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Tag Archives: Northrop Grumman

May 25 Market Close: GovCon Index Up as S&P 500 and NASDAQ Set New Highs

The Executive Mosaic GovCon Index closed up for the sixth consecutive day with the advancers significantly outpacing the decliners 5 to 1. The GovCon Index reached another 30 day high of 95.791, up 0.787 percent. CSRA lead the 30 GovCon Index stocks, up 4.62 percent as they announced the acquisition NES Associates. …

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May 24 Market Close: GovCon Index Sets Another High and Markets Gain Back Losses

The Executive Mosaic GovCon Index closed up for the fifth consecutive day with the advancers significantly outpacing the decliners 28 to 2. The GovCon Index reached another 30 day high of 94.842, up 0.701 percent. All the U.S. indices were up on the day. The S&P500 reached a new record high of …

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Northrop Grumman Secures Navy Contract for Triton UAS Long-Lead Materials

TYSONS CORNER, VA, May 24, 2017 — Northrop Grumman (NYSE: NOC) will supply long-lead components, materials and parts for the MQ-4C Triton unmanned aircraft system to the U.S. Navy under a $49.4 million contract, ExecutiveBiz reported Tuesday. The Defense Department said Monday Northrop will perform work in California, Maryland, Texas, Utah, West Virginia and other …

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May 23 Market Close: GovCon Index Hits 30 Day High and S&P Close to 2,400

The Executive Mosaic GovCon Index closed up for the fourth consecutive with the advancers outpacing the decliners 3 to 1. The GovCon Index reached 30 day high of 94.234, up 0.367 percent. All the U.S. indices were up on the day as the S&P500 came within 2 points of breaking 2,400. Markets …

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Northrop Grumman: HAMMR Multi-Mission Radar Capability Demonstrated During US Army’s C-RAM Test

At Yuma Proving Ground earlier this year, the U.S. Army selected Northrop Grumman Corporation’s (NYSE: NOC) Highly Adaptable Multi-Mission Radar (HAMMR) to demonstrate the multi-mission capability of the 2017 counter-rocket, artillery and mortar (C-RAM.) HAMMR incorporates an Active Electronically Scanned Array fighter radar mounted on a ground vehicle or towable …

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May 22 Market Close: GovCon Index and Market Indices Post Another Positive Day

For the most part all the stock on The Executive Mosaic GovCon Index ended positive for the day as President Trumps Middle East visit shows promise of increased business. Booz Allen Hamilton lead the gains after posting strong Q4 and Full Year financial results. President Trumps visit to the Middle East further …

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Northrop Grumman Opens Aircraft IR Countermeasure Repair Facility in Australia

TYSONS CORNER, VA, May 22, 2017 — Northrop Grumman (NYSE: NOC) has opened a new facility in south Australia that will work to provide in-country repair and maintenance services for the Australian air force’s Large Aircraft Infrared Countermeasure systems, ExecutiveBiz reported Friday. The company said Thursday the Adelaide repair hub focused on …

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May 18 Market Close: Minor Positive Changes With GovCon Index and Market Indices

The Executive Mosaic GovCon Index moved downward contrary to major market indices. Decliners outpaced advancers 18 to 12. The major markets showed minor movement upward after recovering from significant drop yesterday. At market close WTI followed the markets to close up 0.39 percent to $49.26 as the Algerian Energy Minister indicated that …

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Northrop Showcases Tactical Decision Aids at INSA Event; Ginger Wierzbanowski Comments

TYSONS CORNER, VA, May 18, 2017 — Northrop Grumman (NYSE: NOC) has participated at the Intelligence and National Security Alliance’s 2017 Innovators’ Showcase earlier this month with a demonstration of two maritime security technologies, ExecutiveBiz reported Wednesday. The company said Tuesday it presented the Automated Real-Time Maritime Detection and Analysis and Blue Wide Area …

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GA-ASI’s Chris Pehrson Named to Advisory Council of New CNAS Defense Project

TYSONS CORNER, VA, May 17, 2017 — Chris Pehrson, vice president of strategic development at General Atomics’ aeronautical systems business, has been named to the advisory council for the Center for a New American Security’s Evolving the Future Force project, ExecutiveBiz reported Tuesday. CNAS said Monday the new initiative is part of its Defense …

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