Tag Archives: Northrop Grumman

Roman Hachkowski Joins Northrop as AOA Xinetics GM

TYSONS CORNER, VA September 21, 2015 — Optical systems veteran Roman Hachkowski has been appointed general manager of AOA Xinetics, a business unit of Northrop Grumman (NYSE: NOC), GovCon Executive reported Friday. Northrop said Thursday Hachkowski will use his experience to help widen the market for the security and defense photonic products business. He holds a doctorate …

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Weekly Roundup Sept 14 – Sept 18 2015: 2015 GovCon Award Nominations Are In, No Deal for ULA & more

Weekly Roundup Sept 14 – Sept 18 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The list of this year’s Greater Washington Government Contractor Award finalists came out this week and the category of companies with more than $300 million in annual revenue …

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Northrop to Spend Another $4B on Stock Buyback Plan

The board of directors at Northrop Grumman (NYSE:NOC) has approved a plan to repurchase as much as $4 billion of common shares. Northrop said Wednesday it will buy back stock from time to time, depending on market conditions and subject to authorization from the management team. The company can transact …

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Air Force, Northrop Redraw B-2 Aircraft Maintenance Sched

TYSONS CORNER, VA September 16, 2015 — Northrop Grumman (NYSE: NOC) and the U.S. Air Force have forged an agreement to work toward a more efficient maintenance schedule for the B-2 aircraft, ExecutiveBiz reported Tuesday. Northrop said the redrawn accord lengthens the time in between end-to-end overhauls to nine yeas, …

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Eric Scholten Appointed Northrop Aerospace Systems Sector VP, Controller

Eric Scholten, formerly director of business management at Northrop Grumman (NYSE: NOC), has been named vice president and controller for Northrop’s aerospace systems sector. Northrop said Monday he will report to Sunil Navale, VP of business management and chief financial officer for the aerospace systems sector. Scholten will oversee the finance, budgets, management, government relations, …

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September 14 Morning Report: GovCon Index Opens at 72.702 After Friday Gains

The GovCon Index closed at a gain of 0.434 points to 72.702 in Friday trading. All three major indices in the U.S. recorded modest gains as investors continued to anticipate the Federal Reserve‘s meeting later this week, Bloomberg reported. The Standard & Poor’s 500 composite index rose 2.1 percent for its best month since July. Executive Mosaic’s GovCon Index tracks …

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September 11 Market Close: GovCon Index, US Stocks Up as Fed Anticipation Grows

The GovCon Index held onto gains incurred in the early afternoon part of Friday’s trading session to close at a gain of 0.434 points to 72.702. Friday was a light-volume day for U.S. markets as all three major indices recorded modest gains and investors continued to anticipate the Federal Reserve‘s meeting Wednesday and Thursday, …

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8 Win DHS Mobile Security R&D Project

TYSONS CORNER, VA September 11, 2015 — ExecutiveBiz reported Thursday on the Department of Homeland Security awarding research contracts worth $10.4 million in total to help improve mobile devices in the federal workplace. HRL Laboratories, Kryptowire, Northrop Grumman (NYSE: NOC) and the United Technologies Research Center will work on the R&D project …

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Northrop Team to Bid for Australian Military Satcom Contract

TYSONS CORNER, VA September 1, 2015 — Northrop Grumman (NYSE: NOC) has announced a joint bid team with ViaSat and Optus for Australia’s military satellite communications program, ExecutiveBiz reported Monday. Northrop said it will offer a network management system compatible to the Wideband Global SATCOM system put to use by …

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Northrop Unit to Integrate Components of Navy’s EOD Robot Increment 1

A Northrop Grumman (NYSE: NOC) business unit will provide procurement and integration support to the U.S. Navy under a $14.1 million contract for the Advanced Explosive Ordnance Disposal Robotic System dismounted operations variant. The Defense Department said Monday Northrop Grumman Systems will procure and integrate AEODRS Increment 1 components such as the communications link,  handheld …

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