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Tag Archives: Northrop Grumman

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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Northrop Grumman Lands $550M Deal

Northrop Grumman has landed a $550 million dollar pact with the U.S. Army to continue training and modernization of the Saudi Arabian National Guard (SANG). The half-billion-dollar deal contains fixed-fee and firm-fixed-price elements. “Our U.S. Army customer not only has selected a trusted partner who will continue to provide them …

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Webb Space Telescope Closer to Taking Flight

After a lengthy process, Northrop Grumman has announced the first primary mirror segment of NASA’s James Webb Space Telescope has met flight specifications at ambient temperatures. “This milestone marks the culmination of an intensive six-year manufacturing effort, ” said Scott Willoughby, Webb telescope Program Manager for Northrop Grumman Aerospace Systems …

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Northrop Grumman Wins Brunei C4ISR Contract

Northrop Grumman Corporation has won a contract from the Ministry of Defence of Brunei Darussalam to provide a Joint Operations Centre command of the Brunei Armed Forces (RBAF). Under the contractor, Northrop Grumman will supply an integrated Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR) headquarters system and a …

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Northrop Grumman To Provide $1 Million in Earthquake Relief to Haiti

Northrop Grumman Corporation has announced that it will donate up to $1 million to help earthquake relief efforts in Haiti. The company will provide $500, 000 through five agencies supporting the Haiti recovery effort: AmeriCares, American Red Cross International, World Vision International, Care and the Yele Haiti Earthquake Fund. The company …

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