Tag Archives: Northrop Grumman

Air Force Chooses 4 Firms for $486M Defense Security Systems IDIQ

The U.S. Air Force has awarded four companies positions on a potential seven-year, $486 million contract to support tactical defense systems at the branch’s force protection sites worldwide. USAF is obligating $5, 000 to each contractor at the time of award, the Defense Department said Thursday. L-3 Communications (NYSE: LLL), …

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January 29 Market Close: GovCon Index Rallies 1%, Jobless Claims Dip

The GovCon Index recovered some ground from a three-day stretch of losses Thursday with a gain of 0.868 points — or 1.191% percent — to close at 72.081. Boeing (NYSE: BA) was the index’s largest gainer at 5.8 percent or a second straight day and Northrop Grumman‘s (NYSE: NOC) stock jumped 2.16 percent after the company said profit …

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Northrop Profit Jumps 6% for 4Q, Full 2014 Fiscal Year

Northrop Grumman (NYSE: NOC) has announced financial results for its fourth quarter and full 2014 fiscal year ended Dec. 31, 2014. The Falls Church, Va.-based aerospace and defense contractor reported a 6-percent increase in profit for the quarter to $506 million from the prior year period. Profit also grew 6 percent …

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Heather Crofford Named VP, CFO of Northrop Unit; Ken Bedingfield Comments

Heather Crofford, formerly business management director for the cyber division of Northrop Grumman‘s (NYSE: NOC) information systems business,  will serve as vice president and chief financial officer of the enterprise shared services unit beginning March 9. The company said Monday she will succeed Donald McHugh Jr., who has joined Northrop joint …

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Bridget Coulon Named VP of Northrop’s Corporate Office, Enterprise Shared Services HR; Denise Peppard Comments

Bridget Coulon, formerly director of the electronic systems sector at Northrop Grumman (NYSE: NOC), has been named vice president of human resources for the company’s corporate office and enterprise shared services organization. She will report to Denise Peppard, corporate VP and chief HR officer, and be responsible for the corporate …

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Ron Foudray Named Northrop Info Systems BD VP; Kathy Warden Comments

Ron Foudray, formerly vice president of business development with the cyber division of Northrop Grumman (NYSE: NOC), has been named VP of business development for the company’s information systems sector. He will oversee the sector’s initiatives to identify, assess and capture business opportunities across targeted growth areas worldwide, Northrop said …

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Jeff Yorsz Joins QinetiQ NA as President

Jeff Yorsz, a former general manager at Northrop Grumman‘s (NYSE: NOC) Adaptive Optics Associates subsidiary, has been appointed president of defense technology firm QinetiQ North America. He will be responsible for all aspects of business operations and strategic programs in his new position, QNA said Tuesday. “Historically QNA has developed …

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Mary Petryszyn: Japan to Order Northrop Hawkeye, Global Hawk ISR Planes

The Japanese government intends to buy Northrop Grumman-built (NYSE: NOC) E-2D Hawkeye and RQ-4 Global Hawk aircraft through a foreign military sales program run by the U.S. Defense Department. Northrop said Sunday the Japanese defense ministry chose the two aircraft platforms to support the agency’s intelligence, surveillance and reconnaissance operations. …

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Thomas Jones Named Northrop VP, GM of Advanced Concepts and Technologies

Thomas Jones, formerly vice president of undersea systems at Northrop Grumman Corp. (NYSE: NOC), has been appointed as VP and general manager of advanced concepts and technologies within the company’s electronic systems sector. He will report to Gloria Flach, corporate VP and president of Northrop’s electronic systems, and be responsible …

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John Parker: Northrop Awarded $964M to Support USAF Ballistic Missile Subsystems

Northrop Grumman (NYSE: NOC) has been awarded a potential five-year, $963.5 million contract to support ground subsystems of the U.S. Air Force‘s Minuteman III intercontinental ballistic missiles. The company said Wednesday it will provide management, system analysis, engineering, technical assistance and emergency response services for the ICBM program. John Parker, …

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