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Tag Archives: Northrop Grumman

Northrop Breaks Ground on UAS R&D Facility at Grand Sky

TYSONS CORNER, VA, October 19, 2015 — Northrop Grumman (NYSE: NOC) will operate a new research and development facility for drone technologies at Grand Sky, North Dakota, to serve as the main tenant of the 217-acre unmanned flight application development park, ExecutiveBiz reported Friday. Construction has begun on the $10 million …

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Weekly Roundup Oct 12 – Oct 16 2015: Frank Kendall Expands Thoughts on Defense Sector Consolidation Prospects & more

Weekly Roundup Oct 12 – Oct 16 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The military’s chief weapons buyer took to the TV airwaves this week to expand further on his message that the defense prime contractor landscape should remain in …

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Northrop Realigns Businesses, Appoints Gloria Flach COO

Northrop Grumman (NYSE: NOC) will restructure from four business segments to three, effective Jan. 1, in a move President and CEO Wes Bush said is aimed to align strategies with customer requirements. On that date, Gloria Flach, corporate vice president and president of Northrop’s electronic systems sector, will assume the …

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NASA Chooses 11 for $400M Langley Center Research Support IDIQ

Eleven companies have been awarded positions on a potential five-year, $400 million contract to help build new aerospace systems at a NASA research facility in Virginia. NASA said Thursday contractors will compete to perform technology basic and applied research, development, analysis, integration and demonstration services for Langley Research Center. Work …

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October 12 Market Close: GovCon Index, US Stocks Close Up on Light Volume Day

The GovCon Index gained 0.230 points to 74.428 Monday and mirrored a narrow day of trades for U.S. stocks that saw losses in the morning session followed by gradual gains afterward. Monday was a light volume day for U.S. markets due to the Columbus Day holiday and bond markets were closed, …

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US Navy Awards $49M Sensors Contract to Three Firms

Consolidated Resource Imaging LLC,  Manufacturing Techniques Inc. and Northrop Grumman (NYSE: NOC) have each received a $49 million contract combined to build sensor prototypes for the U.S. Navy. The companies will produce sensor systems for use in the Navy’s intelligence, surveillance, reconnaissance and force protection operations, the Defense Department said Thursday. Performance …

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Weekly Roundup Oct 5 – Oct 9 2015: CNBC’s Jim Cramer Talks Up Defense Stocks as 3Q Earnings Season Looms & more

Weekly Roundup Oct 5 – Oct 9 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson One of the most listened-to voices in business media singled out the defense sector and one of its biggest players as among the best performers during recent …

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NVTC Announces Finalists to Tech Exec, Tech Company of the Year Awards

TYSONS CORNER, VA, October 8,  2015 — The Northern Virginia Technology Council has announced the finalists to this year’s NVTC Tech Awards, with the winners from five categories slated to be feted at the organization’s TechCelebration reception on Oct. 19, GovCon Executive reported Wednesday. NVTC said Marilyn Crouther of HP (NYSE: HPQ), …

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Northrop Marks Production Milestone for F-35 Center Fuselage

TYSONS CORNER, VA, October 7,  2015 — Northrop Grumman (NYSE: NOC) has completed the AX-5 center fuselage for the first F-35 Lightning II aircraft to be assembled in Japan, a production milestone celebrated in a Oct. 2 ceremony attended by officials from the Japanese government, Northrop and Lockheed Martin (NYSE: LMT). The …

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Northrop Receives $92M Contract Modification to Develop US Navy EW Systems

Northrop Grumman (NYSE: NOC) has received a $91, 735, 291 contract modification to engineer and develop the U.S. Navy’s electronic warfare systems. The company will upgrade the electronic attack capabilities of AN/SLQ-32(V) EW systems under the Surface Electronic Warfare Improvement Program Block 3 program, the Defense Department said Monday. Northrop …

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