Tag Archives: Northrop Grumman

Lockheed Named Largest Contract Recipient in DOD’s Fiscal 2019 State-Level Spending Report

FY 2019 defense spending by state report

A state-by-state analysis of Department of Defense spending showed Lockheed Martin (NYSE: LMT), Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) took the first three spots on a list of top 10 contract awardees during fiscal year 2019. The list also includes General Dynamics (NYSE: GD), BAE Systems, Huntington Ingalls Industries (NYSE: HII), Humana (NYSE: HUM), L3 Technologies, which now operates as L3Harris Technologies (NYSE: LHX) after it merged with Harris, Raytheon and United Technologies Corp. Raytheon and UTC merged in April 2020 and the combined entity now runs as Raytheon Technologies (NYSE: RTX).

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State Department Clears $104M Sale of Northrop-Made Large Aircraft IR Countermeasure Tech to Egypt

Northrop LAIRCM system

The State Department has approved a potential $104M foreign military sale to Egypt of one Northrop Grumman-built (NYSE: NOC) system for protecting aircrews from incoming infrared threats. The Egyptian government asked to buy an AN/AAQ-24(V)N Large Aircraft Infrared Countermeasures system for integration onto the country's head-of-state airplane, the Defense Security Cooperation Agency said Tuesday.

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EM’s Weekly Roundup: Veritas Capital Strikes $3.4B Deal for Northrop’s Federal IT, Mission Support Business; Leidos Wins $1.7B FAA Contract; John Ratcliffe Talks Space Force; Kathy Warden Named AIA Board Chair; Top Ten GovCon Recruiters Announced

Jim Garrettson, CEO of Executive Mosaic

Oroco Capital to Buy AECOM Civil Construction Business; Troy Rudd Quoted AECOM has entered into a definitive agreement to sell its civil construction business, including the Shimmick Construction unit, to Oroco Capital. AECOM said Thursday it expects to complete the sale in January upon the satisfaction of customary closing conditions. ArchIntel Releases Extended Competitive Intelligence …

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Golden Key Group Secures $110M Contract for Commerce Dept HR Support Services

Golden Key Group

Reston, Virginia-based professional services firm Golden Key Group and its five teaming partners will provide managed human resource services to the Department of Commerce under a potential six-year, $110M contract. GKG partnered with IBM (NYSE: IBM), Northrop Grumman (NYSE: NOC), Lindholm & Associates, OBAN and ManpowerGroup to support the department's HR operations via the Personnel Action Request, Payroll, and Benefits Services contract.

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Northrop to Support NASA UAS Data Collection Test Under $70M Contract

Northrop

Northrop Grumman (NYSE: NOC) has landed a five-year, $70M contract to help NASA's Armstrong Flight Research Center integrate sensor technology onto unmanned aircraft. The company will perform engineering, production and technical services under the Global Hawk Skyrange program aimed at demonstrating an alternative approach to collect data with the high-altitude, long-endurance aircraft, the agency said Wednesday.

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Kathy Warden Named AIA Board Chair, Mike Petters to Serve as Vice Chair

Kathy Warden CEO Northrop Grumman

Kathy Warden – chairman, CEO and president of Northrop Grumman (NYSE: NOC) and a 2020 Wash100 winner -- has been appointed to succeed Kelly Ortberg as chairman of the Aerospace Industries Association's board of governors. AIA named Mike Petters, president and CEO of Huntington Ingalls Industries (NYSE: HII) and a previous Wash100 awardee, as vice chairman.

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