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Tag Archives: Northrop Grumman

State Dept OKs Poland’s $200M Follow-On Request for F-16 Sustainment Services

The State Department has given Poland the green light to procure follow-on F-16 aircraft  sustainment and support services from the U.S. government under a potential $200 million foreign military sales deal. Poland requested the procurement of aircraft maintenance, upgrades and overhaul support, technical documentation, engineering, spare and repair parts, test equipment and logistics support …

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Executive Mosaic’s Weekly GovCon Round-up: Recent M&A Activity in the GovCon Market

Weekly Roundup December 11 – December 15 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson For this week’s roundup we’re taking a look at the current landscape of M&A activity in the government contracting market. 2017 is coming to a close and the …

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Northrop Grumman Provides Support for Naval Academy STEM, Cyber Programs

TYSONS CORNER, VA, Dec. 14, 2017 — Northrop Grumman‘s (NYSE: NOC) philanthropic arm has placed an investment to support cybersecurity, science, technology, engineering and math programs at the U.S. Naval Academy, GovCon Executive reported Wednesday. The company said Tuesday Northrop Grumman Foundation’s gift serves to fund efforts such as the Cybersecurity Capstone Project …

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Northrop Gets $445M Air Force Contract for Large Aircraft IR Countermeasure Support

Northrop Grumman (NYSE: NOC) has received a potential five-year, $444.6 million contract from the U.S. Air Force for support work on AAQ-24 large aircraft infrared countermeasure systems. The Defense Department said Wednesday the contract covers repair of 34 national stock numbers and includes $17.2 million in foreign military sales to Canada and Bahrain. Northrop …

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Northrop Vet Matt McQueen Named Peraton Chief Comms Officer; Stu Shea Comments

Matt McQueen, previously a communications executive in charge of cyber branding at Northrop Grumman (NYSE: NOC), has joined Peraton as chief communications officer. McQueen will oversee strategy development and implementation of communications initiatives in the areas of media relations, employee engagement, branding and executive communications, Peraton said Monday. “With Peraton’s fresh …

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Northrop to Modernize Army Fixed-Wing ISR Aircraft Fleet Under Potential $750M Contract

Northrop Grumman (NYSE: NOC) has secured a potential nine-year, $750 million contract to help the U.S. Army modernize the service branch’s fixed-wing airborne intelligence, surveillance and reconnaissance aircraft. The company said Thursday it will provide lifecycle services to the Special Electronic Mission Aircraft fleet composed of the RC-12X Guardrail along with the …

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FTC Seeks Additional Data on Northrop-Orbital ATK Deal

The Federal Trade Commission has issued Northrop Grumman (NYSE: NOC) a second request for additional data associated with its proposed $9.2 billion acquisition of Orbital ATK (NYSE: OA). Northrop said Wednesday it received the request as FTC reviews the transaction as part of the regulatory process. The request for additional information came a …

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GovConIndex Ends the Week Up While Major Indices Close In The Negative

GovCon Wire is changing its coverage of the GovCon Index and major indices. GovCon Wire will now be providing weekly performance analysis instead of the daily for the GovCon Index, S&P 500, Dow Jones Industrial Average and NASDAQ Composite. In reviewing the past weeks market performance the Executive Mosaic GovCon Index (GCI) …

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Navy Taps 4 Companies for ISR, Systems Engineering Support Contracts

Four companies have won separate potential five-year contracts to provide  intelligence, surveillance and reconnaissance support and systems engineering services for the U.S. Navy’s maritime, aerial, ground and space platforms. The Space and Naval Warfare Systems Center Pacific received five offers for the cost-plus-fixed-fee contracts that have a two-year base period and …

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Orbital ATK Shareholders OK $9.2B Merger With Northrop; David Thompson Comments

Shareholders at Orbital ATK (NYSE: OA) have approved a deal for Northrop Grumman (NYSE: NOC) to acquire the Dulles, Virginia-based aerospace and defense contractor in an estimated $9.2 billion transaction. Holders of at least 99 percent of shares in Orbital ATK voted to approve the merger during the Wednesday meeting, …

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