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Tag Archives: Northrop Grumman

Northrop Awarded $89M to Produce Radar Warning, EW Mgmt Equipment for Army, Navy

Northrop Grumman (NYSE: NOC) has received an $88.8 million contract modification to provide radar warning receiver and electronic warfare management system equipment for the U.S. Navy and U.S. Army. The company will provide technical engineering, logistics, assembly, test and management services for AN/APR-39 C/D(V)2 systems and related hardware under the modification,  the Defense Department said …

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Bill Clark Named Interim CEO of Boeing’s Insitu Subsidiary

Bill Clark, chief operating officer of Boeing‘s (NYSE: BA) Insitu subsidiary, has been appointed as interim CEO of the unmanned aircraft system maker, Hood River News reported Tuesday. The report said Clark succeeds Ryan Hartman, who stepped down as Insitu CEO on Feb. 1 due to “personal reasons.” As COO, Clark …

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Executive Mosaic’s Weekly GovCon Round-up: The Wash100 Celebration Continues

Weekly Roundup January 26 – February 2, 2018 Click here to see Real-Time GovCon Sector Quotes The GovCon “Popular Vote” is Rocked  Craig Abod, Paul Smith, Stu Shea, Bill Rowan, & Larry Prior Among Early Leaders Jim Garrettson, Executive Mosaic CEO Last week, Executive Mosaic announced its 5th annual list of the most …

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Boeing-Led Team Lands $6.6B MDA Contract Modification for Missile Defense System Devt, Sustainment Services

A Boeing-led (NYSE: BA) team has received a six-year, $6.56 billion contract modification from the Missile Defense Agency to continue the production and sustainment of the Ground-based Midcourse Defense ballistic missile defense system. The modification covers the delivery of a new missile field with 20 additional silos; two additional silos in an …

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Report: Defense Companies Plan Capital Expenditures Amid Rise in DoD Contracts

Some contractors have expressed plans to increase their investments in production capacity and facilities in fiscal year 2018 and in the next few years as the Defense Department starts to ramp up contract obligations, USNI News reported Wednesday. Jason Aiken, chief financial officer at General Dynamics (NYSE: GD), told analysts …

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Northrop Subsidiary Completes Critical Design Review of Radar Satellite Mesh Reflector

TYSONS CORNER, VA, Jan. 31, 2018 — A Northrop Grumman (NYSE: NOC) subsidiary has concluded the critical design review of a radar antenna reflector for an imaging satellite that will perform joint NASA and Indian space research organization missions in the future, ExecutiveBiz reported Tuesday. Astro Aerospace checked the design of the AstroMesh …

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Northrop Vet Amy Caro Named Deep Water Point Partner

Amy Caro, formerly vice president of health solutions at Northrop Grumman’s (NYSE: NOC) information systems business unit, has joined Annapolis, Maryland-based federal management consulting firm Deep Water Point as a partner. Caro will oversee the company’s health care practice that supports clients such as systems integrators and small businesses, Deep …

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Kathy Warden: Northrop to Form Innovation Systems Unit After Orbital ATK Purchase

Kathy Warden, president and chief operating officer at Northrop Grumman (NYSE: NOC), has said the company will establish a new business sector once the Falls Church, Virginia-based defense contractor completes the $9.2 billion purchase of Orbital ATK (NYSE: OA), Inside Defense reported Thursday. Warden told analysts Thursday that Blake Larson, COO …

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Northrop Lands Army Contract Modification for Hunter UAS Engineering Support

TYSONS CORNER, VA, Jan. 26, 2018 — Northrop Grumman (NYSE: NOC) will provide engineering services in support of the U.S. Army‘s Hunter unmanned aircraft systems under a $12.5 million contract modification from the service branch, ExecutiveBiz reported Thursday. The Defense Department said Wednesday Northrop’s technical services unit based in Sierra Vista, …

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PwC: Global Aerospace, Defense M&A Hit $72B in 2017

A new PwC report says the value of global mergers and acquisitions in the aerospace and defense sector reached $72 billion in 2017, exceeding the previous record of $67 billion set in 2015. PwC reported that A&D companies worldwide recorded 454 M&A transactions last year with an average deal size of $411 million. Significant …

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