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Tag Archives: Northrop Grumman

Weekly Roundup Feb. 22 – Feb. 26 2016: GD’s Robotics Buy Keeps Tech M&A Wheels Turning & more

Feb. 22 – Feb. 26 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Consolidation among the large players the government services market have been well-documented in spaces such as these but the product makers in GovCon also have been in on the M&A …

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Reports: Boeing-Lockheed Team to Drop Protest of Air Force Bomber Contract Award to Northrop

The team of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) will not pursue a legal challenge in federal claims court of the U.S. Air Force’s award of the Long Range Strike Bomber contract to Northrop Grumman (NYSE: NOC), Bloomberg reported Friday. Julie Johnsson writes the decision comes a week after the Government Accountability …

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Northrop, Oceaneering, Made in Space to Build On-Orbit 3D Printer With Robotic Arm

TYSONS CORNER, VA, February 25, 2016 — Northrop Grumman (NYSE: NOC) currently works with Oceaneering Space Systems and Made in Space to build a 3D printer with a robotic arm that will work to manufacture space systems on orbit, ExecutiveBiz reported Wednesday. Space News reported Tuesday Northrop will provide software, systems engineering, …

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State Dept OKs $225M UAE Request for C-17 IR Countermeasures, Logistics Services

The State Department has cleared a potential $225 million foreign military sale of Large Aircraft Infrared Countermeasure systems and logistics support for the United Arab Emirates’ C-17 military transport planes. Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) will act as principal contractors for the sale,  the Defense Security Cooperation Agency said Wednesday. The deal covers eight Globemaster III AN/AAQ-24 …

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Ron Foudray: Northrop Grumman Works on ‘Upfront’ Security for Military Systems

TYSONS CORNER, VA, February 24, 2016 — Ron Foudray, vice president of business development at Northrop Grumman‘s (NYSE: NOC) information systems business, has said cyber resiliency is essential to support both kinetic and nonkinetic operations, ExecutiveBiz reported Monday. C4ISR & Networks reported Monday Northrop works to bring “baked in” security for …

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Weekly Roundup Feb. 16 – Feb. 19 2016: The M&A Deal Leaders in 2016’s Wash100 & more

Feb. 16 – Feb. 19 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Over the past two weeks here, we have taken different looks at Executive Mosaic’s 2016 Wash100 list of the government contracting arena’s most influential voices and pulled out some similarities between …

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Northrop Grumman’s Triton UAS Completes Operational Assessment

TYSONS CORNER, VA, February 19, 2016 — Northrop Grumman (NYSE: NOC) has completed the operational assessment of the U.S. Navy‘s MQ-4C Triton unmanned aircraft system, ExecutiveBiz reported Wednesday. The company said Tuesday the assessment includes flight tests for the UAS weapon system and moves the program closer to Milestone C and low-rate …

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February 18 Market Close: GovCon Index Inches Up, Holds in Correction as US Stocks Decline

The GovCon Index barely held positive territory in a narrow final hour of trade Thursday to record a nominal gain of 0.041 points to 71.389 Thursday and remain in a correction for the seventh consecutive day, or 10 percent down from its most recent high on Dec. 1. ManTech International (Nasdaq: …

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Northrop Grumman Donates Navigation Software Licenses to Naval Academy

TYSONS CORNER, VA, February 18, 2016 — Northrop Grumman (NYSE: NOC) has donated 135 Voyage Management System software licenses worth $3.17 million to the U.S. Naval Academy Foundation, GovCon Executive reported Wednesday. The company said Monday the software works to support U.S. Navy and U.S. Marine Corps midshipman training on navigation at …

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Huntington Ingalls FY 2015, 4Q Earnings Below Wall Street Outlook; Full-Year Margin Hits Post-Northrop Spin Goal

Huntington Ingalls Industries (NYSE: HII) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported earnings of $8.36 per share for the full 2015 calendar year to fall below Wall Street analysts forecasts of $8.99. Full 2015 net income rose 19.52 percent year-over-year to $404 million …

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