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Tag Archives: Northrop Grumman

Executive Mosaic’s Weekly GovCon Round-up: The Biggest Contracts of the Week

Weekly Roundup August 14 – August 18 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week the GovCon industry witnessed a number of significant contract awards, many of which focused on R&D, space, IT services and missile defense. Let’s take a quick …

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Air Force Adds Lockheed to $499M Aerospace Platform R&D Contract

Lockheed Martin (NYSE: LMT) has won a spot on a potential eight-year, $499 million contract from the U.S. Air Force to research and develop new aerospace vehicle technologies for warfighters. The Defense Department said Thursday Lockheed will support the Aerospace Systems Air Platform Technology Research program in Fort Worth, Texas, through 2025. Northrop …

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Northrop, Industry Partners Showcase Autonomous Vehicles at Navy Exercise

TYSONS CORNER, VA, Aug. 16, 2017 — Northrop Grumman (NYSE: NOC) and its industry partners Battelle, Huntington Ingalls Industries (NYSE: HII) and Riptide have demonstrated several battlespace technologies at a U.S. Navy exercise in collaboration with the Naval Surface Warfare Center – Panama City division, ExecutiveBiz reported Tuesday. Battelle said Monday the …

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August 14th Market Close: GovConIndex and Major Indices Close Up

The Executive Mosaic GovCon Index (GCI) continued its upward trend from the 11th to close up 1.229 percent to 101.260. Advancing shares outpaced decliners 24 to 6. The major indices closed up today with the S&P500 advancing 1.00 percent to 2,465.84, while DJIA moved up by 0.62 percent to 21,993.71, and the NASDAQ Composite increased by 1.34 percent to 6,340.23. Crude oil …

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USAF Picks Northrop, Aurora Flight Sciences for $499M Aerospace Vehicle R&D IDIQ

Northrop Grumman (NYSE: NOC) and Aurora Flight Sciences have won positions on a potential eight-year, $499 million contract from the U.S. Air Force to research, develop and demonstrate aerospace vehicle systems designed to deliver weapons, cargo and other payloads to warfighters. The Air Force Research Laboratory received six proposals for …

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Northrop Grumman Subsidiary Performs Initial Review of Inmarsat-6 Satellite Reflector Design

TYSONS CORNER, VA, Aug. 11, 2017 — A subsidiary of Northrop Grumman (NYSE: NOC) has completed the preliminary design review of the AstroMesh reflectors for two Airbus-built communications satellites that will be part of the Inmarsat-6 constellation, ExecutiveBiz reported Thursday. Northrop said Wednesday Astro Aerospace conducted the review to check the reflectors’ …

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August 9th Market Close: GovConIndex Closes Up While Major Indices Close Down

The Executive Mosaic GovCon Index (GCI) closed up 0.144 percent to 100.857. Advancers and decliners split even on the day. The major indices responded to heightened tensions between the U.S. and North Korea and closed slightly down for the day. The S&P500 off 0.04 percent while DJIA moved downward by 0.17 percent, and …

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Northrop Grumman Integrates NASA Webb Telescope’s Sunshield Layers

TYSONS CORNER, VA, Aug. 9, 2017 — Northrop Grumman (NYSE: NOC) has completed the integration of the sunshield flight layers that will work to protect the components of NASA‘s James Webb Space Telescope, ExecutiveBiz reported Tuesday. The company said Monday the sunshield is made of Kapton and consists of five layers that serve to …

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Boeing Wins $409M IDIQ Spot Under AF Thermal, Power, Controls Research Program

The U.S. Air Force has selected Boeing (NYSE: BA) as the latest awardee under a potential $409 million contract to help the military branch  develop thermal, power and controls systems for air platforms. The Defense Department said Thursday Boeing will participate in the Next Generation Thermal, Power, and Controls program that covers applied research …

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August 2nd Market Close: GovConIndex Closes Up While Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) closed up slightly to 99.401, positive 0.008 percent. KBR topped the GCI posting strong Q2 earnings which resulted in a 8.29 percent gain on the day. Advancers and decliners were evening split. The major indices closed mixed. The S&P500 up 0.05 percent to 2,477.57, while the DJIA …

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