Tag Archives: noc

Boeing Scores Defense Deal; Northrop Grumman, General Dynamics Double Up

According to the Department of Defense, “Boeing (NYSE: BA) was awarded a $106, 354, 379 contract modification, which provides for the exercise of the Lot 7 option for small diameter bomb production for munitions, carriages and technical support. At this time, the entire amount has been obligated.  AAC/EBMK, Eglin Air …

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Northrop Grumman Makes Debt Moves

Northrop Grumman (NYSE: NOC) has released the following financial statement regarding a planned debt offering: “The NGSC Offers for $1.919 billion of NGSC debt securities (Notes) will terminate at 5 p.m., New York City time, on Nov. 8, 2010, unless terminated earlier or extended by NGSC. The NGSB Offer for $200 …

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Northrop Grumman Wins Engineering, Planning Deal for New Navy Amphib. Assault Ship

Northrop Grumman (NYSE:NOC) picked up a $48 million Navy contract for “advance procurement of long-lead materials and performance of engineering/planning efforts for LHA 7, the second in the Navy’s newest class of large-deck amphibious assault ships.” The firm will focus on engineering, planning and technical support. The Navy issued the …

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Northrop Grumman’s Ship Comes In: Pair of Navy Deals for Defense Giant

“Northrop Grumman (NYSE: NOC) is being awarded a $67, 145, 839 cost-plus-fixed-fee contract modification (62793-07-C-0001) for continuation of fiscal 2011 advance planning efforts to prepare and make ready for the defueling and inactivation of the USS Enterprise (CVN 65) and its reactor plants.  This effort will provide for all advanced …

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Northrop Grumman Releases Financial Announcement

Northrop Grumman has released the following financial statement: “Northrop Grumman Corporation (NYSE: NOC) reported that third-quarter 2010 earnings from continuing operations increased to $489 million, or $1.64 per diluted share, from $464 million, or $1.45 per diluted share, in the third quarter of 2009. Net earnings for the 2010 third …

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Lockheed Martin-Raytheon Team Moves Toward Bid; NGC, Orbital Join as GMD OEMs

Lockheed Martin (NYSE: LMT) and Raytheon’s (NYSE:RTN) assembled dream team of contractors is moving toward a bid for the U.S. Missile Defense Agency’s Ground-Based Midcourse Defense (GMD) Development and Sustainment contract. According to Lockheed Martin, Raytheon’s Reid Davis has been appointed deputy program manager for the Lockheed Martin-Raytheon GMD team. …

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Northrop Grumman Finalizes Purchase of New Corporate Office

Northrop Grumman (NYSE:NOC) finalized a deal to purchase 2980 Fairview Park Drive in Falls Church, Va., for $101.3 million. The building will serve as the firm’s new corporate office. The firm expects to open operations in the 14-story building by summer of 2011.

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Northrop Grumman Contracts Pro Cynthia Hyland on the Importance of Soft Skills

ExecutiveBiz spoke with Northrop Grumman (NYSE: NOC) contracts professional Cynthia Hyland about the importance of soft skills. “Technical skills are important, but they’re not everything. Especially when it comes to helping your team facilitate dialogue with government customers. “‘We try to look not only at technical skills, but interpersonal skills …

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Northrop Grumman, DLT Solutions Say ‘Ahoy!’ to Navy Contracts

According to the Department of Defense, “Northrop Grumman (NYSE: NOC) is being awarded a $62, 000, 000 cost-plus-fixed-fee not-to-exceed modification to previously awarded contract (N00024-06-C-2222) for advance procurement of long lead time materials in support of Landing Platform Dock 27.  Work will be performed in Pascagoula, Miss., and is expected …

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Northrop Grumman CEO Wes Bush to Speak at CSIS Oct. 19

Northrop Grumman (NYSE: NOC) CEO Wes Bush will give a speech for the Defense Industrial Initiatives Group of the Center for Strategic and International Studies (CSIS) on the topic of “The Defense Industrial Base: Current and Future Issues.” The event will take place Oct. 19 from noon-1 p.m. in Washington, …

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