuilding Solution

Northrop Grumman (NYSE: NOC) released the following financial statement: The firm “will announce its fourth quarter 2010 and year-end financial results on Wednesday, Feb. 9, 2011.  The company’s conference call will be held at 10:30 a.m. ET the same day. “The conference call will be webcast live on Northrop Grumman’s …

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Northrop Grumman, BAE Systems Grab DoD Deals; SAIC Snags Pair

According to the Department of Defense, “Northrop Grumman (NYSE: NOC) was awarded a $45, 996, 375 contract modification for the advance procurement long lead items associated with two (2) Block 30 and two (2) Block 40 Global Hawk Air Vehicles, two (2) in-line Airborne Signals Intelligence Payloads, two (2) Multi-Platform …

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Northrop Grumman Names Jennifer McGarey Corp. VP, Secretary

Northrop Grumman’s (NYSE: NOC) board of directors elected Jennifer C. McGarey to the position of corporate vice president and secretary. She will report to General Counsel Sheila C. Cheston. “I am delighted to welcome Jennifer McGarey to our leadership team, ” Cheston said. “Her experience as a corporate secretary, as …

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