Home / Tag Archives: Northrop Grumman (page 31)

Tag Archives: Northrop Grumman

Northrop Conducts 1st Flight Test of Hawkeye Aircraft With Aerial Refueling System

TYSONS CORNER, VA, Dec. 20, 2016 — Northrop Grumman (NYSE: NOC) has completed the first flight test for an E-2D Advanced Hawkeye early-warning aircraft equipped with an aerial refueling system, ExecutiveBiz reported Monday. The company said Thursday the aerial refueling function will work to boost the on-station time and range of …

Read More »

December 19 Market Close: GovCon Index Higher on Lockheed & Prime Gains, US Stocks Up With Caution on Global Turmoil

Executive Mosaic’s GovCon Index traded higher on contributions from large defense prime contractors as U.S stocks pared back some gains from earlier in the session after the terror attack in a Berlin Christmas market and the assassination of Russia’s ambassador to Turkey. GovCon Index gainers outnumbered decliners by a 3-to-1 ratio and …

Read More »

Honeywell Subsidiary Lands Potential $2.6B Sandia Labs Mgmt Contract

The National Nuclear Security Administration has selected a subsidiary of Honeywell International (NYSE: HON) for the potential 10-year, $2.6 billion contract to help operate and manage Sandia National Laboratories sites located across four states. NNSA said Friday National Technology and Engineering Solutions of Sandia will lead a team comprising Northrop Grumman (NYSE: NOC) …

Read More »

Inmarsat’s Rebecca Cowen-Hirsch, Hughes’ Rick Lober Speakers at SIA DoD Commercial SATCOM Workshop

TYSONS CORNER, VA, Dec. 16, 2016 — Rebecca Cowen-Hirsch, a senior vice president at Inmarsat, and Rick Lober, a VP and general manager at Hughes Network Systems, were among the executive speakers at the Satellite Industry Association’s Defense Department Commercial SATCOM Workshop, GovCon Executive reported Wednesday. Cowen-Hirsch and Lober were scheduled to tackle …

Read More »

December 14 Market Close: GovCon Index, US Stocks Turn Lower After Rate Hike Announcement

Executive Mosaic’s GovCon Index turned from neutral to negative territory Wednesday as did the U.S. stock bellwether S&P 500 composite index after the Federal Reserve raised interest rates for only a second time since the 2008 financial crisis. GovCon Index decliners outnumbered gainers by a 9-to-1 ratio as three of its 11 S&P 500 …

Read More »

State Dept Clears $1.7B Main Battle Tank Recapitalization Deal for Kuwait

The State Department has approved Kuwait’s request to buy equipment and support services for the recapitalization of 218 General Dynamics-built (NYSE: GD) Abrams M1A2 main battle tanks under a potential $1.7 billion foreign military sales agreement with the U.S. government. The Defense Security Cooperation Agency said Tuesday the deal covers 240 .50 Cal M2A1 machine guns, 480 7.62mm M240 …

Read More »

Navy Intends to Award Hawkeye Aircraft Lots 7-11 FRP Contract to Northrop Grumman

TYSONS CORNER, VA, Dec. 13, 2016 — The U.S. Navy intends to award a sole-source, fixed-price contract to Northrop Grumman (NYSE: NOC) to deliver potentially 40 full-rate production E-2D Advanced Hawkeye aircraft under lots 7 to 11, ExecutiveBiz reported Monday. Northrop will be tasked to provide program and production management, systems …

Read More »

December 12 Market Close: GovCon Index Closes Down 1% After Trump F-35 Tweet, Lockheed Falls 2%

Executive Mosaic’s GovCon Index fell 1 percent Monday on a steep by Lockheed Martin‘s (NYSE: LMT) stock at 2 percent as other large defense primes also tumbled after President-elect Donald Trump criticized the F-35 program’s costs in a Twitter post before markets opened. The GovCon Index traded down 2 percent shortly before 12 p.m. Eastern …

Read More »

Lockheed Examines Cheyenne Resources Ahead of Air Force ICBM Launch Facility Renovation Project

TYSONS CORNER, VA, Dec. 12, 2016 — Lockheed Martin (NYSE: LMT) representatives have visited the city of Cheyenne in Wyoming to inspect local resources as the company pursues a U.S. Air Force program to update the country’s ballistic missile system and launch facilities, ExecutiveBiz reported Friday. Wyoming Tribune Eagle reported Tuesday that Boeing (NYSE: …

Read More »

Lockheed Down 5% at Midday, GovCon Index 2% Lower After Trump’s F-35 Twitter Criticism

Shares in Lockheed Martin (NYSE: LMT) traded down approximately 5 percent as noon Eastern time approached Monday after President-elect Donald Trump criticized the F-35 Joint Strike Fighter program on Twitter in the early morning hours. “The F-35 program and cost is out of control. Billions of dollars can and will …

Read More »