Home / Tag Archives: Northrop Grumman Innovation Systems

Tag Archives: Northrop Grumman Innovation Systems

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 …

Read More »

Matt Desch: Rideshare Could Make Launch Opportunity for Iridium NEXT Ground Spare Satellites

TYSONS CORNER, VA, January 10, 2018 — Matt Desch, CEO of Iridium Communications (Nasdaq: IRDM), has indicated the possibility that the company will launch the six ground spare satellites in the Iridium NEXT constellation if there is an opportunity for a rideshare mission, ExecutiveBiz reported Friday. Space News reported Jan. …

Read More »

Northrop Increases Cannon Production Capacity With Arizona Plant Expansion

TYSONS CORNER, VA, December 14, 2018 — Northrop Grumman (NYSE: NOC) has nearly doubled the capacity at a facility in Arizona that houses the production of its Bushmaster medium-caliber cannons for military customers, as part of an expansion in the company’s innovation systems sector, ExecutiveBiz reported Thursday. The 36K-square-foot plant in …

Read More »