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Tag Archives: Northrop Grumman

NGC Wins Highest Workplace Safety Honor from U.S. Government

Northrop Grumman (NYSE:NOC) has been awarded the U.S. government’s highest rating for excellence in workplace health and safety. NGC’s Shipbuilding sector in Newport News, Va. achieved the prestigious STAR status, the highest level of recognition, from the Occupational Safety and Health Administration’s (OSHA) Voluntary Protection Program (VPP). According to NGC, …

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NGC Names Gloria Flach Corp. VP, President Enterprise Shared Services

Northrop Grumman (NYSE:NOC) has elected Gloria A. Flach to the position of corporate vice president and president of Enterprise Shared Services organization, effective March 1, 2010. “Gloria Flach is an outstanding executive whose strong leadership skills and operating experience will enable her to successfully guide this new Enterprise Shared Services …

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Lockheed, NGC Venture LONGBOW Wins Deal from AgustaWestland

Lockheed Martin [NYSE: LMT] and Northrop Grumman [NYSE: NOC] joint venture LONGBOW LLC, has won an $86 million contract from AgustaWestland to support LONGBOW FCR systems on the United Kingdom Apache AH Mk-1 aircraft. “The LONGBOW FCR is an essential element of U.K. Apache operations in Afghanistan, ” said Jerry …

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Northrop Bags Navy Life Cycle Deal

Northrop Grumman Corporation (NYSE: NOC) has won a $41.3 million cost-plus-fixed fee contract for life cycle engineering and support services on the U.S. Navy’s USS San Antonio (LPD 17) class of amphibious transport dock ships. With options, the contract has the potential value of $249.4 million. This is the second …

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New Haiti Images from NGC Global Hawk

The RQ-4 Global Hawk, Northrop Grumman Corporation’s (NYSE:NOC) unmanned reconnaissance aircraft system, has returned new images from its watch over Haiti. To date, the Global Hawk has flown six missions, approximately 130 hours, and provided more than 3, 600 images of Port-au-Prince and areas damaged by the massive earthquake and …

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Northrop Grumman Wins Navy Radar Deal

Northrop Grumman (NYSE:NOC) has received a full-rate production contract from the U.S. Naval Sea Systems Command for its AN/SPQ-9B shipboard radar systems, which will enhance detection and tracking of high-speed threats such as sea-skimming anti-ship missiles. Under the fixed-price $26.2 million contract, Northrop Grumman’s Naval and Marine Systems Division facility …

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Northrop Makes David Reith VP of Finance, Controller for Electronic Systems sector

Northrop Grumman Corporation (NYSE:NOC) has announced the appointment of David Reith as vice president of finance and controller for the company’s Electronic Systems sector, effective immediately. In his new role, Reith will provide controller oversight for the sector and will be in charge of all sector financial functions, including estimating …

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NGC Posts 4thQ 2009 Earnings

Northrop Grumman Corporation (NYSE:NOC) reported fourth quarter 2009 net earnings of $413 million, or $1.31 per diluted share, and 2009 net earnings of $1.7 billion, or $5.21 per diluted share. In 2008, the company reported a fourth quarter net loss of $2.5 billion, or $7.75 per diluted share, and a …

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NGC to Provide Cyrocoolers for ITT

Northrop Grumman Corporation (NYSE:NOC) has been selected by ITT Corporation (NYSE:ITT) to provide flight cryocoolers for the sensor payloads for two international weather satellites. The geostationary satellites will provide round-the-clock weather forecasts and severe weather alerts. Cryocoolers are used to reduce thermal noise in space-based sensors. The Northrop Grumman cooler …

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NGC’s Webb Telescope Passes Critical Test

The five-layer, tennis court-sized sunshield for the Northrop Grumman Corporation (NYSE:NOC) -built James Webb Space Telescope has passed the critical design review, certifying that its design is complete and meets mission requirements. By achieving thermal, deployment and stray-light targets, the sunshield is now ready for manufacturing. “Passing this review is the …

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