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Tag Archives: Northrop Grumman

Navy Taps Boeing, General Atomics, Lockheed & Northrop for Additional UCAAS Risk Reduction Work

TYSONS CORNER, VA, April 18, 2017 — The U.S. Navy has awarded separate contract modifications to Boeing (NYSE: BA), General Atomics, Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) for continued risk reduction work on the future MQ-25 unmanned carrier aviation air system, ExecutiveBiz reported Monday. The Defense Department said Thursday the Navy …

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April 17 Market Close: GovCon Index and Markets Rebound Strongly From Last Week

The Executive Mosaic GovCon Index turned in better than 1 percent gain on the day as advancing stocks closed 29 to 1 versus decliners. With the European markets closed the U.S. markets all closed strongly as investors geopolitical concerns dampened. At market close WTI was down $0.57 to $ 52.61 per barrel …

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April 17 Morning Report: GovCon Index and Markets End Short Trading Week Down

Last week was a short trading week with markets closed on Friday in observance of the Easter holiday. The markets fell as banks reported earnings and stocks were down. GovCon Index decliners outpaced advancers at a ratio of 6 to 1. At market close WTI was positive $0.07  to close …

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April 13 Noon Day Report:With Long Weekend Ahead GovCon Index and Markets up Slightly

At noon on the day prior to the long holiday weekend the Executive Mosaic GovCon Index is up slightly by 0.270 percent to 90.614. Advancing companies are outpacing decliners 18 to 12. As markets anticipate the long Easter weekend they are up slightly as JP Morgan Chase & Co. and Citigroup Inc. …

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Richard White, Robert Zitz, Tim Gillespie Take New Leadership Roles at SSL’s Govt Systems Business

Palo Alto, California-based satellite manufacturer Space Systems Loral has appointed three executives to oversee the company’s government systems business unit that provides support to U.S. government clients and related programs. Richard White, senior vice president of government systems at SSL, has been promoted to president of SSL Government Systems and will …

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April 11 Market Close:GovCon Index Up With Major Indices Slightly Down

The Executive Mosaic GovCon Index closed up for the fifth consecutive day to 91.308 positive 0.507 percent. The GovCon Index advancing companies outpaced decliners 4 to 1. The major markets showed slight negative movement as investors still remain cautious of geopolitical issues in Asian and the Middle East. WTI continued it’s six …

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DLT Picks Former Agilex Exec Joe Donohue as CFO; Alan Marc Smith Comments

Joe Donohue, formerly chief financial officer and chief compliance officer of Agilex Technologies, has taken the CFO position at DLT Solutions as Craig Adler moves on to serve on the board of directors and head the audit committee. DLT said Thursday the new CFO brings nearly 30 years of professional experience and is …

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March 30 Market Close: GovCon Index Closes Down as Major Indices Close Up

Even though advancers outpaced decliners 2 to 1 the Executive Mosaic’s GovCon Index closed down on the back of the 13.08 percent loss by SAIC (NYSE:SAIC). SAIC reported 4th quarter earning that fell short of analyst expectations. At market close WTI broke through the $50 mark closing at $50.40 up 0.89 …

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Lockheed, Northrop Integrate Tech for Army Modular Active Protection System Demonstrator

TYSONS CORNER, VA, March 30, 2017 — Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) have performed initial integration of their respective technologies for a soft-kill demonstrator of the U.S. Army‘s Modular Active Protection System, ExecutiveBiz reported Wednesday. Lockheed said Tuesday its Open Architecture Processor as well as Northrop’s Multifunction Electro-Optic System and Passive Infrared …

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Northrop Secures Spot Under $3B Army Contract for Space, Missile Defense Tech Dev’t

TYSONS CORNER, VA, March 29, 2017 — Northrop Grumman (NYSE: NOC) will pursue task orders under a potential $3.04 billion contract to provide space and missile defense technology design, development, demonstration and integration services to the U.S. Army, GovCon Executive reported Tuesday. The company said Monday the indefinite-delivery/indefinite-quantity, multiple-award contract covers support …

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