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Tag Archives: Northrop Grumman

May 23 Market Close: GovCon Index Hits 30 Day High and S&P Close to 2,400

The Executive Mosaic GovCon Index closed up for the fourth consecutive with the advancers outpacing the decliners 3 to 1. The GovCon Index reached 30 day high of 94.234, up 0.367 percent. All the U.S. indices were up on the day as the S&P500 came within 2 points of breaking 2,400. Markets …

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Northrop Grumman: HAMMR Multi-Mission Radar Capability Demonstrated During US Army’s C-RAM Test

At Yuma Proving Ground earlier this year, the U.S. Army selected Northrop Grumman Corporation’s (NYSE: NOC) Highly Adaptable Multi-Mission Radar (HAMMR) to demonstrate the multi-mission capability of the 2017 counter-rocket, artillery and mortar (C-RAM.) HAMMR incorporates an Active Electronically Scanned Array fighter radar mounted on a ground vehicle or towable …

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May 22 Market Close: GovCon Index and Market Indices Post Another Positive Day

For the most part all the stock on The Executive Mosaic GovCon Index ended positive for the day as President Trumps Middle East visit shows promise of increased business. Booz Allen Hamilton lead the gains after posting strong Q4 and Full Year financial results. President Trumps visit to the Middle East further …

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Northrop Grumman Opens Aircraft IR Countermeasure Repair Facility in Australia

TYSONS CORNER, VA, May 22, 2017 — Northrop Grumman (NYSE: NOC) has opened a new facility in south Australia that will work to provide in-country repair and maintenance services for the Australian air force’s Large Aircraft Infrared Countermeasure systems, ExecutiveBiz reported Friday. The company said Thursday the Adelaide repair hub focused on …

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May 18 Market Close: Minor Positive Changes With GovCon Index and Market Indices

The Executive Mosaic GovCon Index moved downward contrary to major market indices. Decliners outpaced advancers 18 to 12. The major markets showed minor movement upward after recovering from significant drop yesterday. At market close WTI followed the markets to close up 0.39 percent to $49.26 as the Algerian Energy Minister indicated that …

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Northrop Showcases Tactical Decision Aids at INSA Event; Ginger Wierzbanowski Comments

TYSONS CORNER, VA, May 18, 2017 — Northrop Grumman (NYSE: NOC) has participated at the Intelligence and National Security Alliance’s 2017 Innovators’ Showcase earlier this month with a demonstration of two maritime security technologies, ExecutiveBiz reported Wednesday. The company said Tuesday it presented the Automated Real-Time Maritime Detection and Analysis and Blue Wide Area …

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GA-ASI’s Chris Pehrson Named to Advisory Council of New CNAS Defense Project

TYSONS CORNER, VA, May 17, 2017 — Chris Pehrson, vice president of strategic development at General Atomics’ aeronautical systems business, has been named to the advisory council for the Center for a New American Security’s Evolving the Future Force project, ExecutiveBiz reported Tuesday. CNAS said Monday the new initiative is part of its Defense …

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Northrop Lands $304M Navy Contract Modification to Manufacture Lot 2 Triton UAS

Northrop Grumman (NYSE: NOC) has been awarded a $303.9 million contract modification by the U.S. Navy for low-rate initial production of three lot 2 MQ-4C Triton unmanned aircraft systems The Defense Department said Tuesday the company will also provide one main operation control station, one forward operation control station, tooling and trade studies under the modification. …

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Northrop Grumman to Invest in Future Military Electronics Sustainment Facility in Australia

TYSONS CORNER, VA, May 16, 2017 — Northrop Grumman (NYSE: NOC) will invest $37.2 million to help establish a defense electronics maintenance and sustainment center in Australia to support the country’s military, ExecutiveBiz reported Monday. The company said Monday the future Electronic Sustainment Center of Excellence in western Sydney will work to sustain the …

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Northrop Gets $332M MDA Contract Modification for Missile Defense Technical Support

Northrop Grumman (NYSE: NOC) has received a potential one-year, $332 million contract modification from the Missile Defense Agency to continue to provide technical integration and operational support services for the ballistic missile defense system. The modification increases the contract’s total value from $3.85 billion to $4.18 billion and extends the …

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