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Tag Archives: Northrop Grumman

Northrop Grumman Starts Week with Navy Work in Hand

According to the Department of Defense, “Northrop Grumman (NYSE: NOC) is being awarded a $25, 575, 767 cost-plus-fixed-fee delivery order against a previously issued basic order agreement (N00019-10-G-0004) for the design and development of the airborne sense and avoid capability for the Broad Area Maritime Surveillance (BAMS) unmanned aircraft system …

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Northrop Grumman Bids for $800 Million Air Force Deal

Northrop Grumman (NYSE:NOC) submitted a bid for the Air Force’s Air and Space Operations Center modernization program. The deal carries a value exceeding $800 million over eight years. According to the firm, “the program is a weapon system modernization effort to integrate mission services into a common computing environment built …

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Financial Announcement from Northrop Grumman

Northrop Grumman released the following statement: “The board of directors declared a quarterly dividend of $0.47 per share on Northrop Grumman common stock, payable March 12, 2011, to shareholders of record as of the close of business Feb. 28, 2011.”

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Northrop Grumman Books Unmanned Aircraft Deal with Navy

Northrop Grumman (NYSE:NOC) secured a Navy contract worth $3.3 million to participate in the Unmanned Aircraft System Control Segment Architecture Working Group. According to the firm, “the UCSWG will provide increased UAS command and control capability to the warfighter at lower cost by using an open system architecture approach across …

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Northrop Grumman Reports ‘Strong Finish’ in 2010; CEO Wes Bush Remarks

Northrop Grumman (NYSE: NOC) announced fourth-quarter 2010 earnings from continuing operations to reached $376 million, compared to $375 million in the fourth quarter of 2009. According to the firm, “fourth-quarter 2010 results included a previously announced one-time, pretax charge of $231 million, or $0.51 per diluted share, principally related to …

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Boeing, Northrop Grumman Snag DoD Deals

According to the Department of Defense, “Boeing (NYSE: BA) was awarded a $23, 127, 911 contract modification, which will procure various test assets and hardware for aircraft integration efforts for the F-16 Block 40/50, F-22, F-35, and the Small Diameter Bomb Increment I programs.  At this time, the entire amount …

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Monday DoD Winners Include Northrop Grumman, ITT

According to the Department of Defense, “Northrop Grumman (NYSE: NOC) was awarded a $14, 762, 658 cost-plus-award-fee contract.  The award will provide for engineering changes to the Army – Defense Integrated Human Resource System, Personal and Pay System contract for information technology services.  Work will be performed in Alexandria, Va., …

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Thursday DoD Winners Include Raytheon, Northrop Grumman

According to the Department of Defense, “Northrop Grumman (NYSE: NOC) was awarded a $41, 989, 171 contract modification for the Solid Rocket Motor (SRM) warm line fiscal 2011 production requirement.  With the completion and shutdown of the Propulsion Replacement Program (PRP), Congress expressed the desire to maintain the critical skills …

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SAIC, Northrop Grumman, Booz Allen Ink Defense Contracts; General Dynamics Wins Pair

According to the Department of Defense, “General Dynamics (NYSE: GD) is being awarded a $198, 711, 000 firm-fixed-price, indefinite-delivery/indefinite-quantity contract for the manufacture and delivery of 120mm mortar ammunition for the U.S. Marine Corps Expeditionary Fire Support System.  Work will be performed in La Ferte, Saint-Aubin, France (50 percent); St. …

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Northrop Grumman Hires Helen Pickup to Lead Italia Business

Northrop Grumman (NYSE: NOC) named Helen Pickup to serve as general manager of Northrop Grumman Italia (NGI), the firm’s Italy-based navigation systems subsidiary. According to the firm, “Pickup will be responsible for all programs and operations at NGI, which provides high-accuracy inertial navigation systems, integrated navigation and safety systems, tactical …

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