Home / Tag Archives: Northrop Grumman (page 70)

Tag Archives: Northrop Grumman

Army Taps Boeing for $667M Apache Helicopter FMS Contract With Qatar

Boeing (NYSE: BA) has received a potential four-year, $667.5 million contract from the U.S. Army to deliver 24 AH-64E Apache helicopters and related equipment to Qatar as part of a foreign military sales agreement. The company will perform work in Mesa, Arizona, through May 31, 2020, under the fixed-price-incentive contract and …

Read More »

Northrop Lands $600M MDA Contract Modification for Missile Defense System Technical Services

Northrop Grumman (NYSE: NOC) has been awarded a 20-month, $600 million contract modification by the Missile Defense Agency to continue providing technical integration and operational support services for the U.S. ballistic missile defense system. The Defense Department said Tuesday the modification increases the contract’s total value to $3.85 billion and extends Northrop’s services through …

Read More »

June 6 Morning Report: GovCon Index Posts Narrow Friday Gain on May Jobs Data

The GovCon Index closed Friday with a narrow gain of 0.091 points to 79.018 for its third consecutive week in positive territory as the Labor Department reported May jobs data below expectations. According to CNBC, analysts have also indicated that the Federal Reserve could implement a 54-percent increase in the interest rate as …

Read More »

June 3 Market Close: GovCon Index Holds Marginally Up Against US Stock Declines

The GovCon Index recorded a narrow gain of 0.091 points to 79.018 Friday to post its third consecutive weekly rise as U.S. markets showed caution after the May payrolls report showed 38, 000 jobs created in May to fall well short of economist forecasts. According to CNBC, analysts expected the Labor Department …

Read More »

Northrop Unit to Provide Navigation Tech for Beechcraft Turboprop Planes

TYSONS CORNER, VA, June 3, 2016 — A Northrop Grumman (NYSE: NOC) subsidiary will provide navigation technology for the special missions variant of Beechcraft‘s King Air turboprop aircraft, ExecutiveBiz reported Thursday. Northrop said Wednesday the LCR-100N system built by its LITEF unit will be an “inertial product option” for the King Air and consist of gyrocompass …

Read More »

Northrop Grumman Gets $62M Maritime Surveillance Demonstrator Contract Modification

The U.S. Navy has awarded Northrop Grumman (NYSE: NOC) a $62 million contract modification to exercise an option on a cost-plus-fixed-fee contract for operation and maintenance support to the Broad Area Maritime Surveillance-Demonstrator aircraft. The modification covers logistics support, deployment of field services representatives and intermediate and depot-level maintenance to support the BAMS-D …

Read More »

May 31 Market Close: GCI Declines, Ends 4th Straight Month in Positive as New Tanker Delay Drags Boeing Shares

The GovCon Index posted a decline of 0.398 points to 78.106 Tuesday on losses by Boeing (NYSE: BA) and other large defense prime contractors but ended at a gain for May to record its fourth straight month of positive movement. The Index rose 2.523 percent for May and has climbed 7.763 percent …

Read More »

Proposed $260M F-16 Logistics Foreign Military Sale to Oman Gets State Dept Clearance

The State Department has approved a $260 million foreign military sale of logistics support services,  support and communications equipment, personnel training and spare and repair parts for F-16 units to Oman. The Defense Security Cooperation Agency said Thursday the government of Oman has also requested electronic combat international security assistance, contractor …

Read More »

Mitchell Jukanovich Joins Tripwire as Federal Sales VP; Dave Dickison Comments

Mitchell Jukanovich, formerly senior director of intelligence and international sales for Forcepoint,  has joined Tripwire as vice president of federal sales. He will oversee the company’s sales efforts in the public sector as part of his new role, Tripwire said Thursday. Dave Dickison, VP of worldwide sales at Tripwire, said the company …

Read More »

David Buss to Head Cubic’s Defense Segment, Mike Twyman Named Mission Solutions Division Lead

Cubic Corp. (NYSE: CUB) has promoted David Buss to president of the San Diego-based contractor’s global defense segment and Mike Twyman to president of the company’s newly-established mission solutions business division as part of a realignment initiative. The company said Wednesday Buss, a senior vice president in the global defense segment; and …

Read More »