NASA intends to award a sole-source contract to Northrop Grumman’s (NYSE: NOC) innovation systems business to provide propulsion systems for the Mars Ascent Vehicle.
Read More »McAleese & Associates: Northrop Posts $65B in Total Backlog for Q3 2019
A new McAleese & Associates report says Northrop Grumman (NYSE: NOC) saw its year-to-date backlog rise 22 percent to $65B in the third quarter of 2019 and posted $8.5B in Q3 sales, reflecting a 5 percent increase from the same period last year.
Read More »Northrop Unit Lands $1.1B MDA Missile Target Supply Contract
Northrop Grumman's (NYSE: NOC) innovation systems sector has won a potential eight-year, $1.12B contract to manufacture threat-representative subscale targets and re-entry vehicles for the Missile Defense Agency.
Read More »McAleese & Associates: Northrop Reports $13.5B in New Orders for Q2 2019
A new McAleese & Associates report says Northrop Grumman (NYSE: NOC) reported $13.5B in new awards during the second quarter of 2019 with a total backlog of $63B and a book-to-bill ratio of 1.6x.
Read More »Northrop to Produce Lot 8 Anti-Radiation Guided Missiles Under $167M Navy Contract
Northrop Grumman’s (NYSE: NOC) innovation systems business has received a potential $167.3M contract from the U.S. Navy to produce 263 lot 8 Advanced Anti-Radiation Guided Missiles.
Read More »McAleese & Associates: Sales of Northrop Climbed 22% to $8.2B in Q1 2019
A new McAleese & Associates report says Northrop Grumman (NYSE: NOC) saw its sales rise 22 percent to $8.2B in the first quarter of 2019 and recorded a sector operating profit growth of 27 percent. Jim McAleese, founder and principal of McAleese & Associates and a 2019 Wash100 winner, wrote the Falls Church, Va.-based …
Read More »General Dynamics, Northrop Get Army Contract Modifications for Tank Training Ammo Cartridges
General Dynamics (NYSE: GD) and Northrop Grumman (NYSE: NOC) have secured contract modifications from the U.S. Army to supply new and recapitalized cartridges for 120mm tank training ammunition. The service awarded a potential $58.9M modification to General Dynamics’ ordnance and tactical systems business and a $36.8M modification to Northrop’s innovation …
Read More »Northrop Eyes 175 New Jobs Amid Rocket Engine Plant Expansion in Maryland, Mike Kahn Quoted
TYSONS CORNER, VA, March 18, 2019 — Northrop Grumman‘s (NYSE: NOC) innovation systems sector seeks to generate 175 new jobs in Cecil County, Md., in line with the expansion of its rocket engine manufacturing facility in Elkton, ExecutiveBiz reported March 5. The office of Maryland Gov. Larry Hogan said March …
Read More »Northrop Reports Synergies Amid Continued Integration of Acquired Orbital ATK Business
TYSONS CORNER, VA, February 5, 2019 — Northrop Grumman (NYSE: NOC) has pointed to progress in cost, operational and revenue synergy goals as it continues to integrate the Orbital ATK business it acquired in 2018, ExecutiveBiz reported Monday. SpaceNews reported Thursday that Northrop CEO Kathy Warden told analysts in an earnings …
Read More »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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