Tag Archives: Northrop Grumman

Weekly Roundup Sept 21 – Sept 25 2015: ULA Acquisition Talk Bubbles Again, OPM’s Latest Hack Revelation & more

Weekly Roundup Sept 21 – Sept 25 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Could GovCon see at least one more blockbuster merger-and-acquisition deal in 2015? One week after Aerojet Rocketdyne’s $2 billion bid for the United Launch Alliancewas rejected, the propulsion technology …

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Northrop Receives Orbital ATK Space Components for Webb Telescope

TYSONS CORNER, VA September 23, 2015 — ExecutiveBiz reported Tuesday on Orbital ATK’s (NYSE: OA) delivery of the fuel and oxider tanks it has designed for Northrop Grumman (NYSE: NOC), who will outfit the space components on the James Webb Space Telescope as the prime contractor of the NASA program. Orbital …

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Northrop Picks Kitron for F-35 Avionics Subassemblies

TYSONS CORNER, VA September 22, 2015 — Northrop Grumman (NYSE: NOC) has selected Kitron SA of Norway as its supplier of electronic components for the Lockheed Martin (NYSE: LMT) F-35 fighter aircraft’s communications, navigations and identification platform, ExecutiveBiz reported Monday. Northrop said the cooperative agreement has an ordering period through June …

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DHS Awards 3 New CDM Contracts to Northrop, Booz Allen, HP

The Department of Homeland Security has awarded three new task order contracts worth $140 million combined to Northrop Grumman, Booz Allen Hamilton and Hewlett-Packard for the implementation of continuous diagnostics and mitigation services, FCW reported Monday. Mark Rockwell writes these awards are the third, fourth and fifth contracts under the continuous-monitoring-as-a-service blanket …

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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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