Home / Tag Archives: Northrop Grumman (page 110)

Tag Archives: Northrop Grumman

Northrop Grumman Wins Army Work

According to the Department of Defense, “Northrop Grumman (NYSE: NOC) was awarded a $16, 732, 693 firm-fixed-price contract.  The award will provide for the procurement of vehicle intercom communication, vehicle testing, ten percent spares, and a contractor-provided field service representative for the Saudi Arabian National Guard.  Work will be performed …

Read More »

Northrop Grumman Enters $1 Billion Deal with Goldman Sachs

Northrop Grumman (NYSE: NOC) announced that it has entered into a $1 billion accelerated share repurchase agreement with Goldman, Sachs & Co. “This transaction will immediately reduce outstanding shares by approximately five percent and demonstrates our continued commitment to value creation through effective cash deployment, ” CEO Wes Bush said. …

Read More »

BAE Adds Northrop Grumman to JLTV Team

BAE Systems announced today it has added Northrop Grumman (NYSE: NOC) to its Joint Light Tactical Vehicle team. The team currently consists of BAE Systems, Navistar Defense and Meritor Defense. Northrop Grumman will serve as the C4ISR lead. “Our decision to team with one of the world’s leaders in C4ISR …

Read More »

Northrop Grumman’s Wes Bush Comments on ‘Very Productive’ Quarter

Northrop Grumman (NYSE: NOC) first quarter 2011 results earnings from continuing operations increase to $496 million, up from $410 million in the first quarter last year. First quarter 2011 sales totaled $6.7 billion compared with $6.9 billion in the prior year period. “This was a very productive quarter, ” CEO …

Read More »

Monday DoD Winners Include Northrop Grumman, L-3

According to the Department of Defense, “Northrop Grumman (NYSE: NOC) is being awarded $16, 510, 592 for modification P00008 under a previously awarded cost-plus-fixed-fee completion contract (N00030-11-C-0004) for the Gas Generator Initiation System design and development, for common missile compartment.  Work will be performed in Sunnyvale, Calif. (85 percent), and …

Read More »

Northrop Grumman Secures Pair of DoD Deals

According to the Department of Defense, “Northrop Grumman (NYSE: NOC) is being awarded a $55, 704, 295 modification to a previously awarded contract (N63394-10-C-5006) for operation and maintenance services for the combined tactical training ranges.  Services will be required at shore sites, land-based test facilities, and aboard ships in ports …

Read More »

Northrop Grumman to Continue Army Software Work with $77.9M Deal

Northrop Grumman (NYSE:NOC) won a $77.9 million contract from the Army to continue providing software development and lifecycle support for the Air and Missile Defense Workstation. AMDWS provides “a composite air defense picture to warfighters and air and missile defense planning and situational awareness capabilities throughout the Army.” According to …

Read More »

Northrop Grumman Inks $99 Million Air Base Support Contract

Northrop Grumman (NYSE:NOC) secured a five-year contract worth $99 million from Air Force Central Command to perform base security operations and support services at overseas U.S. air bases. According to the firm, Northrop Grumman oversee different training, management and administrative tasks. “We are extremely pleased to be selected by our …

Read More »

Northrop Grumman Picks Up Two Defense Deals

According to the Department of Defense, “Northrop Grumman (NYSE: NOC) is being awarded an $11, 122, 949 fixed-price contract for components and spares for the MK39 MOD 3A gyrocompass.  This effort is for the Government of Taiwan (100 percent) under the Foreign Military Sale Program.   Funding is provided by the …

Read More »

Northrop Claims Lucrative New Navy Deal

According to the Department of Defense, “Northrop Grumman (NYSE: NOC) is being awarded a $94, 629, 000 modification to definitize a previously awarded advance acquisition contract (N00019-10-C-0044) to a fixed-price.  In addition, this modification provides for the manufacture and delivery of four low rate initial production Lot 4 E-2D Advanced …

Read More »