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Tag Archives: Northrop Grumman

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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NGC Returns Carrier to Navy

Northrop Grumman Corporation (NYSE:NOC) has returned the nation’s newest nuclear-powered aircraft carrier, USS George H.W. Bush (CVN 77), to the U.S. Navy after completing modernization and maintenance work provided during the ship’s post shakedown availability and selected restricted availability (PSA/SRA). The company’s Shipbuilding sector in Newport News, Va., was the …

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NGC Maritime Laser Weapon Moving Forward

Northrop Grumman Corporation (NYSE:NOC) has made gains with the Maritime Laser Demonstration (MLD) system currently under development.  MLD has passed two milestone reviews by the Office of Naval Research, pointing to the future success of the program. “These reviews indicate that our MLD design should meet the Navy’s objectives in …

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Northrop Grumman Awarded Major AF Contract

Northrop Grumman Corporation (NYSE:NOC) and Kellogg Brown & Root, Inc (KBR) 50/50 joint venture Vinnell, Brown & Root LLC (VBR) have been awarded a contract to provide base operations support services for U.S. Air Forces in Europe. The deal could be worth as much as $335 million over four-plus years. …

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