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Tag Archives: Northrop Grumman Innovation Systems

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 …

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Northrop, SSL, Sierra Nevada Awarded NASA Small Spacecraft Dev’t Contracts

Northrop Grumman’s (NYSE: NOC) innovation systems sector, Sierra Nevada and Maxar Technologies’ (NYSE: MAXR) SSL have each won a potential five-year, $750M contract to develop small and medium satellites, payloads, spacecraft subsystems, buses, software and ground platforms for NASA. NASA announced the awardees under the Small Spacecraft Prototyping Engineering Development and …

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Northrop Grumman Innovation Systems Concludes 9th ISS Cargo Resupply Mission

TYSONS CORNER, VA, August 1, 2018 — A Northrop Grumman Innovation Systems-built (NYSE: NOC) Cygnus spacecraft that launched in May to deliver an estimated 7,400 pounds of supplies to the International Space Station and perform secondary space missions reentered Earth’s atmosphere Monday after a 52-day stay at the space observatory, ExecutiveBiz …

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Northrop Reports 10% Rise in Q2 2018 Sales; Wes Bush Comments

Northrop Grumman (NYSE: NOC) posted $7.1 billion in sales for the second quarter of fiscal 2018, up 10 percent from the same period last year. The company said Monday it recorded $689 million in Q2 net earnings, showing a 24 percent increase from the prior year period, and saw its backlog …

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Northrop Closes Orbital ATK Purchase; Blake Larson Named Innovation Systems Sector President

Northrop Grumman (NYSE: NOC) wrapped up its approximately $9.2 billion purchase of Orbital ATK on Wednesday and will now run the newly acquired company as its fourth business sector called Northrop Grumman Innovation Systems. Blake Larson, most recently chief operating officer at Orbital ATK, has been elected by the board as …

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FTC Clears Northrop’s Orbital ATK Purchase

The Federal Trade Commission has given Northrop Grumman (NYSE: NOC) antitrust approval to proceed with its proposed $9.2 billion acquisition of Orbital ATK (NYSE: OA). Northrop said Tuesday the FTC clearance calls for it to make solid-rocket motors available to competitors on “a non-discriminatory basis” and that it expects to close the deal …

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Kathy Warden: Northrop to Form Innovation Systems Unit After Orbital ATK Purchase

Kathy Warden, president and chief operating officer at Northrop Grumman (NYSE: NOC), has said the company will establish a new business sector once the Falls Church, Virginia-based defense contractor completes the $9.2 billion purchase of Orbital ATK (NYSE: OA), Inside Defense reported Thursday. Warden told analysts Thursday that Blake Larson, COO …

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