Tag Archives: Northrop Grumman

Northrop Closes Orbital ATK Purchase; Blake Larson Named Innovation Systems Sector President

Northrop Grumman (NYSE: NOC) wrapped up its approximately $9.2 billion purchase of Orbital ATK on Wednesday and will now run the newly acquired company as its fourth business sector called Northrop Grumman Innovation Systems. Blake Larson, most recently chief operating officer at Orbital ATK, has been elected by the board as …

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FTC Clears Northrop’s Orbital ATK Purchase

The Federal Trade Commission has given Northrop Grumman (NYSE: NOC) antitrust approval to proceed with its proposed $9.2 billion acquisition of Orbital ATK (NYSE: OA). Northrop said Tuesday the FTC clearance calls for it to make solid-rocket motors available to competitors on “a non-discriminatory basis” and that it expects to close the deal …

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Navy, Northrop Grumman Mark Start of MQ-4C Triton Flight Operations

TYSONS CORNER, VA, June 5, 2018 — Northrop Grumman (NYSE: NOC) and the U.S. Navy have begun flight operations for the MQ-4C Triton unmanned aircraft system at Naval Base Ventura County in Point Mugu, California, ExecutiveBiz reported Monday. The company said Friday the first pair of operational Triton drones will undergo tests with Navy maintainers …

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Northrop to Help Sustain Air Force Radar Systems Under Potential $866M IDIQ

Northrop Grumman (NYSE: NOC) has won a potential five-year, $866 million contract to help the U.S. Air Force sustain and modify three kinds of radar system. The company will support depot-level sustainment and modification of USAF’s Ballistic Missile Early Warning System, the Precision Acquisition Vehicle Entry Phased Array Warning System and the Parameter Acquisition Radar Attack Characterization System, …

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Executive Mosaic’s Weekly GovCon Round-Up: Platform Companies Overview, Recent Contract Wins and Top 10 Stories

Weekly Roundup May 28 – June 1, 2018 Click here to see Real-Time GovCon Sector Quotes Executive Mosaic’s Weekly GovCon Round-Up: Platform Companies Overview, Recent Contract Wins and Top 10 Stories Jim Garrettson, Executive Mosaic CEO Platform Companies: A May Overview As we look back at May, I’d like to highlight some …

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PwC: Aerospace & Defense Industry Reported $728B in 2017 Revenue

A new PwC report says the aerospace and defense sector recorded $728 billion in 2017 revenue, reflecting a 4 percent increase from the previous year. PwC reported that A&D companies posted a combined operating profit of $77 billion in 2017 with an on operating margin of 10.6 percent, up from 9.3 percent in …

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Diane Epstein Joins Ensco’s National Security Division as Business Development, Capture Director

Diane Epstein, a former capture manager at Raytheon (NYSE: RTN), has joined Ensco as director of business development and capture at the Falls Church, Va.-based contractor’s national security division. She will oversee Ensco’s efforts to identify business opportunities and establish customer relationships in the defense and intelligence sectors, the company said Wednesday. Vernon Joyner, …

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AT&T Vet Joseph Chioda Named New Chief Growth Officer at FCI Enterprises

TYSONS CORNER, VA, May 30, 2018 — FCI Enterprises has recruited Joseph Chioda, formerly client executive vice president for AT&T’s (NYSE: T) global public sector business, to serve as the Chantilly, Va.-based technology company’s new chief growth officer, ExecutiveBiz reported Friday. Prior to his tenure at AT&T, Chioda held executive responsibilities …

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Northrop Vet Justin Gans Joins Elbit Systems’ US Arm as Strategy, Corporate Development VP

Justin Gans, formerly director of portfolio development at Northrop Grumman‘s (NYSE: NOC) aerospace sector, has been named vice president of strategy and corporate development at Elbit Systems‘ (Nasdaq: ESLT) U.S. subsidiary. Raanan Horowitz, president and CEO at Elbit Systems of America, said in a statement published Tuesday Gans will help expand the company’s …

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Northrop Grumman Wins $434M State Dept. Consular Systems Modernization Contract

The State Department announced in a Federal Business Opportunities notice posted Tuesday that it will award a $434.2 million contract to Northrop Grumman (NYSE: NOC) for updates on a platform that works to process visas, passports and emergency services to U.S. nationals based abroad. Northrop will support the ConsularOne program by providing …

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