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Tag Archives: NYSE: NOC

Northrop Books Trio of DoD Deals

According to the Department of Defense, “Northrop Grumman (NYSE: NOC) is being awarded a $34, 941, 216 cost- plus-incentive-fee undefinitized contract action for non-recurring engineering efforts required to design, integrate, and test all hardware, firmware, and software changes required to incorporate advanced threat warning into the current the Department of …

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EADS Reacts to Tanker Decision

Following the Air Force’s decision to issue the $35 billion KC-X tanker deal to Boeing (NYSE: BA), EADS North America officials expressed disappointment over the outcome. “This is certainly a disappointing turn of events, and we look forward to discussing with the Air Force how it arrived at this conclusion, …

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Boeing Cleared for Takeoff with $35 Billion KC-X Tanker Project

The Department of Defense named Boeing (NYSE: BA) the winner of the $35 billion KC-X Tanker contract issued by the Air Force. The firm plans to use the KC-767 aircraft for the project. The first contract awarded carries a value of $3.5 billion calls for the delivery of 18 aircraft …

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Northrop Grumman Books $50 Million LRIP Deal with Army

Northrop Grumman (NYSE:NOC) won a $50 million contract from the Army for low rate initial production of the replacement for the Integrated Family of Test Equipment and other Army off-platform testers. According to the firm, “The Next Generation Automatic Test Station is a mobile, rapidly deployable and reconfigurable general purpose …

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Northrop Grumman Starts Week with Navy Work in Hand

According to the Department of Defense, “Northrop Grumman (NYSE: NOC) is being awarded a $25, 575, 767 cost-plus-fixed-fee delivery order against a previously issued basic order agreement (N00019-10-G-0004) for the design and development of the airborne sense and avoid capability for the Broad Area Maritime Surveillance (BAMS) unmanned aircraft system …

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Northrop Grumman Bids for $800 Million Air Force Deal

Northrop Grumman (NYSE:NOC) submitted a bid for the Air Force’s Air and Space Operations Center modernization program. The deal carries a value exceeding $800 million over eight years. According to the firm, “the program is a weapon system modernization effort to integrate mission services into a common computing environment built …

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Financial Announcement from Northrop Grumman

Northrop Grumman released the following statement: “The board of directors declared a quarterly dividend of $0.47 per share on Northrop Grumman common stock, payable March 12, 2011, to shareholders of record as of the close of business Feb. 28, 2011.”

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Northrop Grumman Books Unmanned Aircraft Deal with Navy

Northrop Grumman (NYSE:NOC) secured a Navy contract worth $3.3 million to participate in the Unmanned Aircraft System Control Segment Architecture Working Group. According to the firm, “the UCSWG will provide increased UAS command and control capability to the warfighter at lower cost by using an open system architecture approach across …

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Northrop Grumman Reports ‘Strong Finish’ in 2010; CEO Wes Bush Remarks

Northrop Grumman (NYSE: NOC) announced fourth-quarter 2010 earnings from continuing operations to reached $376 million, compared to $375 million in the fourth quarter of 2009. According to the firm, “fourth-quarter 2010 results included a previously announced one-time, pretax charge of $231 million, or $0.51 per diluted share, principally related to …

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Boeing, Northrop Grumman Snag DoD Deals

According to the Department of Defense, “Boeing (NYSE: BA) was awarded a $23, 127, 911 contract modification, which will procure various test assets and hardware for aircraft integration efforts for the F-16 Block 40/50, F-22, F-35, and the Small Diameter Bomb Increment I programs.  At this time, the entire amount …

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