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Tag Archives: Northrop Grumman

December 8 Market Close: GovCon Index, US Stock Losses Deepen on Commodity Pressure

The GovCon Index fell for a consecutive day at a decline of 0.573 points to 77.530 as continued declines in commodity prices kept U.S. stocks in negative territory for a second straight session. Three out of 30 stocks closed positive with CACI International (NYSE: CACI) the top Index gainer out of three …

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Air Force Eyes Purchase of 100 Bomber Planes From Northrop Grumman

TYSONS CORNER, VA, December 4, 2015 — The U.S. Air Force could purchase approximately 100 Long Range Strike Bombers from Northrop Grumman (NYSE: NOC) based on recent comments by Sec. Deborah Lee James, ExecutiveBiz reported Thursday. Defense News reported Wednesday the potential purchase is in line with the set ceiling for …

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Northrop Grumman’s Fire Scout Undergoes Navy Operational Tests

TYSONS CORNER, VA, December 3, 2015 — Northrop Grumman (NYSE: NOC) has worked with the U.S. Navy to conduct operational tests on the MQ-8C Fire Scout unmanned autonomous helicopter, ExecutiveBiz reported Wednesday. The company said Tuesday the assessment focused on the new MQ-8C airframe’s sensor integration and endurance. About Executive Mosaic: Founded in 2002, Executive …

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Northrop Buys F-35 In-Flight Opening Doors From Fokker Under $107M Deal

TYSONS CORNER, VA, November 24,  2015 — Northrop Grumman (NYSE: NOC) has ordered $106.8 million in F-35 in-flight opening doors from the Fokker Technologies division of GKN Aerospace, ExecutiveBiz reported Friday. Fokker said Thursday the opening doors are for the Lockheed Martin-built (NYSE: LMT) F-35 aircraft in lots 10 and 11 …

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Weekly Roundup Nov 16 – Nov 20 2015: A Post-Paris Look at the Global Arms Trade & More

Weekly Roundup Nov 16 – Nov 20 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Investors made a sharp turn this week to defense and other government contracting stocks after the Friday Paris attacks in anticipation of increased activity in the global weapons market. The GovCon …

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State Dept Clears Japan’s $1B Northrop Global Hawk Request

The State Department has cleared Japan’s request to buy $1.2 billion in Northrop Grumman (NYSE: NOC)-built Global Hawk unmanned aerial vehicles and parts from the U.S. government under a foreign military sales agreement. Japan asked to buy three RQ-4 Block 30 I Global Hawk aircraft, eight Kearfott GPS units and eight LN-251 GPS units, the Defense …

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Air Force Adds 10 Firms to Potential $5B Cyber, Info Systems Support IDIQ

The U.S. Air Force has selected an additional 10 companies to compete for task orders to research, develop and test cybersecurity and information system management tools under a potential five-year, $5 billion contract. These companies will join the six vendors initially awarded small business set-aside positions on the multiple-award contract last month, the Defense Department …

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William LaPlante to Leave USAF Acquisition Lead Post, Rejoin Mitre

William LaPlante will step down as assistant secretary for acquisition at the U.S. Air Force after three years of civilian service in the branch and transition to a senior role at Mitre, the military branch announced Thursday. The Air Force added the Defense Department will reappoint LaPlante to the Defense Science Board to advise …

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Northrop Sees Foreign Business Opportunities for Hawkeye Early-Warning Aircraft

TYSONS CORNER, VA, November 17,  2015 — Northrop Grumman (NYSE: NOC) is in talks with potential customers in Asia, North Africa and the Persian Gulf for the E-2D Advanced Hawkeye early-warning aircraft, ExecutiveBiz reported Monday. Reuters reported Friday the company sees continued business opportunities with both existing and new customers for the Hawkeye, …

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