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Tag Archives: Northrop Grumman

August 11 Market Close: GovCon Index Swings Positive on Orbital ATK Rebound & Lockheed Rise

Executive Mosaic’s GovCon Index staged a rally Thursday to barely miss a new record close as Orbital ATK (NYSE: OA) regained some ground from a record plunge in the previous session and Lockheed Martin (NYSE: LMT) rose to a new 52-week high in intraday trade. The Index closed 0.179 points shy of the …

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Northrop Grumman Picks 7 Research Projects to Fund at USC

TYSONS CORNER, VA, Aug. 11, 2016 — Northrop Grumman (NYSE: NOC) has awarded $500, 000 in research funds for seven projects conducted at the Northrop Grumman Institute of Nanophotonics and Nanomaterials this year to advance optical and nanophotonic technologies, ExecutiveBiz reported Wednesday. The company said Tuesday the chosen research projects cover the topics of black phosphorus, …

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Northrop, Air Force Integrate Live F-16s With Virtual F-22s in LVC Training

TYSONS CORNER, VA, Aug. 10, 2016 — Northrop Grumman (NYSE: NOC) has worked with the U.S. Air Force to test the integration of virtual fifth-generation F-22 Raptor aircraft with fourth-generation F-16 Fighting Falcon jets as part of a live, virtual and constructive training, ExecutiveBiz reported Tuesday. The company said Monday the F-16s operated out …

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August 9 Market Close: GovCon Index Rebounds, AECOM Down on 3Q Revenue Miss

Executive Mosaic’s GovCon Index rebounded Tuesday with gainers outnumbering laggers by a roughly 4-to-1 ratio against a largely choppy day for U.S. stocks as the general financial markets continue to struggle for direction. Ten of the GCI’s 11 S&P 500-listed stocks closed in green with McKesson Corp. (NYSE: MCK) the best net …

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August 8 Market Close: GovCon Index Dragged by Northrop & Other Defense Prime Losses

The GovCon Index stumbled Monday and failed to carry over momentum from Friday’s strong July jobs report as declines by major defense primes weighed on the GCI and losses by healthcare shares dragged down U.S. stocks. GovCon Index laggers outnumbered gainers by a 2-to-1 ratio and four of its 11 S&P 500-listed stocks posted gains with Northrop Grumman (NYSE: …

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Northrop, Embry-Riddle Team Up on Airworthiness Engineering Graduate Program

TYSONS CORNER, VA, Aug. 5, 2016 — Northrop Grumman (NYSE: NOC) and Embry-Riddle Aeronautical University have partnered to create the first airworthiness engineering graduate study program set to launch by January 2017, GovConExecutive reported Thursday. The company said Wednesday the specialized technical curriculum is designed to help students earn a Certificate of Study in Airworthiness Engineering and …

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BAE’s US Arm Names Stephen Hyde Global IT Business VP, Bijon Ray Finance VP for Intell Sector

Stephen Hyde, former vice president and account manager for intelligence at CSRA (NYSE: CSRA), has joined BAE Systems’ U.S. subsidiary as VP and general manager of the global information technology solutions business within the intelligence and security sector. “Stephen has a track record of achieving growth by winning new business and maximizing the …

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August 2 Market Close: GovCon Index Down on Boeing & Services Stock Losses, Harris Jumps 2% on Jana Partners Board Pact

Executive Mosaic’s GovCon Index traded downward Tuesday on sharp declines in Boeing (NYSE: BA) and major services-oriented contractors while Harris Corp. (NYSE: HRS) soared 2.71 percent on news of its board of directors membership agreement with activist hedge fund Jana Partners. The GovCon Index declined 0.316 points to 82.184 and five of the GCI’s 11 S&P 500-listed stocks …

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Weekly Roundup July 25 – July 29 2016: Defense Tech Makers Show Life in 2Q Earnings & more

July 25 – July 29 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson A new earnings season continued to dominate investors’ attention spans this week and those with keen interests in the aerospace, defense and government contracting sectors were no exception. Eleven contractors …

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Northrop Awarded $164M to Configure Hawkeye Early-Warning Aircraft for Japan

Northrop Grumman (NYSE: NOC) has received a potential $164 million contract modification to provide one E-2D Advanced Hawkeye configured aircraft to Japan under the foreign military sales program. The Defense Department said Thursday Northrop’s military aircraft systems business will perform work through March 2018 at various locations across the continental U.S. The Navy obligated …

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